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
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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
Financier Levon Hampartzumyan has forecast a gradual rise in loan interest rates in Bulgaria, noting that current levels are historically very low and cannot be sustained indefinitely.
The withdrawal of lev banknotes and coins is continuing in line with the approved schedule, although the pace of the process is expected to ease in the coming period
Bulgaria has officially launched the 2026 tax campaign for income earned in 2025, and early results show strong public engagement.
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Revenue from overnight stays in Bulgaria continued to rise at a solid pace at the end of 2025, with hotel income in December increasing by 12.5 percent on an annual basis
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