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E-commerce keeps Bulgaria’s courier service market buoyant in 2022

E-commerce keeps Bulgaria’s courier service market buoyant in 2022

The revenues of the top 20 companies in the sector reached 1.175 billion levs


Dronamics, Bulgaria’s first drone airline

Dronamics, Bulgaria’s first drone airline

The Bulgarian startup recently secured an equity investment of 10 million euro from the EIC


Failed investor in Bulgaria, Next.e.GO, files for bankruptcy

Failed investor in Bulgaria, Next.e.GO, files for bankruptcy

The German startup planned to build a 140 million euro electric vehicle plant in the city of Lovech


The week: Finally, some money for the cities

The week: Finally, some money for the cities

Money for the regions, Mud for political enemies, Solar for our neighbors


Smart Organic to open new 16 million lev factory in April

Smart Organic to open new 16 million lev factory in April

The facility near Sofia will have the capacity to produce 300 million lev worth of organic food per year


Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.


Who is who in the Glavchev cabinet and what comes next

Who is who in the Glavchev cabinet and what comes next

The caretaker gov’t is dominated by GERB and MRF cadres, which are bound to restore the status quo



A customs boss, a police chief and a "very expensive" watch: the first strike of the new anti-corruption agency

A customs boss, a police chief and a "very expensive" watch: the first strike of the new anti-corruption agency

Two strange stories from last week converge into one


Vitosha Venture Partners commits 1.5 million euros across 5 companies

Vitosha Venture Partners commits 1.5 million euros across 5 companies

The VC firm will focus on portfolio development and prepare for the launch of a new fund


Bulgaria enters Schengen area by air and sea

Bulgaria enters Schengen area by air and sea

What does this mean for the country?


How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

Turkstream used offshore companies and the financial capacity of Gazprombank


The week: Fly, don't float - Bulgaria enters Schengen

The week: Fly, don't float - Bulgaria enters Schengen

Schengen entry is upon us, Who wants to be a Prime Minister, A very rich church


Austrian paper trader intends to buy a Plovdiv-based company for advertising materials

Austrian paper trader intends to buy a Plovdiv-based company for advertising materials

Europapier’s Bulgarian subsidiary is awaiting anti-trust approval to acquire Micro Asu


The week: No country for the old

The week: No country for the old

The young have made it through, The rotation is now a centrifuge, Bulgarian football goes for old



DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

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


Who will be the next Patriarch and why it matters

Who will be the next Patriarch and why it matters

The Bulgarian Orthodox Church controls a vast number of properties and hundreds of millions of levs, but most importantly - exerts influence over millions of laymen


The week: The trick with the migrant scare

The week: The trick with the migrant scare

Don’t let the news fool you, How flat should a tax be, and a Bishop dreams of heading the Church


Online Gambling Business’ Revenue Tops One Billion Levs

Online Gambling Business’ Revenue Tops One Billion Levs

Internet betting grew by 12% in 2023. Lower taxation of offline betting creates a new market niche.