The day in 3 news: 10% domestic electricity price hike likely in New Year; Sarafov stirs tensions with political moves; Mining sector rails against tax change

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

K Insights 13/12

The day in 3 news: Tax amnesty plan with BDB raises questions; Full Schengen entry for Bulgaria and Romania; Metal sector revenue falls but profit margins nudge up

State bets on 2.8% economic growth and lower wage increases in 2025

Public spending will underpin higher growth rates, private consumption will slow down

The day in 3 news: 2025 Draft Budget: A risky path forward; Threat to halt gas transit for Gazprom over debt; Proposed VAT changes for property sales

Day in 3 News: Parliament breaks deadlock, elects Natalia Kiselova as speaker; State bets on 2.8% growth, lower wage increase in 2025; 10% planned rise in social security contribution

The week: A map of industrial brilliance

Factory of the Year is Solvay, Bulgaria loses some European money, How to destroy a 2000-year-old Basilica

Day in 3 News: Natural disasters increase by 50% in 2023; Budget deficit contracts by 1.9%; Record electricity imports and prices in November

The week: Drained to zero

Bulgaria loves a scam, Big trouble brews for TurkStream and a Romanian Tik-Tok warning

The week: Water under the mountain

We destroyed the largest battery we had, Why Bulgaria is stuck, A tax amnesty on the horizon

Bulgaria’s 2025 Budget: We Have a Problem

Instead of voting for more populism-driven spending, parliament has to consider unpopular measures to tighten state finances

Day in 3 news: No new taxes, but a tax amnesty; Bulgaria ranks last for part-time work; Borissov wants talks with WCC-DB but is unhappy

Lukoil: outbidding Bulgarian business is just starting

More than a dozen contestants, including KazMunayGas, Socar and MOLD, still vie for the future of the Russian group's assets in the country

30 years of BNP Paribas in Bulgaria: A Journey of Growth and Innovation*

From key investments to digital transformation, BNP Paribas marks three decades of success in Bulgaria.

Circumventing the "natural crossroad": Sofia is losing the fight for Corridor 8

Bulgaria’s abdication regarding its international affairs will soon make it obsolete and isolated

A USD 370 million injection kickstarts new Kozloduy NPP units design

The process starts with a techno-economic analysis to be ready by the end of 2025, which ought to be followed by Parliament’s decision on actual construction

Day in 3 News: Vitosha factory site will be apartment complex; Labor market stagnates; End of year spending must be curbed for Eurozone goals

Revenues of companies in Bulgaria shrink 1% to 608 billion levs in 2023 - NRA

The drop of the revenue of the 100 largest companies in the Capital Weekly’s annual ranking exceeds 14%

Day in 3 news: "Only" 8 parties in parliament after Velichie miss threshold; Bulgartransgaz records 200% revenue growth; Changes to tax laws enter parliament in November

Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Income growth in Bulgaria outpaces labor productivity by far, signaling the end of the low-cost labor model