The week: The budget debacle, BETL sink, Schengen opens, GNR to play in Sofia

K Insights 13/12

The day in 3 news: Tax amnesty plan with BDB raises questions; Full Schengen entry for Bulgaria and Romania; Metal sector revenue falls but profit margins nudge up

State bets on 2.8% economic growth and lower wage increases in 2025

Public spending will underpin higher growth rates, private consumption will slow down

The day in 3 news: Syria’s regime change greeted with caution; Aurubis Bulgaria sees profit growth for 2023/24; Avtomagistrali wins new contract without open tenders

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

The day in 3 news: 2025 Draft Budget: A risky path forward; Threat to halt gas transit for Gazprom over debt; Proposed VAT changes for property sales

Data and people, or how Solvay Sodi is going digital

The ash soda plant in Devnya, winner of the Factory of the Year contest, is transforming the way it works to remain a market leader

The day in 3 news: Gov’t funds employee training with 37 mln. euro; House of Strawberries sold for 8 mln. euro; Independent Bulgarian Energy Exchange buys former UBB HQ for 6 mln. euro

K100’s most dynamic companies: grain, asphalt, weapons and more

Revenues of the 50 fastest-growing companies up 166% on average in 2023

Day in 3 News: Parliament breaks deadlock, elects Natalia Kiselova as speaker; State bets on 2.8% growth, lower wage increase in 2025; 10% planned rise in social security contribution

The week: A map of industrial brilliance

Factory of the Year is Solvay, Bulgaria loses some European money, How to destroy a 2000-year-old Basilica

The day in 3 news: Sarafov hearing set for 16 January; Parliament still gridlocked after another failed vote for speaker; University SLAPPs ex-teacher with 650,000 levs claim

BETL: Bulgaria’s newest financial pyramid

A British company promises fabulous profits by renting out batteries to charge phones. More than 12 thousand Bulgarians have already invested in the scheme

Day in 3 News: Ninth attempt to select parliament speaker collapses; Prosecution lets Putinist investigate Gebrev poisoning; Faith in current political model eroding: Radev

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

The Schengen effect: What changes with full membership?

The borders will be open on 1 January 2025, but Bulgaria’s infrastructure will have a hard time absorbing all the traffic

Day in 3 News: Academy of Science appoints first woman head; 3,800 polluting cars violate Sofia clean air zone; EVN Bulgaria to launch EV charging stations network

Guns, auto parts and meds: The K100 new entries

The new and lesser known firms that have made it into Capital’s 2024 ranking of Bulgaria's top 100 businesses

Day in 3 News: No decision on Parliament speaker; IT company buys emblematic Sofia mansion; Factory prices are a mess

The week: Drained to zero

Bulgaria loves a scam, Big trouble brews for TurkStream and a Romanian Tik-Tok warning