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Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun
Budget revenues are growing at a much slower pace than expenditures, while EU funds remain elusive for now
Sofia Airport’s Terminal 3: Ready by 2031 and worth 500 million levs
The new facility will extend over 65,000 sq. m., will be connected to Terminal 2 and able to accommodate 20 million passengers per year
10 Years After the Collapse of CCB: Where Are the Key Figures Now?
A decade after the closure of Corporate Commercial Bank (CCB), there are still no convictions, and the mega-trial for draining its accounts is going nowhere
Bulgaria Economic Trends: Wage Growth Slowing Down
Wage increases are expected to decelerate this year, ranging between 5% and 14%
Bulgaria has utilized only 4% of European funds since 2021
For the first time since joining the EU, Bulgaria has got along with almost no European funding for several years
Top 25 agricultural machinery dealers increase revenue by a third in 2022
All the importers in the top 25 have registered a profitable year
DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends
Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested
Fertilizers remain vulnerable to the impact of the Ukraine war, trade restrictions
Prices fall from record highs but stay steadily elevated
Top Livestock Producers: Riding the Wave of Soaring Prices
Last year brought a surge in output and prices
Economic Trends That Will Impact Bulgaria in 2024
Four leading Bulgarian economists highlight the most significant trends of 2023.
Largest metal producers: First signs of cool-down
The revenue growth of the top 30 companies in the sector slowed to 22% in 2022
Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years
In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.
Rose oil is on its way to becoming a medicinal ingredient
This will open up a new niche and market for the sector, which is currently feeling insecure and still risks damage from controversial European regulations
Machines and equipment: Growth in high gear
The revenue of the top 70 manufacturers rose by 26% to over 15 billion levs in 2022
Latecoere’s Bulgarian plant to become European hub for Airbus A320 door assembly
The output of the Plovdiv-based facility will double, now that the entire program has been transferred from the Czech Republic
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
Bulgaria’s 100 largest companies: record revenue and profits for 2022
The Ukraine war has pushed the turnover of the companies in the K100 ranking to BGN 132 billion, or 60% up on the year before