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Economic Trends That Will Impact Bulgaria in 2024

Economic Trends That Will Impact Bulgaria in 2024

Four leading Bulgarian economists highlight the most significant trends of 2023.


Euphoria Fading on Bulgaria's Housing Market

Euphoria Fading on Bulgaria's Housing Market

After peaking in 2021-2022, transactions and, construction permits are now declining, and price growth is slowing down


Sensata Technologies Bulgaria is Factory of the Year 2023

Sensata Technologies Bulgaria is Factory of the Year 2023

WITTE Automotive wins prize for most innovative project in Capital’s competition


Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.



Bulgarian agriculture sector posts hefty profits in 2022

Bulgarian agriculture sector posts hefty profits in 2022

The war in Ukraine propelled global prices higher and Bulgarian companies benefited from the rise


Machines and equipment: Growth in high gear

Machines and equipment: Growth in high gear

The revenue of the top 70 manufacturers rose by 26% to over 15 billion levs in 2022


The week: Emperor Mihaylov lets Sofia burn

The week: Emperor Mihaylov lets Sofia burn

The 1989 of Bulgarian Football, Economy slows down, The ups&downs of Burgas


Bulgaria’s Ideal Standard - Vidima to become part of Germany’s Villeroy & Boch

Bulgaria’s Ideal Standard - Vidima to become part of Germany’s Villeroy & Boch

The transaction values Ideal Standard Group at 600 million euro and is expected to be completed in early 2024


Ficosota to invest 30 million euro in new bruschetta bakery

Ficosota to invest 30 million euro in new bruschetta bakery

The factory will start operating in 2025, pushing the annual sales of the product to 400 million levs


The week: The mystery of the Bulgarian housing market

The week: The mystery of the Bulgarian housing market

The (very) strange Bulgarian housing market, a not so strange election and a bag of coke


Bulgarian housing prices soar as Eurozone ones fall for the first time in years

Bulgarian housing prices soar as Eurozone ones fall for the first time in years

Records double-digit growth of prices fueled by a housing loan boom meets plummeting demand


Multi-speed EU: What could it mean for Bulgaria?

Multi-speed EU: What could it mean for Bulgaria?

Joining the Eurozone and Schengen becomes even more important for the country to benefit from expected EU reforms


Biggest companies in Bulgaria: state-owned energy giants are forever

Biggest companies in Bulgaria: state-owned energy giants are forever

The revenue of the 100 largest companies in Bulgaria has increased more than 5 times in two decades


New automotive investment projects score hattrick exceeding 100 million levs

New automotive investment projects score hattrick exceeding 100 million levs

Austria’s GG Group, Netherlands-based Nedschroef Holding and Germany’s Sulzer are launching operations in Bulgaria


The 50 most dynamic companies: Another burst of energy

The 50 most dynamic companies: Another burst of energy

Revenues of the fastest-growing large companies jumped by an average of 139% in 2022


The week: The case of the missing investments, (G)rain of protests, renewables boom

The week: The case of the missing investments, (G)rain of protests, renewables boom

How not to lose another decade



Smart Organic to move Naughty Nuts’ production operations to Bulgaria

Smart Organic to move Naughty Nuts’ production operations to Bulgaria

The Bulgarian bioproduct maker acquired the assets of the German nut-butter startup for 150,000 euro


Balkan Industrial Park to operate the first closed electricity distribution grid in Bulgaria

Balkan Industrial Park to operate the first closed electricity distribution grid in Bulgaria

A huge solar park in Lovech is intended to supply power to future investors