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The week: Some lessons from Romania, handshakes in Parliament, and a call to people who love cities
K Insights newsletter: 21/04
Oliva leads the food and beverage sector
In 2021 food and beverage manufacturers reached their pre-Covid business levels. This year, it’s inflation that is upsetting the market
Biodiesel maker Astra Bioplant tops fuel sector’s ranking
Long-time leader Lukoil Neftochim Burgas drops to fourth position
The biggest agricultural companies: Grain goes to space
Traders and producers of wheat, corn, sunflower grow revenue more than 54%
The war for sunflower oil and Bulgaria’s role in the market
In Bulgaria, the sunflower oil business was worth close to 1.5 bln levs (767 million euro) last year
Bulgarian government’s decision to buy 1.1 mln tons of cereals provoked market chaos
Representatives of the sector believe that the offered price is half the international market price and complain of illegal suspension of exports
Bulgaria to suffer weaker growth, higher inflation over war in Ukraine
Exports to Russia and Ukraine account for only 2.4% of Bulgaria’s total, but supply chains have been destroyed
The week: Russian tanks steal our common future, stacking up on grain, some good ideas
K Insights 11/03: economy grows (pre-war), some unicorns
Food and beverage Top 30: Sunflower Billions
The sector as a whole performs well, but the champion is sunflower oil production
Agriculture sector in Bulgaria: Calm during the pandemic, getting ready for records
Local and foreign wheat, corn and sunflower seeds producers dominate the rankings
The week: Yet another saviour on the horizon, Fourth Covid wave is here and some good news for the budget
To party or not to party, that is Kiril Petkov’s question, (some) Covid restrictions, after all, and even more expensive electricity
Gradus’ shares, the Sofia stock exchange, and pension funds
According to the Sofia-listed company’s prospectus for its 2018 IPO, revenues were much higher in 2017 than in any of the following three years. Seven pension funds are shareholders to this day.
Bulgarian machine-maker acquires Italian supplier
The sunflower dehulling machine manufacturer ELICA is now owner of Bologna-based ASM
Svetoslav Ilchovsky: These people steal from us relentlessly
The businessman who rocked Bulgaria’s parliament in its final days over allegations of high-level corruption speaks to Capital weekly
A tale from the (still) captured state, new elections and the Russians are coming... for now
K Insights 07/05: there are money for COVID-measures until June; who is the largest builder in Bulgaria
The deals of 2020: Few and far between
The pandemic practically froze the M&A market. Buyers are still mostly local faces
Bulgaria’s new factories
Investment projects worth less than 430 mln levs were announced in 2020 - a third of the amount in 2019