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How did Bulgaria get so expensive?
Record costs of essential foods have been driven by uncertainty in the supply chain, speculation, rising wages and inelastic demand
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
Company strongly improves its results in 2021 thanks to stronger demand and cost optimization
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
Bulgarian banks’ profit hits record 2 billion levs in 2022
The banking sector posts the strongest growth in all segments since the global crisis
Bulgarian ski resorts suffer from warm winter weather in December
The hospitality sector reports cancellations, hopes for a longer season
Bulgarian economy to slow down in 2023
Institutions don’t bet on a recession in their forecasts for 2023 but there are problems
The largest machinery and equipment companies: Back on the growth track
The leading 45 companies in the sector recorded revenue growth of 23.5%, reaching 10.9 billion levs.
Growth in housing prices in Plovdiv, Varna and Burgas
In the two seaside cities deals increased at the beginning of 2022, but in Plovdiv their number decreased slightly
Biggest pharma companies’ revenue grows 10% in 2021
Leaders Sopharma Trading and Phoenix approach a turnover of billion levs each
The week: Some good vibes for Christmas; Lukoil suddenly is very cooperative; The curious case of Bulsatcom
Last K Insights newsletter for 2022
Rents going up more slowly than housing prices
Home rents increase, following the rise in mortgage payments, incomes and inflation.
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 week: To Qatar and back, brain surgeon fails to win minds, Schneider Electric is Factory of the Year
K Insights weekly overview
Bulgarians have lost 860,000 years of collective lifespan due to Covid
The country recorded the highest number of excess deaths worldwide during the pandemic, according to an expert report
Petar Andronov, KBC Group: The main prognosis is for a "soft recession"
Belgian KBC Group expects 0.7% GDP growth in Bulgaria for 2023
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%
Russian-owned Lukoil will pay tax in Bulgaria - but with conditions
Lukoil's future in Bulgaria is uncertain, however, Bulgaria's oil dependence on Russia cannot be escaped easily
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