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The week: Drained to zero

The week: Drained to zero

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


Team-GPT: Sofia to Silicon Valley in less than a year

Team-GPT: Sofia to Silicon Valley in less than a year

The Bulgarian startup just raised 4.5 million dollars from American and British investors and is currently valued at 17.5 million dollars


K100 2024: Stagnation after the boom for Bulgaria’s largest firms

K100 2024: Stagnation after the boom for Bulgaria’s largest firms

The new annual edition of Capital 100 ranking shows that the revenues of the top 100 companies shrank by 14% last year after the boom in the energy sector in 2022. The star businesses of 2023 are arms, cars and solar



The week: Water under the mountain

The week: Water under the mountain

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



Bulgargaz is technically bankrupt. What’s next?

Bulgargaz is technically bankrupt. What’s next?

The state-owned gas monopoly’s market share is declining and it is experiencing major financial losses



OnlineMashini.bg: From one-man platform to own warehouse for 15 million levs

OnlineMashini.bg: From one-man platform to own warehouse for 15 million levs

The online trader of tools and machines projects 30% sales growth in 2024


The week: Schengen on the horizon

The week: Schengen on the horizon

Good news, at last, The regional divide grows bigger, Bulgargaz is bankrupt


Payhawk doubles revenues, but also reports significant loss

Payhawk doubles revenues, but also reports significant loss

Revenues for 2023 have grown to 12.6 million euros, but the negative financial result swells to almost 35 million euro


Chinese platforms Shein and Temu hit Bulgarian traders

Chinese platforms Shein and Temu hit Bulgarian traders

Second-hand goods stores report 15% drop in sales, shut down outlets



Lukoil: outbidding Bulgarian business is just starting

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



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

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%


The Week: Has the "Peevski spell" been broken, Business climate turns sour, Sofia bans dirty cars

The Week: Has the "Peevski spell" been broken, Business climate turns sour, Sofia bans dirty cars

K Insights Newsletter 01/11


Clean business: Septona plant in Ruse expands on back of surge in demand

Clean business: Septona plant in Ruse expands on back of surge in demand

Greek manufacturer of hygiene products like make-up pads and shower gels invests 40 million levs in new buildings and machinery



France’s Air Liquide to invest 100 million euro in Bulgaria and Germany

France’s Air Liquide to invest 100 million euro in Bulgaria and Germany

The bulk of the funds will go to a new air separation unit in the town of Pirdop, pushing capacity for industrial gases up 10%