Major Tech Players Announce Huge Workforce Reductions: Ebay, Amazon and More!
Several major tech companies are reshaping their workforce dynamics at the beginning of 2024, with eBay becoming the latest to announce substantial layoffs
Internet giant Google has registered a subsidiary in Bulgaria, Google Bulgaria EOOD.
According to Business Register data, as cited by dnevnik.bg, Google Bulgaria EOOD was registered on March 10 by Google International LLC, a Delaware subsidiary of the company which is in charge of expansion.
Google International LLC is cited as the sole owner of the company.
The initial capital of the company is BGN 100 000, according to Bulgaria's Business Register.
The chief executive of the Bulgarian subsidiary of Google is Graham Law , Finance Director for Europe, Middle East and Africa, based in Google's EMEA Head Office in Dublin.
According to unconfirmed reports of Bulgarian daily Pressa, the company may joint Sofia Tech Park, the tech park that is being built on Tsarigradsko Shose Blvd in Sofia.
Elitsa Panayotova, CEO of Sofia Tech Park, noted that they were hoping to announce news related to Google, stressing that t it was too early to say.
Google is currently running a major part of its activity in Bulgaria from its Dublin-based head office.
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022