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Lukoil: outbidding Bulgarian business is just starting

Lukoil: outbidding Bulgarian business is just starting

More than a dozen contestants, including KazMunayGas, Socar and MOLD, still vie for the future of the Russian group's assets in the country


A USD 370 million injection kickstarts new Kozloduy NPP units design

A USD 370 million injection kickstarts new Kozloduy NPP units design

The process starts with a techno-economic analysis to be ready by the end of 2025, which ought to be followed by Parliament’s decision on actual construction


The Week: Has the "Peevski spell" been broken, Business climate turns sour, Sofia bans dirty cars

The Week: Has the "Peevski spell" been broken, Business climate turns sour, Sofia bans dirty cars

K Insights Newsletter 01/11


Seventh vote, eight* parties, little chance of a stable gov’t

Seventh vote, eight* parties, little chance of a stable gov’t

The 27 October early national election produced few surprises and the most fragmented parliament in Bulgarian history, but is unlikely to herald a stable outcome


Elections #7: The only campaign is the parallel state one

Elections #7: The only campaign is the parallel state one

Parties are engaged in lackluster, almost absent electioneering, while the only real confrontation is between the two MRFs


Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun

Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun

Budget revenues are growing at a much slower pace than expenditures, while EU funds remain elusive for now


The week: Rocket men or how we are sabotaging ourselves

The week: Rocket men or how we are sabotaging ourselves

5 bln. euros down the drain, A Bulgarian military drone, and Peevski's list is out



Two Arab Bidders for United Group's Telecom Business

Two Arab Bidders for United Group's Telecom Business

Saudi Arabia's STC and UAE's e& have submitted indicative bids for all operators in the group, including Bulgaria’s Vivacom


Bulgaria's New Train Plans Derailed: Stadler Polska Quits Deals Worth Nearly 1 Billion Levs

Bulgaria's New Train Plans Derailed: Stadler Polska Quits Deals Worth Nearly 1 Billion Levs

The winner of two major tenders for rolling stock delivery withdraws from the procedure, while a third tender by the Ministry of Transport for rolling stock delivery has not yet begun


Payment inevitable: BOTAS demands its 4 billion levs from Bulgargaz

Payment inevitable: BOTAS demands its 4 billion levs from Bulgargaz

A leaked letter shows that the Turkish gas firm is adamant that it should keep collecting USD 500,000 a day without delivering gas


No gov’t with last mandate triggers seventh election in October

No gov’t with last mandate triggers seventh election in October

It is still uncertain whether President Radev will make an attempt to replace Dimitar Glavchev as PM


Parliament Begins Debates on the Euro Introduction Law. The New Target is July 1, 2025

Parliament Begins Debates on the Euro Introduction Law. The New Target is July 1, 2025

Deputies will require institutions to finalize technical preparations by March 2025 and approve all regulations by December 2024



PM Glavchev’s Caretaker Cabinet Acts to Preserve Coal Power Plants Until 2038

PM Glavchev’s Caretaker Cabinet Acts to Preserve Coal Power Plants Until 2038

Bulgaria is moving towards renegotiation of its Recovery and Resilience Plan, putting in jeopardy EU payments.


Germany’s Kayser opens car parts plant in Pleven

Germany’s Kayser opens car parts plant in Pleven

The company will invest 10 million euro in the manufacture of tube systems in a rented building