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Bulgaria has utilized only 4% of European funds since 2021
For the first time since joining the EU, Bulgaria has got along with almost no European funding for several years
The week: How hard is it to buy trains?
The train won't be coming, The free electricity market neither, And the new Constitution is a mess
Dronamics, Bulgaria’s first drone airline
The Bulgarian startup recently secured an equity investment of 10 million euro from the EIC
Failed investor in Bulgaria, Next.e.GO, files for bankruptcy
The German startup planned to build a 140 million euro electric vehicle plant in the city of Lovech
Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project
A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.
Who is who in the Glavchev cabinet and what comes next
The caretaker gov’t is dominated by GERB and MRF cadres, which are bound to restore the status quo
How the Half-Baked Constitutional Changes Brought Back GERB
And Other Problems with the Upcoming Early Vote
How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company
Turkstream used offshore companies and the financial capacity of Gazprombank
Top 25 agricultural machinery dealers increase revenue by a third in 2022
All the importers in the top 25 have registered a profitable year
The week: No country for the old
The young have made it through, The rotation is now a centrifuge, Bulgarian football goes for old
DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends
Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested
Online Gambling Business’ Revenue Tops One Billion Levs
Internet betting grew by 12% in 2023. Lower taxation of offline betting creates a new market niche.
How GERB built Putin a pipeline, part I: the Roadmap to circumvent the law (and Ukraine)
A new data leak exposes how the Borissov-3 gov’t facilitated the construction of the TurkStream pipeline across Bulgaria against the country’s own interests and EU procurement rules
Fertilizers remain vulnerable to the impact of the Ukraine war, trade restrictions
Prices fall from record highs but stay steadily elevated
The week: The Roadmap to Russian energy serfdom
How GERB sold out to Putin (before the war), Rotation stuck and who designs Beyonce’s clothes in BG
Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria
Residents of the villages of Sbor and Apriltsi in the Pazardzhik region claim that their lands have been expropriated by a company owned by Ginka Varbakova. There are also more than 20 complaints filed with the prosecution.
Fruit and vegetables: Top firms’ incomes rise, yet problems remain
In 2022, the total revenues of the 10 largest companies in the sector exceeded 95 million levs
The week: What a Big Mac can tell us about the future of Sofia
Sofia gets really expensive, Peevski gets a post, and Real Estate keeps booming
The Notary vs. the Euro: the Judicial Pandora’s box
The assassination of influence peddler Martin Bozhanov exposed the rotten core of the Bulgarian prosecution and might cause a civil war within it