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The week: Borissov is back, The Yellow brick road of sorrow and the electoral queen from Varna
K Insights newsletter 07/04

The week: Goodbye to the euro, see you again sometimes?
Is the euro coming at all, the Russian assets in Bulgaria are in for a freeze, trouble at the European prosecution

WITTE Automotive Bulgaria to double production in Ruse
The company will invest 25 million euro in a new factory, which will open in the middle of 2024

The week: Bulgaria’s favorite decade, the euro-effort is shot in the leg, and banks are doing great
The past still has power over us

Kaufland remains largest Bulgarian retailer for 12th consecutive year
The sector grew by 13% on average in 2021, with total sales reaching 10.7 billion levs

The most dynamic, the most profitable and the companies with the most employees in Bulgaria
Profitability of the largest companies in Bulgaria continues to improve in 2021, while revenues of the fastest-growing large firms jump to an unprecedented 144%

Germany’s Eberspächer to build plant for automotive electrical heaters in Ruse
Production will start in an interim facility from January 2023, the new building will be completed by September

GERB wins vote, but unlikely to reign in another fractured Parliament
Seven parties crossed the 4% threshold in another inconsequential election with a low turnout

Single-bid tenders: how Bulgarian municipalities distribute money
58% of local government tenders and almost 65% of the money, or nearly half a billion levs, are distributed through controversial auctions

A festival summer: KInsights’ guide to the top music in Bulgaria this holiday season
Festivals and concerts return to the country after two years of Covid

The electronics company Addit.tech received an investment of 555,000 euros
The company basically offers a way for renting mobile phones and other consumer equipment