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The week: The black-hole constellation
New mayors are in - money is out, who owns the Interior Minister and more chess champions
KBC Bank Bulgaria wraps up legal merger into United Bulgarian Bank
The two banks’ operational unification will take a year or so
Bulsatcom deal shatters peace in Bulgarian telecom market
The competition authority must decide whether Vivacom is gaining too much control over the market after financing the purchase of the pay-TV operator
The top ten owners of office buildings in Sofia
They own 600 thousand square meters of offices in Sofia or half of the total available 1.24 million square meters of class A areas in the capital.
JLL chooses Avalant as its Bulgarian representative for offices deals
All main global players have now entered the property consultancy market in the country
Radev’s revenge, the looming deficit and a frog
Reality is back with a vengeance, GDP keeps growing, and our Real Estate report is out
Bulgaria’s Top 10 Banks in 2021
Capital Weekly ranks financial institutions in terms of stability, profitability and dynamics
Money for RES for businesses’ own use
Commercial lenders and Bulgarian Development Bank (BDB) provide financing for solar power plants for businesses. Also, there is a funding program with 200 million levs in grants under the Recovery Plan
The Coalition duel for the National Bank
In an attempt to thwart the election of TISP’s Lyubomir Karimanski for governor of BNB with the votes of the opposition, WCC nominated their parliamentary head Andrei Gyurov for the post
ING Bank, Sofia: Our clients are very open to doing business more sustainably
Grzegorz Konieczny, Country Head, ING Bank Sofia and Marina Kobakova, Head of Sector Coverage, ING Bank, Sofia
Inside Nexo: one of the biggest crypto-banks in the world
The Bulgarian company claims to run 10 billion dollars in assets. Such growth comes with challenges
Bulgarian banks’ Jan-July profit rises to 400 mln euro
Еarnings come from growing credit portfolio, higher income from fees on operations
The biggest companies in 2020: New model, new champion
Bulgaria’s biggest companies were only mildly hit by the coronavirus. Total revenue of the top 100 firms decreased by just 7% in 2020.
The Week: Troubles in the Black Sea, not a nice time to be a Bulgarian neighbor, Capital sells covers on an NFT auction
The Three seas in Sofia; No date for North Macedonia, welcome to the Rhodope mountain train
A slap from across the ocean: US sanctions Delyan Peevski, Vasil Bozhkov, and Ilko Zhelyazkov
These actions represent the largest single act of sanctions in the history of the Magnitsky Act, targeting these three individuals and their networks encompassing 64 enterprises for "significant corruption"
The lost decade of Bulgaria
The governments of Boyko Borissov promised reform, but instead created an apparatus for extortion and clientelism