Financial Times opened an office in Sofia

The President of BCCI Tsvetan Simeonov attended the official opening of the Sofia office of the prestigious business media Financial Times (FT).

"The choice of Sofia by one of the most prestigious business media in the world means great trust and opportunities," Yordanka Fandakova, Mayor of Sofia, said at the opening.

By the end of the year, the office is expected to hire 130 employees who will be responsible for engineering, development, design and economic analysis.

Cait O'Riordan, Chief Product and Information Officer at the FT spoke about the choice of Sofia: "We looked at various possible locations for this office - in Asia, Europe and the UK before we decided on Bulgaria. The reputation of Sofia as a technology center, along with the development of the data industries, artificial intelligence, the renaissance as the capital of technology in the Balkans Sofia - all make your city an irresistible destination for such an investment. We continue to invest in Sofia - we intend to expand our business here by creating a new team that will work for FT's specialized editions. We hoped the city would provide us with talented people who would help us transform FT. Reality exceeded our expectations. Your dedication and energy are extremely exciting and I am happy to see what else we can achieve together.''

Tsvetan Simeonov congratulated Mrs. O'Riordan for choosing Sofia as the home of the new FT office and invited her to visit the Chamber to get acquainted with the opportunities of Bulgarian business.

Sofia ranks 28^th out of a total of 283 European regions included in the index for jobs requiring intellectual activity. In 2018, Sofia took the 18^th place out of 400 world-wide regions with a high command of English, which is also important for attracting international companies to the capital.