Software Group signed an €18m loan with the European Investment Bank (EIB). EIB receives over 2,000 applications per year and selects to support only 1-2% across all of Europe. Software Group is the first such investment in Bulgaria that has passed the rigorous due diligence process and has become a showcase deal for the country. This non-dilutive capital will be used for additional innovations, R&D and marketing.
Read the complete press release here.