The Financial Times Opened an Office in Sofia

The Financial Times opened an office in Sofia. It is expected by the end of the year to hire 130 employees, who will be responsible for engineering, development, design and economic analysis, announced Sofia Municipality.

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

The event was attended by Kate O'Riordan, chief product and information director at FT, who spoke about the choice of Sofia:

"We looked at various possible locations for this office - in Asia, Europe and the UK before we stopped for Bulgaria. The long 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. Our teams in Sofia are the engine in the main areas. 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.''

As a media, we are digital oriented. Over ¾ of our readers are subscribers to our digital platform, and Sofia will play a central role in achieving growth in this direction, " said Kate O'Riordan.

Educational initiatives are also part of the editorial policy of the world.

"FT has educational initiatives for high school students to provide free access to the publication. This is how we raise the next...