North Macedonia`s X Factor Accelerator will invest EUR 200 000 in two startups.
The construction works of the interconnector between Greece and Bulgaria continue on the territory of both countries.
In August 2020, preliminary construction works of a biomass heating plant will start in Priboj, Serbia. The construction will start in September.
A station for producing hydrogen fuel and for charging hydrogen-fueled vehicles was designed in the city of Sofia.
Microsoft Romania will open its fourth development center in the region.
The Czech company Ariete opened a new production and logistics base in Bulgaria. The factory is located in the town of Pazardzhik and will produce modules for the automotive industry.
The Ministry for Transport and Communications of North Macedonia provided over EUR 2.2 million to the Public Enterprise “Railways of RNM – Infrastructure”.
Sofia is one of the cities in the Tech Cities of the Future 2020/21 ranking, conducted by fDi Intelligence and the technical media The Next Web.
For the past decade many tech entrepreneurs have set up their companies in Serbia.
The data transfer and Internet access market continues to mark growth in 2019. The revenues rose by 12.5% to the amount of more than BGN 998 million.