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Private equity fund BlackPeak gets nearly 30% stake in Bianor
The technology holding plans to use the freshly raised capital for new acquisitions

The week: The Accountant and Srebrenica
Glavchev The Sudden Diplomat, Long work hours and a belated Tsar’s burial

First Investment Bank up for sale - sources
UniCredit Bulbank and Postbank vie to acquire Bulgaria’s fifth largest lender

The week: Lessons in change from Philadelphia, Dirty deeds done dirt cheap, Fibank is for sale
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How 16 billion lev capitalization vanished from the Bulgarian Stock Exchange
The financial watchdog delisted Capital Concept for lack of reporting

Who wants a free market? Bulgaria postpones wholesale electricity market liberalization
Meanwhile, households will have missed the optimum moment for liberalization because electricity prices are currently at their lowest

Dronamics, Bulgaria’s first drone airline
The Bulgarian startup recently secured an equity investment of 10 million euro from the EIC

Failed investor in Bulgaria, Next.e.GO, files for bankruptcy
The German startup planned to build a 140 million euro electric vehicle plant in the city of Lovech

The week: Finally, some money for the cities
Money for the regions, Mud for political enemies, Solar for our neighbors

Smart Organic to open new 16 million lev factory in April
The facility near Sofia will have the capacity to produce 300 million lev worth of organic food per year

Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance
Global events hit the financial performance of public companies, shrink factory production and effectively cut down state revenue

The biggest software companies in Bulgaria
The top 50 tech companies by revenue experienced significant growth, more suited to startups

The week: To leave or not to leave, that’s Lukoil’s question
Russian oil derogation shenanigans, Bulgarian PISA tower crumbles, good times for bankers and farmers

Smart Organic to move Naughty Nuts’ production operations to Bulgaria
The Bulgarian bioproduct maker acquired the assets of the German nut-butter startup for 150,000 euro