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Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Finance ministry targets 3.2% GDP growth, sees inflation at 4.8%


The biggest construction companies: boom in real estate, slump in road building

The biggest construction companies: boom in real estate, slump in road building

The top 40 companies have an average revenue growth of just 4%, unlike all other thriving sectors


Bulgaria’s least indebted 50 companies in 2022

Bulgaria’s least indebted 50 companies in 2022

The average debt-to-asset ratio remains near 50%, narrowing slightly


How 400 million levs in uncollected fines contribute to Bulgaria’s road carnage

How 400 million levs in uncollected fines contribute to Bulgaria’s road carnage

The lack of control and sanctions to enforce the right-of-way for pedestrians at crosswalks lead to less revenue for the state - and more casualties



The blockade of the Danube Bridge

The blockade of the Danube Bridge

The estimated value of the repairs is BGN 21 million and will take 2 years to finish. Meanwhile, there is no alternative route


The week: The worst-case post-election scenario, a sock company leaves, Bulgarian football rulers refuse to

The week: The worst-case post-election scenario, a sock company leaves, Bulgarian football rulers refuse to

K Insights newsletter 30/04


What happened to Bulgaria’s largest builder?

What happened to Bulgaria’s largest builder?

Veliko Zhelev, the boss of infrastructure giant Hirdrostroy, was briefly arrested last week for harassing an employee. Is there more to this story than meets the eye?


The week: The sheriff is in town, where does all the asphalt go, and Telus won’t tell on us anymore

The week: The sheriff is in town, where does all the asphalt go, and Telus won’t tell on us anymore

A thunder in the sky of dust




Gabrovo continues to promise good yields from properties

Gabrovo continues to promise good yields from properties

There are deals with one-bedroom apartments for renovation for about 70,000 BGN in the city center and about 55,000 BGN in the neighborhoods. However, the supply is very limited and is mostly socialist-era housing


The week: From Ruse to Sofia, or why elections might not be all that important

The week: From Ruse to Sofia, or why elections might not be all that important

Another election looms, Lukoil and Nexo lurch to fresh crisis and Ruse has some things going for it


Radev’s revenge, the looming deficit and a frog

Radev’s revenge, the looming deficit and a frog

Reality is back with a vengeance, GDP keeps growing, and our Real Estate report is out


Budget 2023: red lights everywhere

Budget 2023: red lights everywhere

The next government will have several options: raising taxes, increasing the deficit and debt, or reforming spending


Chaira Pumped Storage Hydro Power Plant: the long story behind an accident

Chaira Pumped Storage Hydro Power Plant: the long story behind an accident

The plant is the largest pumped storage facility in the region




The week: "Year Zero" for anti-corruption, new cabinet or new elections, the quick end of the Gemcorp memorandum

The week: "Year Zero" for anti-corruption, new cabinet or new elections, the quick end of the Gemcorp memorandum

Captured state fights back, gas storage slowly fills up and a skyscraper that is not