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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
The two software companies will merge operations within a year

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

Grain trader Agrix to buy sunflower oil producer Olimex
The transaction was approved by the antitrust body but has not been finalized yet


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