April 10 (SeeNews) - Bulgaria's government said on Wednesday that the World Bank's new shared services centre in Sofia will launch operations in July, reaching its full capacity of over 300 employees within a five-year period.
The government approved a draft agreement with the World Bank to support the financial institution in establishing the centre, the government's press office said in a statement.
The new centre will serve the World Bank's accounting, HR, IT and other needs and will complement an existing World Bank Group shared services centre in India engaged in identical activities.