Financial Times is Opening a Technology Centre in Sofia
Varna, Bulgaria -
Financial Times, one of the world's most esteemed global business publications with record paying readership of 910,000, is planning to open a cutting-edge technology facility in Sofia later this year. The new premises will house their FT Core technology team responsible for maintaining the award-winning FT.com website's internal systems.
The FT Core team supports a comprehensive portfolio of platforms, including online subscription software, distribution of print media and content publishing. The data ware house platform, which provides unique customer data intelligence and fosters the analytical mind culture of the brand, lies at the core of the company's work process and strategy.
FT has reportedly chosen Bulgaria's capital for the location, convenient access to the London headquarters of the company, and the abundance of local tech talent to aid the team and company growth.
The Centre will create close to 100 job positions within the next 12 months, with a particular focus on software engineers, business analysts, and project and product management specialists.
FT will partner up with the Sofia-based Bulgarian consulting firm Xoomworks using the Build, Operate, Transfer (BOT) project financing model. FT is expected to take over the new technology centre within 2 to 5 years.