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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.


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%.


Rose oil is on its way to becoming a medicinal ingredient

Rose oil is on its way to becoming a medicinal ingredient

This will open up a new niche and market for the sector, which is currently feeling insecure and still risks damage from controversial European regulations


What will happen to Bulgaria’s oil market after derogation ends?

What will happen to Bulgaria’s oil market after derogation ends?

The debate is whether the derogation should end immediately or not


Bulgarian-American LucidLink raises 75 million dollars

Bulgarian-American LucidLink raises 75 million dollars

Local fund BrightCap was the first ever investor in the company, which has already attracted 115 million dollars funding in total


The week: The black-hole constellation

The week: The black-hole constellation

New mayors are in - money is out, who owns the Interior Minister and more chess champions


The end of fuel exports to Ukraine

The end of fuel exports to Ukraine

The Ukrainian authorities have blacklisted locations such as Burgas, Varna, Plovdiv and Byala. Since early November, the Insa Oil base in Belozem has also been included in the document


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


Local elections, round 2: Terziev in knife edge Sofia victory, GERB’s regional hegemony cracks

Local elections, round 2: Terziev in knife edge Sofia victory, GERB’s regional hegemony cracks

Record-low turnout, a very colorful picture across the country and a vengeful Borissov


The week: No country for new dogs

The week: No country for new dogs

What Plovdiv teaches us about Bulgaria, 50 Shades of grey money, and some horror (thankfully, on the screen)


Local elections, round 1: GERB loses Sofia, keeps Burgas and draws in Plovdiv and Varna

Local elections, round 1: GERB loses Sofia, keeps Burgas and draws in Plovdiv and Varna

The ballot was marred by a fabricated scandal that eliminated machine voting


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


The end of Barcelonagate? Borissov’s whitewashing continues as planned

The end of Barcelonagate? Borissov’s whitewashing continues as planned

Despite the change of leadership, the State Prosecution has buried one more high-profile case against a top brass politician


The week: A very sudden twist

The week: A very sudden twist

Slapping Russia in the face, Borissov is not corrupt, Open-air teaching gets a boost


Winter is coming: Bulgaria levies 10 euro per MWh tax on Russian gas transport and transit in Europe

Winter is coming: Bulgaria levies 10 euro per MWh tax on Russian gas transport and transit in Europe

Bulgaria adopts tariff on Russian gas that might see the price of Russian gas supplies soaring throughout Europe


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


The week: Bulgaria's coal reckoning - this is not the 80's

The week: Bulgaria's coal reckoning - this is not the 80's

Why Stara Zagora is no Yorkshire, what the hell is happening on the housing market and a Bright Mind


What’s next for the Constitutional changes?

What’s next for the Constitutional changes?

Judicial reform via the basic law has been one of the six priorities of the ruling majority - see where it is heading



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