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Bulgaria Economic Trends: Wage Growth Slowing Down

Bulgaria Economic Trends: Wage Growth Slowing Down

Wage increases are expected to decelerate this year, ranging between 5% and 14%


Bulgarian flexible packaging manufacturer Plastchim-T acquires Italian peer Manucor

Bulgarian flexible packaging manufacturer Plastchim-T acquires Italian peer Manucor

The price of the deal is not disclosed but calculations show it tops 50 million euro



Ruse truck parking scheme: Taki’s shadow at the Bulgarian-Romanian border

Ruse truck parking scheme: Taki’s shadow at the Bulgarian-Romanian border

The private truck parking facility was launched by the municipality of Ruse and is linked to the same entities controlling the Kapitan Andreevo crossing at Bulgaria's border with Turkey


Balkan Hall: Climbing the wall of business

Balkan Hall: Climbing the wall of business

Driven by their love for sport, three friends built Balkan Climbing - the largest climbing center in the Balkans


Private equity fund BlackPeak gets nearly 30% stake in Bianor

Private equity fund BlackPeak gets nearly 30% stake in Bianor

The technology holding plans to use the freshly raised capital for new acquisitions




The week: GERB makes a comeback

The week: GERB makes a comeback

The return of Borissov, Saudis eye a telecom & TV channel and the Missing Cryptoqueen’s drug lord


Sofia’s poisonous traffic goes under the institutional radar

Sofia’s poisonous traffic goes under the institutional radar

There is hidden pollution with dangerous nitrogen dioxide in Sofia and the state is underestimating the problem, the environmental organization For the Earth says


Why doesn't Bulgaria have a railway?

Why doesn't Bulgaria have a railway?

The growing demand for adequate rail transport outpaces the speed of the Bulgarian State Railways


Aurubis embarks on its biggest investment program in Bulgaria

Aurubis embarks on its biggest investment program in Bulgaria

Tankhouse expansion, 30 MW of solar parks and other projects will be completed by the end of 2027


The week: The Accountant and Srebrenica

The week: The Accountant and Srebrenica

Glavchev The Sudden Diplomat, Long work hours and a belated Tsar’s burial


Uber shuts its software center in Bulgaria

Uber shuts its software center in Bulgaria

The Bulgarian office, which developed software for financial documents, will close in September


First Investment Bank up for sale - sources

First Investment Bank up for sale - sources

UniCredit Bulbank and Postbank vie to acquire Bulgaria’s fifth largest lender


The week: Lessons in change from Philadelphia, Dirty deeds done dirt cheap, Fibank is for sale

The week: Lessons in change from Philadelphia, Dirty deeds done dirt cheap, Fibank is for sale

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LAM'ON’s biodegradable film is now on the market

LAM'ON’s biodegradable film is now on the market

Angela Ivanova, Gergana Stancheva and Assoc. Dr. Filip Ublekov’s products are produced in Sofia and will be exported to Eurоpe



Schneider Electric to build second factory near Plovdiv

Schneider Electric to build second factory near Plovdiv

Investment in the project’s first phase costs 107 million levs, production to start in 2025