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Send to KindleUkrainian global outsourcing product and application development company SoftServe announced the opening of a software development center in Sofia, Bulgaria.
The center will augment various software development engagements to support the company's vertical strategy.
"Eastern Europe consistently ranks at the top of the world in educational achievement in math, science and technology," Alan Harlan, CEO of SoftServe said in a statement published on the company website.
"The opening of this center is a key component in our global strategy to provide the best development expertise, deliver industry-leading software and expand on our world class customer delivery."
According to data from The Economist and World Bank, Bulgaria ranks third worldwide in the number of certified IT professionals and has a growing workforce of 3 million. While in parallel, the growing demand for quality outsourcing services continues to increase, which in turn leads to a heightened demand for IT professionals in Eastern Europe, the statement continues.
SoftServe was founded in 1993 and is dedicated to providing end-to-end capabilities from product concept to completion. The company delivers solutions for industries including Healthcare, Retail, Manufacturing, Logistics, and Infrastructure & Systems. SoftServe employs over 3,000 specialists and has offices in North America, Western Europe, Russia and Ukraine.
This is the second big IT company to show investment interest in Bulgaria in a month, Money.bg reminds. Russian software developer Luxoft announced its plans to open a research and development center in Sofia in March and to hire 400 employees over the next two years.
Bulgaria continues to hold a leading position in the European Union when it comes to the share of women working in the information technology sector
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International.
DEV.BG, a platform for IT professionals in Bulgaria, has released its updated ranking of the largest employers in the technology sector
The IT industry in Bulgaria is set to end 2024 without any growth in employment numbers and with decreasing revenue growth
There are currently 44,000 job vacancies nationwide for September, indicating a slowing labor market in Bulgaria
Bulgaria's labor market is undergoing significant shifts, with a dwindling availability of unqualified workers emerging as a new concern, according to Hristiyan Petkov, operations manager of "JobTiger," BTA reported
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
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