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The biggest companies in 2020: New model, new champion

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 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

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 lost decade of Bulgaria

The governments of Boyko Borissov promised reform, but instead created an apparatus for extortion and clientelism


The dark era of Bulgarian football

The dark era of Bulgarian football

Over the past 15 years, professional football has turned into a closed system of interests, mired in corruption scandals and deteriorating quality. This might be finally coming to an end.


Borissov’s budgetary legacy

Borissov’s budgetary legacy

The next government will inherit a deficit and a thinning fiscal reserve


The elections are finally here, World Bank and the US criticize Bulgaria, tourism is down 70%

The elections are finally here, World Bank and the US criticize Bulgaria, tourism is down 70%

K Insights 02/04: the lockdown ends; how to buy something that doesn't have a price



Bulgaria and Russia: a tale of two palaces

Bulgaria and Russia: a tale of two palaces

The Black Sea mansions of Vladimir Putin and Ahmed Dogan reveal a lot about the systems they created


A toy war

A toy war

How one toy retailer got mixed-up in anti-government protests and received an uninvited buy-out offer


How the government bought a bank

How the government bought a bank

The government has cleared the last hurdle on the path to the Eurozone’s waiting room by purchasing a 20% stake in the private lender for 140 million levs


Bulgaria revamps budget as coronavirus bites

Bulgaria revamps budget as coronavirus bites

The government has revised the 2020 budget to cope with the fiscal fallout from the coronavirus crisis


Is State Capitalism Marching On?

Is State Capitalism Marching On?

Within a brief period, Bulgaria’s government has aggressively injected billions of levs into key sectors, and has effectively started nationalizing businesses


MRF Corporation

MRF Corporation

Launched as a party fighting for the political representation of Bulgaria’s ethnic Turks, the Movement for Rights and Freedoms has morphed into a quasi-business organization quietly pulling strings behind the scenes


Fast Reads

Fast Reads


Geshev Unchained

Geshev Unchained

The new Bulgarian Prosecutor General Ivan Geshev moved into first gear from the outset, picking fights with oligarchs, rural criminals and even the president himself. Is he aiming at something bigger than just crime busting?


Ruse: Free spirit constrained

Ruse: Free spirit constrained

Bulgaria’s biggest city on the Danube has great untapped potential for growth but is struggling because of poor connections with Romania, the rest of the country, and the river itself


Telco and TV-operators mergers are coming to Bulgarian market

Telco and TV-operators mergers are coming to Bulgarian market

United Group is buying Bulgaria’s largest telecom – and eyeing a majority share in bTV


Budget misspending

Budget misspending

Reform of public spending in a changing global environment