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A month without Borissov: something is rotten in the state of Bulgaria

A month without Borissov: something is rotten in the state of Bulgaria

State bank funding oligarchs, state firms funnelling billions into cartels and secret services loyal to the party rather than the state - these are just part of GERB’s corrupt legacy


Banking is going through a fundamental transformation

Banking is going through a fundamental transformation

Banks need to shift to customer-specific approach, the head of the EIB representation for Bulgaria Teodor Radonov tells Kapital Insights



Bulgaria’s tax agency goes after big firms

Bulgaria’s tax agency goes after big firms

Caretaker Finance Minister Assen Vassilev has said his team will look into the dealings of all firms that benefited significantly from public procurement and subsidies from the previous government




Bulgarian-founded fintech startup valued at $80m

Bulgarian-founded fintech startup valued at $80m

US-based QED Investors led the largest Series A funding round so far for a Bulgarian startup - 32m levs


Gifts to The Wolf from Borissov’s third cabinet

Gifts to The Wolf from Borissov’s third cabinet

A concessionaire gets an allowance instead of a penalty, a hotel is speedily being constructed with no documents, and a firm with 150 mln levs in debt is sold for 100 levs


Borissov shows-up, a farmer speaks-up and what can you do with 12 tons of dates

Borissov shows-up, a farmer speaks-up and what can you do with 12 tons of dates

A new government: big plans and little time; cartels in agriculture; why we're still dependent on Russia



A price shock for industry

A price shock for industry

The Prices of raw materials and energy goods like steel, aluminum, and CO2 quotas rose significantly in just six months


Construction business: the largest builder in Bulgaria

Construction business: the largest builder in Bulgaria

How Veliko Zhelev turned his Hidrostroy company into an empire


Bulgarian banks weather stormy year in 2020

Bulgarian banks weather stormy year in 2020

The financial sector got a reprieve for the coronavirus crisis but risks are yet to come in 2021



Bulpros: Bulgaria’s third-biggest M&A deal in IT

Bulpros: Bulgaria’s third-biggest M&A deal in IT

The largest locally-owned software company Bulpros is to merge with German partner ec4u and become majority-owned by European fund Silverfleet Capital


Bulgaria’s biggest fintech deals

Bulgaria’s biggest fintech deals

Fintech companies’ strong growth draws interest from investors and VC funds


Why we love the EU and pretend not to like Moscow; the two most endangered sectors in Bulgaria

Why we love the EU and pretend not to like Moscow; the two most endangered sectors in Bulgaria

K Insights 26/03: A lot of love for Brussels, a fraught relationship with Moscow and a snub from Beijing