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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



What happened to Bulgaria’s largest builder?

What happened to Bulgaria’s largest builder?

Veliko Zhelev, the boss of infrastructure giant Hirdrostroy, was briefly arrested last week for harassing an employee. Is there more to this story than meets the eye?




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


Euroins’ woes in Romania

Euroins’ woes in Romania

Eurohold Bulgaria, the parent company of insurer Euroins Romania, has said officials of Romania’s Financial Supervisory Authority (ASF) might be involved in a coordinated raiding attack on its business


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


No Euro in 2024: Why did Bulgaria give up trying to join the eurozone next year?

No Euro in 2024: Why did Bulgaria give up trying to join the eurozone next year?

Parliament’s failure to adopt 4 key pieces of legislation, a purposeful abstention from the amendment of the Insurance code and high inflation will delay currency union entry



Bulgarian banks’ profit hits record 2 billion levs in 2022

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

Bulgarian ski resorts suffer from warm winter weather in December

The hospitality sector reports cancellations, hopes for a longer season



The biggest agricultural companies: Grain goes to space

The biggest agricultural companies: Grain goes to space

Traders and producers of wheat, corn, sunflower grow revenue more than 54%


Growth in housing prices in Plovdiv, Varna and Burgas

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


Will Lukoil continue dominating Bulgaria’s petrol market despite sanctions?

Will Lukoil continue dominating Bulgaria’s petrol market despite sanctions?

The war in Ukraine and the EU embargo on Russian oil won’t impact the giant’s hegemony



Rents going up more slowly than housing prices

Rents going up more slowly than housing prices

Home rents increase, following the rise in mortgage payments, incomes and inflation.


Bulgarians have lost 860,000 years of collective lifespan due to Covid

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


The biggest lease deals in Sofia's office market

The biggest lease deals in Sofia's office market

New offices, new opportunities