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Most Dynamic: Grain, Manufacturing, Road Construction
The revenues of the 50 fastest growing companies increased by an average of 56% in 2019, with the largest companies growing particularly fast.
Most Profitable Companies: A Flourishing Year
As many as 60% of the most profitable companies improved their profitability rates in 2019
Borissov’s house of cards is shaking
The Bulgarian prime minister is facing a public storm, leaking of secrets and a rampant prosecution service. This promises turbulence ahead for him and the country.
Sofia bourse closing another losing year
Doverie United Holding was the lonely bright star in the last quarter of 2019
Bulgaria’s biggest companies post slower sales growth than regional peers in 2018
Oil refinery Lukoil Neftochim Burgas second biggest loser in Southeast Europe
Commission for Prohibition of Competition
Bulgaria’s competition authority is stretching merger control rules to prevent investors from acquiring key local companies.
State companies invest in order to give more money to Ahmed Dogan
Parliament endorses unlimited donations to political parties from individuals and businesses
SOFIX remains lower YTD despite first monthly gain in 2019
Investors find refuge in real estate investment trusts
Most Dynamic Companies: The Year of Construction
The revenue of the fastest growing 50 companies in Bulgaria rose 66% yoy on average in 2018
Deals of 2018: Weak Season with Mostly Local Buyers
Ginka Varbakova, Ahmed Dogan, Brendo were the most active Bulgarians in the deals, as easterners replaced westerners
Don’t panic: Investors are not leaving in droves
Foreign direct investment has been decreasing for several years, but it has been partly substituted by local investors. The worrying trend is the overall decline in investment.