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Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project
A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.
The biggest construction companies: boom in real estate, slump in road building
The top 40 companies have an average revenue growth of just 4%, unlike all other thriving sectors
Illegal road repairs worth billions
A cross-ministerial probe found that much of the money paid for roadworks and maintenance has been illegally allocated
The Week: The inevitable fifth wave, the surf-master Radev and the boom of online retail
K Insights 22/10: grocery stores flourish while clothes shops go under
The Black Wednesday: A 13 Million Sports Hall With The Revenue Of A Corner-Store
The story of one of many government-built arenas designed not to support sport, but to boost friendly infrastructure companies
Construction business: the largest builder in Bulgaria
How Veliko Zhelev turned his Hidrostroy company into an empire
TOP30 of Bulgaria’s construction companies: Riding on the highway of public contracts
The sector has achieved significant revenue growth mostly stemming from government contracts for infrastructure projects, but also because of a revival in the real estate market
Bearish mood keeps grip on Sofia exchange despite lenders’ rally
Earnings season fails to turn the tide
When civic engagement works in Bulgaria
Bulgarians are often said to be insufficiently engaged civically but some cases prove otherwise
GPGate – a matrix for winning public tenders
A network of connected companies and individuals compiles, evaluates, and implements EU-funded projects
GP Group – a business very well connected
The story of the biggest construction company in Bulgaria is a showcase of local business practices
The autumn of everyone’s discontent
Protests calling for better conditions for disabled people and higher quality public works, through to demands to "change of the system", have rocked Bulgaria over the past three months, but there seems to be little momentum for snap elections just yet
Fast Reads
Summer of political scandals, CEZ and Nova Broadcasting Group, Crashed Company Register, Bus crash near Svoge
The most profitable in 2017: Weapons, gambling, medicines
The group of manufacturing companies with double-digit margins is the largest
А big black hole in Bulgarian public procurement
A road agency tender revealed that it is prone to massive scams