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Circumventing the "natural crossroad": Sofia is losing the fight for Corridor 8

Circumventing the "natural crossroad": Sofia is losing the fight for Corridor 8

Bulgaria’s abdication regarding its international affairs will soon make it obsolete and isolated


The Week: Has the "Peevski spell" been broken, Business climate turns sour, Sofia bans dirty cars

The Week: Has the "Peevski spell" been broken, Business climate turns sour, Sofia bans dirty cars

K Insights Newsletter 01/11


Clean business: Septona plant in Ruse expands on back of surge in demand

Clean business: Septona plant in Ruse expands on back of surge in demand

Greek manufacturer of hygiene products like make-up pads and shower gels invests 40 million levs in new buildings and machinery



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%


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



The LNG terminal in Alexandroupolis is operational: what’s next?

The LNG terminal in Alexandroupolis is operational: what’s next?

With the gas link from Komotini to Stara Zagora and the unloading facility now functioning, Bulgaria can import up to 5.5 bcm of gas each year


Bulgarian Exports Recovering with a 7.4% Rise in July

Bulgarian Exports Recovering with a 7.4% Rise in July

The strong result in July is still not enough to offset the declines recorded earlier in the year


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


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



Mondelēz to invest 40 million dollars in new production line in Bulgaria

Mondelēz to invest 40 million dollars in new production line in Bulgaria

The project in the Svoge-based factory is expected to be completed within two years



Two Arab Bidders for United Group's Telecom Business

Two Arab Bidders for United Group's Telecom Business

Saudi Arabia's STC and UAE's e& have submitted indicative bids for all operators in the group, including Bulgaria’s Vivacom


European prosecutors search Bulgartransgaz office over project for expansion of Chiren gas storage facility

European prosecutors search Bulgartransgaz office over project for expansion of Chiren gas storage facility

The gas storage expansion is estimated to cost 600 million levs and 25% will be financed through EU funds


A Wolf Battue

A Wolf Battue

The Prosecutor's Office and the Anti-Corruption Commission go after Rumen "the Wolf" Gaitansky, Stoyan Mavrodiev - and potentially, Ahmed Dogan himself


Irim: from a small workshop to a major furniture manufacturer

Irim: from a small workshop to a major furniture manufacturer

With a turnover of 100 million levs, the Ruse-based family company is one of the biggest in the sector and exports products to 15 countries