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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



Paying the Trump military tax: What weapons systems could Bulgaria buy from the US?

Paying the Trump military tax: What weapons systems could Bulgaria buy from the US?

Borissov's tripartite coalition will probably try to please the US once again with new defense deals


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


Is Bulgaria becoming a liability for the EU?

Is Bulgaria becoming a liability for the EU?

Corruption and the (mal)functioning of the judiciary are no longer national problems - they also concern Europe


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


Chinese platforms Shein and Temu hit Bulgarian traders

Chinese platforms Shein and Temu hit Bulgarian traders

Second-hand goods stores report 15% drop in sales, shut down outlets


France’s Air Liquide to invest 100 million euro in Bulgaria and Germany

France’s Air Liquide to invest 100 million euro in Bulgaria and Germany

The bulk of the funds will go to a new air separation unit in the town of Pirdop, pushing capacity for industrial gases up 10%


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


EnduroSat expanding in a building it bought for 20-21 million euro

EnduroSat expanding in a building it bought for 20-21 million euro

The property in Sofia that once housed the Bulgarian HQ of Greece’s Alpha Bank, has been vacant for eight years because of a lawsuit between the lender and the Bulgarian Academy of Sciences who owned the land underneath


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


Heraclea Sintica: Discovering a marble (demi)god

Heraclea Sintica: Discovering a marble (demi)god

The well-preserved statue found in the ancient city near Petrich has sparked worldwide interest, attracting tourists from near and far


Germany’s Kayser opens car parts plant in Pleven

Germany’s Kayser opens car parts plant in Pleven

The company will invest 10 million euro in the manufacture of tube systems in a rented building


Nothing’s worse than sunny weather

Nothing’s worse than sunny weather

Disruptions across Europe are surprisingly due to Bulgaria and the inability to balance the system


First Investment Bank up for sale - sources

First Investment Bank up for sale - sources

UniCredit Bulbank and Postbank vie to acquire Bulgaria’s fifth largest lender


Schneider Electric to build second factory near Plovdiv

Schneider Electric to build second factory near Plovdiv

Investment in the project’s first phase costs 107 million levs, production to start in 2025



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



EnduroSat doubles sales in 2023

EnduroSat doubles sales in 2023

The Bulgarian nanosatellite producer expects to report some 27 million levs in revenue, new product to be launched soon