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Who wants a free market? Bulgaria postpones wholesale electricity market liberalization

Who wants a free market? Bulgaria postpones wholesale electricity market liberalization

Meanwhile, households will have missed the optimum moment for liberalization because electricity prices are currently at their lowest


Bulgaria has utilized only 4% of European funds since 2021

Bulgaria has utilized only 4% of European funds since 2021

For the first time since joining the EU, Bulgaria has got along with almost no European funding for several years


The week: How hard is it to buy trains?

The week: How hard is it to buy trains?

The train won't be coming, The free electricity market neither, And the new Constitution is a mess


Jun Young-Jun, CEO of Hyundai E&C: We Will Engage 10,000 Workers for the New Reactors at the Kozloduy NPP

Jun Young-Jun, CEO of Hyundai E&C: We Will Engage 10,000 Workers for the New Reactors at the Kozloduy NPP

"Securing competitive financing will be crucial for the success of the project," says the CEO of the Korean company in an interview


Dronamics, Bulgaria’s first drone airline

Dronamics, Bulgaria’s first drone airline

The Bulgarian startup recently secured an equity investment of 10 million euro from the EIC


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


Smart Organic to open new 16 million lev factory in April

Smart Organic to open new 16 million lev factory in April

The facility near Sofia will have the capacity to produce 300 million lev worth of organic food per year


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.


The week: Entering the euro - what's love got to do with it

The week: Entering the euro - what's love got to do with it

Trust and the Euro, How to make money disappear, Customs in disarray


How the Half-Baked Constitutional Changes Brought Back GERB

How the Half-Baked Constitutional Changes Brought Back GERB

And Other Problems with the Upcoming Early Vote


How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

Turkstream used offshore companies and the financial capacity of Gazprombank


Top 25 agricultural machinery dealers increase revenue by a third in 2022

Top 25 agricultural machinery dealers increase revenue by a third in 2022

All the importers in the top 25 have registered a profitable year


Startup recap: What’s new in the local ecosystem

Startup recap: What’s new in the local ecosystem

Here’s everything that happened in the first months of 2024


DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested


Who will be the next Patriarch and why it matters

Who will be the next Patriarch and why it matters

The Bulgarian Orthodox Church controls a vast number of properties and hundreds of millions of levs, but most importantly - exerts influence over millions of laymen


The week: The trick with the migrant scare

The week: The trick with the migrant scare

Don’t let the news fool you, How flat should a tax be, and a Bishop dreams of heading the Church


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


Fertilizers remain vulnerable to the impact of the Ukraine war, trade restrictions

Fertilizers remain vulnerable to the impact of the Ukraine war, trade restrictions

Prices fall from record highs but stay steadily elevated