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The week: The worst-case post-election scenario, a sock company leaves, Bulgarian football rulers refuse to

The week: The worst-case post-election scenario, a sock company leaves, Bulgarian football rulers refuse to

K Insights newsletter 30/04


Andrius Biceika, Revolut: Sofia ranks 8th in our Top 10 Cities by Users

Andrius Biceika, Revolut: Sofia ranks 8th in our Top 10 Cities by Users

The deputy CEO of the fintech giant will participate in the Capital Fintech and Insurtech Summit conference


Kastamonu Bulgaria to invest 150 million levs in tripling particle board production

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


Top 5 furniture retailers’ turnover tops 0.5bn levs, online sales increase

Top 5 furniture retailers’ turnover tops 0.5bn levs, online sales increase

Bulgarian producers’ output reached $600m in 2021


The week: The sheriff is in town, where does all the asphalt go, and Telus won’t tell on us anymore

The week: The sheriff is in town, where does all the asphalt go, and Telus won’t tell on us anymore

A thunder in the sky of dust


Iris.ai receives a 2.5 million euro grant from Brussels

Iris.ai receives a 2.5 million euro grant from Brussels

The European Investment Bank has committed to invest up to 12 million euros in the search engine for scientific literature


The week: Goodbye to the euro, see you again sometimes?

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


Devnya Cement: double revenues, splendid profits

Devnya Cement: double revenues, splendid profits

Company strongly improves its results in 2021 thanks to stronger demand and cost optimization


The new Magnitsky sanctions for Bulgaria: Who has been named and why

The new Magnitsky sanctions for Bulgaria: Who has been named and why

The US continues its anti-corruption pressure in tandem with the UK, by adding two former ministers, two former MPs and an energy official to the list


Bulgarian ski resorts suffer from warm winter weather in December

Bulgarian ski resorts suffer from warm winter weather in December

The hospitality sector reports cancellations, hopes for a longer season


Bulgarian tech startup AMPECO receives $13 million from BMW i Ventures

Bulgarian tech startup AMPECO receives $13 million from BMW i Ventures

The company designs software for electric car charging stations, and plans on becoming a market leader in charge station management


The week: Bulgaria’s favorite decade, the euro-effort is shot in the leg, and banks are doing great

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


Nexo co-founders and executives charged as an organized crime group in Bulgaria

Nexo co-founders and executives charged as an organized crime group in Bulgaria

Charges ignite political firestorm in the country, while the company continues to operate worldwide


M&As in 2022: Mid-sized deals, cautious outlook

M&As in 2022: Mid-sized deals, cautious outlook

Market continued its recovery from the pandemic


Biggest pharma companies’ revenue grows 10% in 2021

Biggest pharma companies’ revenue grows 10% in 2021

Leaders Sopharma Trading and Phoenix approach a turnover of billion levs each


Bulgaria: a step closer to the euro’s door

Bulgaria: a step closer to the euro’s door


The largest metal producers: Aurubis remains on top, steel producers grow the most

The largest metal producers: Aurubis remains on top, steel producers grow the most

Appreciation of metals prices increased company earnings by 33% in 2021, but forecasts for 2022 are less optimistic


The biggest lease deals in Sofia's office market

The biggest lease deals in Sofia's office market

New offices, new opportunities


Bulgaria’s green transition can be accelerated by the energy crisis in Europe

Bulgaria’s green transition can be accelerated by the energy crisis in Europe

The net zero goals of bulgarian companies were the focal point of the Net Zero Economy Forum


Monbat sees future of batteries as combination of different technologies

Monbat sees future of batteries as combination of different technologies

CEO Viktor Spiriev says every company and consumer should choose their working practices to achieve carbon neutrality