Balgarianovinite.com In the era of artificial intelligence, it will not necessarily be those with the best ideas who succeed, but those who act the fastest and build the strongest partnerships. Today, we are not just talking about technology, but about how businesses can expand into international markets more quickly, more efficiently, and with less risk thanks to artificial intelligence, said Deputy Minister of Innovation and Growth Borislav Bankov on Wednesday at the opening of a forum, titled “AI-Driven Growth: Expanding Business Internationally in AI Era”.
The event is organized by the Norwegian-Bulgarian Chamber of Commerce, Sofia Tech Park, the Big Data for a Smart Society Institute (GATE), and other partners.
“The question is no longer whether artificial intelligence will transform economies, but which countries and companies will succeed in turning this potential into real scale,” he added, noting that Bulgaria and Norway have the potential for strategic partnership. Bankov highlighted the upcoming construction in Bulgaria of the AI factory BRAIN++, which will provide high-performance computing resources and integrated services for research and development.
“Norwegian and other foreign companies and research organizations will be able to rely on it as a reliable gateway to the innovation ecosystem of Central and Eastern Europe,” he said.
Bankov said that Bulgaria is developing a comprehensive financial architecture covering all stages of the innovation cycle – from early-stage research support, through the phases of validation and market deployment, to scaling instruments.
“The Technology Transfer Fund will complement this ecosystem by directing investments into high-tech areas such as artificial intelligence, space, defence and dual-use technologies, as well as deep tech. The goal is clear – to ensure that companies have consistent access to resources from idea to international expansion,” he added.
Bankov said that Norway is a natural partner for Bulgaria, given the high degree of complementarity between the economic profiles of the two countries. “The Norwegian economy is characterized by strong industrial sectors supported by significant capital resources, while Bulgaria offers highly qualified technological human capital, competitive development teams, and a dynamically developing entrepreneurial ecosystem. It is precisely in this combination that the potential for joint projects, investments, and entry into new markets lies,” said Deputy Minister Bankov.
The event was also attended by representatives of institutions, the academic community, AI and ICT clusters, and others. Bulgaria and Norway Have Potential for Strategic Partnership – Deputy Minister 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-04-22 15:12:08 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law