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The real influence of Russia in Bulgaria, part 2: The real players

The real influence of Russia in Bulgaria, part 2: The real players

In the second article of a two-part series, KInsights explores how Putin’s war in Ukraine exposed that Bulgarian politics remains hostage to a powerful pro-Kremlin network holding key positions in the state


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


Ruse: Northern Bulgaria's Caged Tiger

Ruse: Northern Bulgaria's Caged Tiger

Adverse demographic trends and infrastructure constraints limit the city's significant economic potential


Commission for Prohibition of Competition

Commission for Prohibition of Competition

Bulgaria’s competition authority is stretching merger control rules to prevent investors from acquiring key local companies.


TOP 12 in arms industry: Slower growth

TOP 12 in arms industry: Slower growth

After a record-breaking 2017, manufacturers and traders reported a downturn. The sector’s profit fell by half in 2018 compared to the previous year


Bulgaria continues its weapons export spree

Bulgaria continues its weapons export spree

Saudi Arabia consolidates its place as a top small arms export destination for the third year running, despite human rights abuses and uncertainty about where weapons end up


Novichok shock

Novichok shock

Did Moscow test lethal substance in Sofia before Salisbury?


Arms: Exploding results

Arms: Exploding results

The rapid growth in the turnover of arms manufacturers and traders is probably nearing its end


The most profitable in 2017: Weapons, gambling, medicines

The most profitable in 2017: Weapons, gambling, medicines

The group of manufacturing companies with double-digit margins is the largest


A state under siege

A state under siege

Bulgaria remains a state captured by strong economic interests exerting systemic influence over key bodies in the administration and the judiciary


Raiding Dunarit

Raiding Dunarit

A war for the remnants of Corporate Commercial Bank’s heritage looms large behind a drive to nationalize Bulgaria’s fourth largest armaments company


The Most Profitable Companies: Economy of Slot Machines and Lottery Tickets

The Most Profitable Companies: Economy of Slot Machines and Lottery Tickets

Gambling has affirmed its position as one of the most profitable businesses in Bulgaria


The paradox of Borissov's third government

The paradox of Borissov's third government

Without opposition, yet weak and vulnerable