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Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020

Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020

Unsurprisingly, GDP shrank in the fourth quarter. Wages were up, exports made a surprising comeback in December, and deflation will return for a while



A post-COVID economy

A post-COVID economy

What comes after the ups and downs of the Bulgarian pandemic cycle in 2020


The loneliest summer

The loneliest summer

While small towns on the Bulgarian Black Sea coast enjoy the return of domestic tourists, large resorts traditionally relying on foreigner visitors look deserted


Bulgarian Stock Exchange: blue chips underperform broader market in H1

Bulgarian Stock Exchange: blue chips underperform broader market in H1

Investors find safe-haven in REITs


Machines and equipment: Pre-crisis growth

Machines and equipment: Pre-crisis growth

Capacity expansion boosted Bulgarian companies’ revenues last year but the slump in global automotive production will hit 2020 results


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


Bulgaria’s biggest companies post slower sales growth than regional peers in 2018

Bulgaria’s biggest companies post slower sales growth than regional peers in 2018

Oil refinery Lukoil Neftochim Burgas second biggest loser in Southeast Europe


The death of once mighty Bulgartabac

The death of once mighty Bulgartabac

The bulgarian tobacco holding controlled by Delyan Peevski has closed all production units but the authorities see no problem


Sofia by night

Sofia by night

Bulgarian capital appeared on the map of the globetrotters


In the fast lane: fuels, metals, manufacturing

In the fast lane: fuels, metals, manufacturing

The business of the 50 fastest-growing companies expands by 47% on average in 2017.


A year of record profits

A year of record profits

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


The most dynamic Bulgarian SMEs

The most dynamic Bulgarian SMEs

The majority of the small and medium sized businesses are engaged in commerce


What is rocking GERB’s boat?

What is rocking GERB’s boat?

Bulgaria’s main ruling party may seem monolithic, but a series of scandals revealcracks in its foundations