NEK’s new batteries

The state energy company will upgrade its portfolio with energy storage systems for several hydropower plants, and part of the financing has been secured

Mortgage lending boosts Bulgarian banks’ 2024 profit to 3.7 bln levs

DSK, Unicredit Bulbank lead the ranking with nearly a billion levs in profit each

Who remains in the race for Lukoil’s Bulgarian business

The Russian oil giant narrows the list of candidates, strong contenders include Azerbaijan’s SOCAR, Hungary’s MOL and possibly Turkey’s Cengiz

You scream, I scream, but no ice cream: Unilever abandons Bulgarian production plant

The second biggest ice cream producer shuts doors

Day in 3 news: PM pledges budget with 3% deficit; Bank profits boom in 2024; Extension to Hemus approved

The day in 3 news: Joint Governance Council mulls 2025 Budget; Fertilizers struggle amid agricultural woes; Burgas vies to be European Capital of Culture 2032

Aurubis Bulgaria's profit rises to 392 million levs in FY 23/24

The financial results were expected, as the plant did not shut down for scheduled maintenance

Bulgaria's new factories for 2024: How has the industrial landscape changed

Amongst a sharp dip in investments during 2024 there have been a few that have also withdrawn entirely from the country

Day in 3 news: Green ticket system appears to cut air pollution; Allianz trades bonds on the stock exchange; Lidl funds civil projects

Mining sector targeted with a new tax in an attempt to fill budget holes

The finance ministry has proposed changes to the law on underground resources to raise revenues by BGN 900 million a year

Mondi suddenly bids farewell to Bulgaria

The UK group is closing its paper mill in the town of Stamboliyski, sale is still an option

Oscar-El expands production facilities to handle new large projects

The Bulgarian company will invest 4 million levs to boost its capacity for electrical panels by 40%

The week: The budget debacle, BETL sink, Schengen opens, GNR to play in Sofia

K Insights 13/12

The day in 3 news: Tax amnesty plan with BDB raises questions; Full Schengen entry for Bulgaria and Romania; Metal sector revenue falls but profit margins nudge up

The day in 3 news: Syria’s regime change greeted with caution; Aurubis Bulgaria sees profit growth for 2023/24; Avtomagistrali wins new contract without open tenders

Data and people, or how Solvay Sodi is going digital

The ash soda plant in Devnya, winner of the Factory of the Year contest, is transforming the way it works to remain a market leader

The day in 3 news: Gov’t funds employee training with 37 mln. euro; House of Strawberries sold for 8 mln. euro; Independent Bulgarian Energy Exchange buys former UBB HQ for 6 mln. euro

The week: A map of industrial brilliance

Factory of the Year is Solvay, Bulgaria loses some European money, How to destroy a 2000-year-old Basilica

BETL: Bulgaria’s newest financial pyramid

A British company promises fabulous profits by renting out batteries to charge phones. More than 12 thousand Bulgarians have already invested in the scheme

Day in 3 News: Natural disasters increase by 50% in 2023; Budget deficit contracts by 1.9%; Record electricity imports and prices in November