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Bulgarian furniture output falls to 556 million dollars in 2023

Bulgarian furniture output falls to 556 million dollars in 2023

Volume decreased 5% year on year and over 7% on 2021 amid contraction in consumption


Patrick Fragman: In 2026 we will have a cost estimate for the new units of Kozloduy NPP

Patrick Fragman: In 2026 we will have a cost estimate for the new units of Kozloduy NPP

Westinghouse Electric Company CEO* on Bulgaria's nuclear contract, moon base and other projects


Foreign companies in Bulgaria: a small but important boost to the economy

Foreign companies in Bulgaria: a small but important boost to the economy

In 2022, they generated 15.5 billion euro added value and provided more than 400,000 jobs, Eurostat data show


Abu Dhabi’s e& acquires majority stake in Yettel, CETIN

Abu Dhabi’s e& acquires majority stake in Yettel, CETIN

Czech PPF retains 50% minus one share in Yettel-branded telcos but keeps 100% in Bulgarian media group bTV


Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Income growth in Bulgaria outpaces labor productivity by far, signaling the end of the low-cost labor model


Marek Prawda: The Russian aggression proved that the West lost the monopoly on always being right

Marek Prawda: The Russian aggression proved that the West lost the monopoly on always being right

The deputy foreign minister of Poland on the Visegrad four, the Eastern part of the EU and the Polish presidency


Fitness fever: Next Level acquires Flais for 15 million euro

Fitness fever: Next Level acquires Flais for 15 million euro

The buyer is part of the Multisport group and one of the largest fitness club owners in Bulgaria


The week: Poles apart

The week: Poles apart

The ungovernable state, a Bulgarian link in the explosive pagers story and Nole’s favorite chalga tune


Podemcrane: from electric hoists for Comecon to global markets

Podemcrane: from electric hoists for Comecon to global markets

After a long privatization process in the 1990s, the Gabrovo-based company today manufactures industrial cranes and components worth 50 million levs


Putting out fire after fire, or why Bulgaria has a hard time dealing with natural disasters

Putting out fire after fire, or why Bulgaria has a hard time dealing with natural disasters

The country needs an aerial system for firefighting, but it has failed to buy even a single helicopter in the past three decades


More foreign workers are coming to Bulgaria but there are still many vacancies

More foreign workers are coming to Bulgaria but there are still many vacancies

Turks save seasonal employment, and Kyrgyz people are employed in hotels and restaurants, but this is not solving the personnel shortfall


The week: Dispatches from the frontlines of the heat war

The week: Dispatches from the frontlines of the heat war

Bulgaria bakes, coal TPPs fire up and no Anti-Peevski front forms




The week: What a Big Mac can tell us about the future of Sofia

The week: What a Big Mac can tell us about the future of Sofia

Sofia gets really expensive, Peevski gets a post, and Real Estate keeps booming


Largest food and beverage producers in Bulgaria: Sunflower stars emerge

Largest food and beverage producers in Bulgaria: Sunflower stars emerge

Loads of different players from the beer, meat, sunflower and sweets sectors make up the top 50 ranking



Machines and equipment: Growth in high gear

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

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


Bulgaria’s Ideal Standard - Vidima to become part of Germany’s Villeroy & Boch

Bulgaria’s Ideal Standard - Vidima to become part of Germany’s Villeroy & Boch

The transaction values Ideal Standard Group at 600 million euro and is expected to be completed in early 2024