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Cheaper energy boosts Zlatna Panega Cement’s profit in 2023
The company invested 9.3 million euro, including in a solar power plant covering 10% of its consumption

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

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

The week: Why cities need problem-solving capabilities
The capability gap, Euro (still) on the horizon, More state aid for business

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Amongst a sharp dip in investments during 2024 there have been a few that have also withdrawn entirely from the country

Bulgarian solutions to major water problems
Naiada.ai and ENova H20 address key water problems - leaks and poor quality

Foreign Ministry launches a campaign to abolish US visas
The Viza Academy initiative includes advertising with actress Maria Bakalova and an online platform, which aims to reduce visa refusals for Bulgarians to under 3%

Bulgargaz is technically bankrupt. What’s next?
The state-owned gas monopoly’s market share is declining and it is experiencing major financial losses

Payhawk doubles revenues, but also reports significant loss
Revenues for 2023 have grown to 12.6 million euros, but the negative financial result swells to almost 35 million euro

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
K Insights Newsletter 01/11

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

Germany's struggles reveal an uncomfortable truth about Bulgaria's economy
Structural problems affecting Bulgaria’s largest trading partner will affect local industries that fail to adapt and diversify their clients