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Online Gambling Business’ Revenue Tops One Billion Levs

Online Gambling Business’ Revenue Tops One Billion Levs

Internet betting grew by 12% in 2023. Lower taxation of offline betting creates a new market niche.


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


The week: The Roadmap to Russian energy serfdom

The week: The Roadmap to Russian energy serfdom

How GERB sold out to Putin (before the war), Rotation stuck and who designs Beyonce’s clothes in BG


Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria

Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria

Residents of the villages of Sbor and Apriltsi in the Pazardzhik region claim that their lands have been expropriated by a company owned by Ginka Varbakova. There are also more than 20 complaints filed with the prosecution.


DIY chains: another boom in sales

DIY chains: another boom in sales

Bulgaria’s top five retailers project further revenue growth in 2023 after a strong 2022


Austria’s Borealis to buy plastic bag recycler in Bulgaria

Austria’s Borealis to buy plastic bag recycler in Bulgaria

Integra Plastics operates a recycling plant near Sofia built by sunflower oil producer Oliva as a unique facility in the region


Sofia expanding with two new residential and commercial areas opposite the Business Park

Sofia expanding with two new residential and commercial areas opposite the Business Park

Owners of restituted land situated in green spaces in existing neigbourhoods will be able to construct residential and office buildings in specially designated new zones


The week: A second private border?

The week: A second private border?

A private Schengen, Elections loom again, How hard is it to buy trains



The rotation is coming: What’s next for the (non)coalition?

The rotation is coming: What’s next for the (non)coalition?

Despite shakeups, it appears that "the assemblage" of GERB and WCC-DB, backed by MRF, will soldier on after 6 March - with some slight recalibrations


Eberspächer to double production volume in Bulgaria’s Ruse in 2024

Eberspächer to double production volume in Bulgaria’s Ruse in 2024

The German company dismissed media reports that it was closing down and selling its automotive parts plant to Austria’s GG Group


The week: Beware the Greeks

The week: Beware the Greeks

Bulgaria and the Greek energy miracle, UK nukes and US nuclear power, Bansko's future


UK-based Juniper Education acquires Bulgaria’s Shkolo

UK-based Juniper Education acquires Bulgaria’s Shkolo

The educational management platform will continue to operate independently


An (un)holy audit

An (un)holy audit

A rare financial inspection by the Revenue agency created consternation within the Bulgarian Orthodox Church


Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Global events hit the financial performance of public companies, shrink factory production and effectively cut down state revenue


Bulgaria’s new factories in 2023: Part II (The North)

Bulgaria’s new factories in 2023: Part II (The North)

Compared to previous years, projects are now equally distributed between southern and northern Bulgaria.


Glass maker Rubin invests more than 210 million levs in large-scale modernization project

Glass maker Rubin invests more than 210 million levs in large-scale modernization project

The Pleven-based plant already has two new furnaces and is building a third one in a bid to attract large Western customers


Top Livestock Producers: Riding the Wave of Soaring Prices

Top Livestock Producers: Riding the Wave of Soaring Prices

Last year brought a surge in output and prices


Bulgaria’s new factories in 2023: Part I (The South)

Bulgaria’s new factories in 2023: Part I (The South)

The value of the 15 biggest projects in the industrial sector reached BGN 4.4 bln in 2023


A smuggler for a day: how migrants pass through Bulgaria

A smuggler for a day: how migrants pass through Bulgaria

The story of a driver who transported refugees via the black market in Telegram