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

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


Alcomet starts serial production for BMW next year

Alcomet starts serial production for BMW next year

The Shumen-based aluminum product maker has signed a 12-year contract with the German automotive giant


The Week: Russia’s silent move, Parliament in mayhem, Housing market booms

The Week: Russia’s silent move, Parliament in mayhem, Housing market booms

Old faces, new falls from grace and a BMW you can buy cheap


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

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

Short business stories from the past month


Most Dynamic: Grain, Manufacturing, Road Construction

Most Dynamic: Grain, Manufacturing, Road Construction

The revenues of the 50 fastest growing companies increased by an average of 56% in 2019, with the largest companies growing particularly fast.


Fast Reads

Fast Reads


Bulgarian automobile market: Growing but getting older

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


The biggest employers: People are needed, wages are rising

The biggest employers: People are needed, wages are rising

Exporters and retailers again hired most employees


When Bulgaria is too expensive

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


Metallurgy: Shining bright

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

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.


Software: Bulgarian Companies Boost their Presence

Software: Bulgarian Companies Boost their Presence

Tech companies slightly slow down their revenue growth, new trends emerge


Machines and Equipment: the Engine of the Economy

Machines and Equipment: the Engine of the Economy

The sector keeps growing, companies increase profits and staff