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Bulgaria’s Informal Economy: 34.6% In the Shadows
More than half of the added value in sectors like hospitality, agriculture, and construction comes from undeclared income, according to a report by Kearney and Visa
Nestlé invests 44.2 million euro in KitKat chocolate bar production
The new line at the factory in Sofia produces 3 million pieces a day
"Europe" to Serbia: Highway through construction hell
The next section of the motorway to be finally completed is the one linking Sofia to Serbia’s Dimitrovgrad
A further surge in online retailers’ revenues
The top 10 e-commerce companies in Bulgaria saw a 27% rise in turnover in 2023
The week: Belgrade, Budapest and the perils of short-memory
Fires and revolutions in the Balkans; A 3 bln leva road, and VMware sheds a thousand workers
BRAIN++ and Bulgaria’s bid for AI relevancy
With funding from the state and the EU, INSAIT Sofia Tech Park will build a center that will give access to local businesses and administration for great computational power
The week: And justice for all?
The democratic facade comes crumbling down, an AI factory is coming, and hopefully, some trains at last
Economic growth surpasses expectations with 2.8% growth
Household consumption remains a driver, government spending also contributes
Energy connectivity is key to future security
Energy innovations and energy grid efficiency were discussed by energy ministers from Bulgaria, Azerbaijan, Moldova, Hungary, and the United Kingdom
You scream, I scream, but no ice cream: Unilever abandons Bulgarian production plant
The second biggest ice cream producer shuts doors
Bulgarian furniture output falls to 556 million dollars in 2023
Volume decreased 5% year on year and over 7% on 2021 amid contraction in consumption
From Football to AgriTech: Why Jota Peleteiro Chose Innovative Agriculture
The former Spanish professional footballer founded the company Groinn and developed an innovative device revolutionizing agriculture
2024: Bulgaria collapses as electricity exporter
The country has produced record amounts of solar electricity, but is losing market share and is increasingly less competitive due to sluggish reforms in the sector.