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Bulgarian EnduroSat raises 20M euros to accelerate its growth

Bulgarian EnduroSat raises 20M euros to accelerate its growth

The company expects serious revenue growth in 2024, says its founder Raycho Raychev


First Bulgarian IT deal of 2025: Codery acquires Devision

First Bulgarian IT deal of 2025: Codery acquires Devision

The two software companies will merge operations within a year





The week: The budget debacle, BETL sink, Schengen opens, GNR to play in Sofia

The week: The budget debacle, BETL sink, Schengen opens, GNR to play in Sofia

K Insights 13/12


Abu Dhabi’s e& acquires majority stake in Yettel, CETIN

Abu Dhabi’s e& acquires majority stake in Yettel, CETIN

Czech PPF retains 50% minus one share in Yettel-branded telcos but keeps 100% in Bulgarian media group bTV


BlackPeak Capital invests 8 million euros in Vratsa-based Intelligent Security Systems for a 42% stake

BlackPeak Capital invests 8 million euros in Vratsa-based Intelligent Security Systems for a 42% stake

The manufacturer of electromechanical components was founded 30 years ago and has 220 employees and 28 million levs in revenue


National Bank and FSC to sheriff crypto’s Wild West

National Bank and FSC to sheriff crypto’s Wild West

A new law on crypto-assets introduces regulation of the sector in the country, which will require the licensing of service providers



A Wolf Battue

A Wolf Battue

The Prosecutor's Office and the Anti-Corruption Commission go after Rumen "the Wolf" Gaitansky, Stoyan Mavrodiev - and potentially, Ahmed Dogan himself


The Historical Park inquiry: a 70 million levs scam and links to Russian intelligence

The Historical Park inquiry: a 70 million levs scam and links to Russian intelligence

The executive director of the park Ivelin Mihaylov worked with Putin’s Night Wolves, DANS claims


General Toshevo: wind park for 800 million levs in no man’s land

General Toshevo: wind park for 800 million levs in no man’s land

Bureaucracy and politics have put major wind energy investment on hold for years - until now


Grain trader Agrix to buy sunflower oil producer Olimex

Grain trader Agrix to buy sunflower oil producer Olimex

The transaction was approved by the antitrust body but has not been finalized yet


VOLT: time for a luxury taxi service in Sofia?

VOLT: time for a luxury taxi service in Sofia?

A new player enters the market with premium cars


How 16 billion lev capitalization vanished from the Bulgarian Stock Exchange

How 16 billion lev capitalization vanished from the Bulgarian Stock Exchange

The financial watchdog delisted Capital Concept for lack of reporting


The week: Who’s running the country?

The week: Who’s running the country?

Who is really in charge? Elections lurk on every corner and a pharmaceutical boom



How GERB built Putin a pipeline, part I: the Roadmap to circumvent the law (and Ukraine)

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


EnduroSat doubles sales in 2023

EnduroSat doubles sales in 2023

The Bulgarian nanosatellite producer expects to report some 27 million levs in revenue, new product to be launched soon