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1 billion levs for Bulgaria’s startups

1 billion levs for Bulgaria’s startups

VC funds will distribute more than 1.5 billion levs of public funds for equity investments in companies over the next five years



The week: Rumors of Bulgarian extinction are greatly exaggerated

The week: Rumors of Bulgarian extinction are greatly exaggerated

For once, good demographic news; gambling ban - better late than never and a big mining investment


K10: The Best Banks of 2023

K10: The Best Banks of 2023

UniCredit Bulbank again leads the Capital Weekly’s ranking of banks in Bulgaria, UBB is now the largest bank, DSK reports record profit


Festo expands engineering team with second location in Bulgaria

Festo expands engineering team with second location in Bulgaria

The new R&D center in Gabrovo has 14 specialists and plans to grow



The week: Why we no longer need EU cash

The week: Why we no longer need EU cash

Who needs Europe's money? Or a Foreign Minister? Kozloduy gets US nuclear fuel


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


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


Vitosha Venture Partners commits 1.5 million euros across 5 companies

Vitosha Venture Partners commits 1.5 million euros across 5 companies

The VC firm will focus on portfolio development and prepare for the launch of a new fund



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


Interview | Paschal Donohoe: It is still possible for Bulgaria to join the euro in 2025

Interview | Paschal Donohoe: It is still possible for Bulgaria to join the euro in 2025

Political stability and inflation are the two main challenges, says the President of the Eurogroup


The week: No country for the old

The week: No country for the old

The young have made it through, The rotation is now a centrifuge, Bulgarian football goes for old


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


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