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Rose oil is on its way to becoming a medicinal ingredient
This will open up a new niche and market for the sector, which is currently feeling insecure and still risks damage from controversial European regulations
Bulgaria’s Ideal Standard - Vidima to become part of Germany’s Villeroy & Boch
The transaction values Ideal Standard Group at 600 million euro and is expected to be completed in early 2024
The week: More than one storm brewing in the Black Sea, Brussels’ pressure and TurkStream revelations
Bulgaria, where natural catastrophes meet ungovernability
A small victory in the battle to save rose oil
A working group in the EU Council removed a controversial clause that required the strict regulation of essential oils as chemicals, but the final text of the legislation still pends approval
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
Will the European Commission ban rose oil? Not really
A planned regulation on essential oils in the EU revived unjustified fears of yet another "European conspiracy" against a sensitive Bulgarian product
Another parliament bites the dust. What did it accomplish?
The 48th National Assembly will be remembered for the laws it failed to pass rather than for any meaningful breakthroughs
Schengen is shut, Bulgaria needs brain surgeon and which are the country’s biggest businesses
Gov’t mandate roulette kicks off, Boyko is the (old) Messi, K100 business ranking now in English
New investment values Bulgaria’s Payhawk at 570 million dollars
San Francisco-based Greenoaks provides half of the fresh funding of 112 million dollars
Smart Organic goes public: everything you need to know
The company will use the funds to acquire a German competitor and build a new production facility
Is State Capitalism Marching On?
Within a brief period, Bulgaria’s government has aggressively injected billions of levs into key sectors, and has effectively started nationalizing businesses
The Hospitable Sporting Nation
Still living off its faded sports glory, Bulgaria now dreams of hosting European and World Cup football championships, instead of investing in the development of sports