EBRD Launches Tech Sofia Hub to Boost Digital Innovation in Bulgaria
The European Bank for Reconstruction and Development (EBRD) has officially opened its Tech Sofia Hub, a new technology center in Bulgaria’s capital designed to support the bank’s operations and accelerate digital innovation across the country.
The hub, which became operational in June 2026, represents a significant deepening of the EBRD’s partnership with Bulgaria. It will serve as a center for technology development, digital transformation projects, and operational support for the bank’s growing portfolio of investments in the region.
“The Tech Sofia Hub reflects our commitment to Bulgaria’s digital future and our confidence in the country’s growing technology ecosystem,” EBRD representatives said at the launch. The facility is expected to create skilled technology jobs in Sofia and strengthen the city’s position as an emerging tech hub in Southeast Europe.
The launch comes at a time when Bulgaria’s technology sector is experiencing rapid growth, with increasing numbers of startups, IT service companies, and digital innovation centers establishing operations in Sofia and other major cities. The country’s competitive cost of living, strong technical education tradition, and EU membership have made it an attractive destination for technology investment.
The EBRD’s Tech Sofia Hub is expected to collaborate with local universities, tech companies, and government agencies to promote digital skills development and support Bulgaria’s transition to a knowledge-based economy. The initiative aligns with broader European efforts to boost digital competitiveness and reduce the innovation gap between Western and Eastern Europe.
Bulgaria’s business community has welcomed the announcement, noting that the presence of a major international technology center will help attract further investment and talent to the country’s tech sector. The hub is seen as a vote of confidence in Bulgaria’s potential to become a regional leader in digital innovation.
The EBRD has been one of the largest institutional investors in Bulgaria since the country’s transition to a market economy, with cumulative investments exceeding several billion euros across sectors including infrastructure, energy, and financial services.