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The week: No one wants to work in the government, Geshev is finally out, and tons of water are in
K Insights newsletter 16/06
From net exporter, to importing electricity in one year: Why Bulgaria had record imports in May
Things have quickly changed in the past 12 months for Bulgaria which traditionally balances out the energy systems in several Balkan countries
Niki Rotor Aviation launches new gyrocopter model, plans production expansion
In three years, the Pravets-based company will manufacture components in a larger factory
The week: First red flags for the new majority, Geshev’s last stand and a dead man crossing borders
Is the second "historic compromise" going to end up like the first?
Despite hiccups, Bulgaria is poised to get its first "rotational cabinet"
WCC-DB and GERB managed to broker a compromise after some limited concessions from the reformists
The week: Bulgarian politics in meltdown, corruption scandals revived and budget troubles
The unenviable task of trying to explain all this
Last-minute rotation: GERB and WCC-DB agree on a government
It will be formed with the second mandate of Prime Minister Nikolay Denkov and will have Mariya Gabriel as his deputy. They will then swap positions after nine months.
Germany’s Profine Energy mulls floating PV plant on Ogosta Dam
The investment in the largest such facility in Europe is assessed at some 500 million euro
Beauty segment drives BTL Industries’ sales to new high
The Plovdiv-based medical equipment maker doubles revenue on strong demand for aesthetic solutions
Geshev throws down gauntlet to Borissov after resignation call
PM-nominee Mariya Gabriel’s proposal to oust the Prosecutor General plunges the institution into civil war
Festo’s Sofia plant to focus on complex devices, non-electronic products’ manufacture to move to Turkey
The German company will invest 15 million euro in the transformation of its business in Bulgaria
Rollplast completes 110 million levs window plant
The company invested 30 million levs in the last stage of the project in Kostinbrod
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
Aurubis Bulgaria investing 120 million euro to boost copper cathode production
The company will process all its anodes locally after commissioning its refinery’s expansion in the second half of 2026
Kastamonu Bulgaria to invest 150 million levs in tripling particle board production
The first part of the project, which will provide a key raw material for the plant, sparked protests among locals and was suspended by the environment minister