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Failed investor in Bulgaria, Next.e.GO, files for bankruptcy

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

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.



Austrian paper trader intends to buy a Plovdiv-based company for advertising materials

Austrian paper trader intends to buy a Plovdiv-based company for advertising materials

Europapier’s Bulgarian subsidiary is awaiting anti-trust approval to acquire Micro Asu


Rotation still on? Gabriel presents Radev with a fulfilled mandate, but WCC-DB remain silent

Rotation still on? Gabriel presents Radev with a fulfilled mandate, but WCC-DB remain silent

After 36 hours of uncertainty, GERB bids to wrest key ministries from WCC-DB


Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria

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.


Euphoria Fading on Bulgaria's Housing Market

Euphoria Fading on Bulgaria's Housing Market

After peaking in 2021-2022, transactions and, construction permits are now declining, and price growth is slowing down


Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.


Bulgarian-American LucidLink raises 75 million dollars

Bulgarian-American LucidLink raises 75 million dollars

Local fund BrightCap was the first ever investor in the company, which has already attracted 115 million dollars funding in total


Packaging giant Smurfit Kappa to acquire third plant in Bulgaria

Packaging giant Smurfit Kappa to acquire third plant in Bulgaria

The Irish company will buy a part of the business of Shumen-based Artemis



Local elections, round 1: GERB loses Sofia, keeps Burgas and draws in Plovdiv and Varna

Local elections, round 1: GERB loses Sofia, keeps Burgas and draws in Plovdiv and Varna

The ballot was marred by a fabricated scandal that eliminated machine voting



A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

Two years after the arrival of Russian oligarch’s son Anton Zingarevich, the finances of the leading Plovdiv football club in Plovdiv are a mystery


Is Constitutional reform still-born?

Is Constitutional reform still-born?

WCC-DB successfully involved their non-coalition partners from GERB and MRF in their bid to mend the judiciary, but the process has barely started - and can be torpedoed at any point


Geshev officially enters politics, while War of Prosecution Succession wages

Geshev officially enters politics, while War of Prosecution Succession wages

Justice Minister, judges and NGOs protest against Borislav Sarafov’s appointment


The week: No one wants to work in the government, Geshev is finally out, and tons of water are in

The week: No one wants to work in the government, Geshev is finally out, and tons of water are in

K Insights newsletter 16/06


Supreme judges oust Prosecutor General Ivan Geshev

Supreme judges oust Prosecutor General Ivan Geshev

After ignoring much more serious allegations for two years, the SJC hastily dismissed Geshev on Monday evening over the term "political trash"


Andrius Biceika, Revolut: Sofia ranks 8th in our Top 10 Cities by Users

Andrius Biceika, Revolut: Sofia ranks 8th in our Top 10 Cities by Users

The deputy CEO of the fintech giant will participate in the Capital Fintech and Insurtech Summit conference


Bulsatcom deal shatters peace in Bulgarian telecom market

Bulsatcom deal shatters peace in Bulgarian telecom market

The competition authority must decide whether Vivacom is gaining too much control over the market after financing the purchase of the pay-TV operator