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Covid-19 strips 500m levs off Bulgaria’s clothing industry

Covid-19 strips 500m levs off Bulgaria’s clothing industry

Textile and apparel exports shrank to 4 billion levs in the pandemic year


Most Dynamic: Grain, Manufacturing, Road Construction

Most Dynamic: Grain, Manufacturing, Road Construction

The revenues of the 50 fastest growing companies increased by an average of 56% in 2019, with the largest companies growing particularly fast.


Energize yourself

Energize yourself

All companies in Bulgaria will buy electricity from the energy exchange from now on


Economic growth slips

Economic growth slips

Bulgaria’s economic growth slows to six-year low of 2.4% in the first quarter of 2020. Timid signs of recovery can already be seen but it is still too early for optimism


The words you need to know this month

The words you need to know this month


Bulgaria and the global slowdown

Bulgaria and the global slowdown

Some industries are already losing steam


No water to clean the garbage

No water to clean the garbage

Many Bulgarian towns live on water rationing and next to piles of imported waste because of intentional neglect by the authorities.


Export growth slows, yet value added grows

Export growth slows, yet value added grows

Bulgarian exports rose at a nominally disappointing annual rate in 2018 but goods sold abroad have become more specialized


What should Bulgaria expect from the euro?

What should Bulgaria expect from the euro?

It is now clear that euro zone membership has improved the economic performance of new member states


Retail chains: Wave of new growth

Retail chains: Wave of new growth

On average, retail sales grew 10% for a second year in a row in 2017, while profits rose by 24%


A year of record profits

A year of record profits

The profit of the top 100 companies was 35% higher compared to 2016.


Eight retail chains in Bulgaria post annual sales of over 100 mln levs each

Eight retail chains in Bulgaria post annual sales of over 100 mln levs each

The 30 biggest retailers in the sector of the fast moving goods boost sales by 11% in 2016, way ahead of overall market growth of 1.6%


A nine-billion levs business

A nine-billion levs business

The biggest retail chain in Bulgaria contributed 18% of the total turnover of the top 100 traders.


Fast Reads

Fast Reads


Textile and Apparel: Shortage of Hands amidst Plentiful Orders

Textile and Apparel: Shortage of Hands amidst Plentiful Orders

The revenues of the largest companies in the sector grew by 7%. Exports from the sector rose at the same rate to 3.86 billion levs with 30% generated by the top 20 firms.


Retailers: Almost All Report Higher Sales

Retailers: Almost All Report Higher Sales

Increased consumption is reflected in the sales of the retailers which grow over 10% in the top-30 group


Does Bulgaria have a post-Brexit economic policy?

Does Bulgaria have a post-Brexit economic policy?

Attempts to lure companies willing to leave the UK is not a top priority for Sofia