New automotive investment projects score hattrick exceeding 100 million levs

Austria’s GG Group, Netherlands-based Nedschroef Holding and Germany’s Sulzer are launching operations in Bulgaria

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

Democratic Bulgaria to seek support from WCC if it gets third gov’t mandate; Interpol: Semerdziev drove with a fake Swiss driving license; 25 stotinki fuel discount from today

The week: The best place to start fighting the corruption, Don’t count a coalition before it’s hatched, Crypto collapse

A fatal crash exposes depth of state capture, No gov’t + crypto layoffs and M&As

Greek-Spanish Etem Gestamp to invest 60 million euro to expand capacity of Sofia plant

The partners will manufacture aluminum elements for Porsche e-vehicles

Yanis Varoufakis: Bulgaria's entry into the eurozone would be a mistake

The thinker, writer and ex-Greek finance minister talks to K Insights on the EU and why the Recovery and Resilience package was a mistake

Digital startups get funding, BDB acquires stake in baby-shoe maker, Automotive sector expands near Plovdiv

Short business stories from the past month

Bulgarian automobile market: Growing but getting older

In 2019, the share of diesel engines and vehicles that were more than 20 years old kept increasing

A budget to appeal to everyone

There is enough room for maneuvering in case of an economic downturn but reforms are nowhere in sight

Derailing fair play

Bulgaria’s competition watchdog turns away foreign investors yet again

When Bulgaria is too expensive

The Canadian owner has ceased production at ALC’s plants over a labor shortage, higher wage costs and failure to get a price increase from BMW

Will Volkswagen Arrive in Kremikovtzi?

Bulgaria has an unprecedented opportunity to attract a major car maker

Metallurgy: Shining bright

The high prices of non-ferrous metals, the introduction of new products and anti-dumping tariffs on steel imports produced a two-digit rise in revenue

Machines and Equipment: Breaking New Records

Ideal Standard’s businesses in Sevlievo are focusing on growth after being acquired by Anchorage Capital earlier this year.

Machines and Equipment: the Engine of the Economy

The sector keeps growing, companies increase profits and staff