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Commerzbank to open IT hub in Sofia

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Commerzbank to open IT hub in Sofia

Commerzbank AG intends to set up an IT hub in Bulgaria's capital Sofia, the country's economy ministry said Dec. 5.

The hub will initially employ 400 highly qualified IT specialists and the number could increase to 600 in the future.

The ministry said it hopes that Commerzbank's plans will prompt other German companies to invest in Bulgaria.