Bulgaria's capital Sofia has a booming technology scene, a Forbes article has noted.
The piece has been published ahead of the Webit Festival due next week in Sofia.
The relocation of Webit from Istanbul to Sofia "is perfectly in line with the new ethos and the new dynamism of the booming technology scene of the capital, which someone called ‘the hidden startup champion of Europe'," the author, a freelance journalist contributing to Forbes on technology issues, opines.
Despite the good reputation of Bulgarian engineers and developers, Sofia's image of one of the top cities to launch a startup, and low income tax rate of 10%, the tech ecosystem of the city is "not a very well-known one".
Sofia News Agency