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The biggest fuel companies: Business thrives on Ukraine war, price hikes

The biggest fuel companies: Business thrives on Ukraine war, price hikes

Revenues of the top 30 companies in the K100 sector ranking rose from BGN 17.7 billion in 2021 to BGN 32.4 billion last year.



What will happen to Bulgaria’s oil market after derogation ends?

What will happen to Bulgaria’s oil market after derogation ends?

The debate is whether the derogation should end immediately or not


The end of fuel exports to Ukraine

The end of fuel exports to Ukraine

The Ukrainian authorities have blacklisted locations such as Burgas, Varna, Plovdiv and Byala. Since early November, the Insa Oil base in Belozem has also been included in the document


A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

Two years after the arrival of Russian oligarch’s son Anton Zingarevich, the finances of the leading Plovdiv football club in Plovdiv are a mystery


Bulgarian diesel exports to Ukraine slow down after initial flourish

Bulgarian diesel exports to Ukraine slow down after initial flourish

The secrets behind the Bulgarian export lies in various local players


Biodiesel maker Astra Bioplant tops fuel sector’s ranking

Biodiesel maker Astra Bioplant tops fuel sector’s ranking

Long-time leader Lukoil Neftochim Burgas drops to fourth position


Fuel exports to Ukraine: neither secret, nor through Lukoil

Fuel exports to Ukraine: neither secret, nor through Lukoil

Bulgaria sold a record volume of fuels to Ukraine in 2022


The new companies within the top 100 of the largest Bulgarian businesses

The new companies within the top 100 of the largest Bulgarian businesses

Few unknown names and a sudden spurt of energy companies made the list


Will Lukoil continue dominating Bulgaria’s petrol market despite sanctions?

Will Lukoil continue dominating Bulgaria’s petrol market despite sanctions?

The war in Ukraine and the EU embargo on Russian oil won’t impact the giant’s hegemony


Bulgaria: More dependent on Russian oil

Bulgaria: More dependent on Russian oil

While diversifying gas supplies is difficult, but feasible task for the state, the same cannot be said about Bulgaria’s reliance on crude oil from Russia



Bulgaria’s heavy industry stays stable in pandemic-marred 2020

Bulgaria’s heavy industry stays stable in pandemic-marred 2020

Most sectors improved their results in 2020 but a surge in energy prices poses a risk to 2021 results


The most dynamic companies: Revenue growth accelerates, construction dominates

The most dynamic companies: Revenue growth accelerates, construction dominates

Total revenue of the top 50 fastest-growing companies rose by 87% in 2020


The last strong year

The last strong year

The revenues and profits of the largest companies in Bulgaria increased rapidly last year but the Covid-19 crisis has put an end to a decade of growth


Top 25 in the fuel sector: The largest companies are at a crossroads

Top 25 in the fuel sector: The largest companies are at a crossroads

The sector performed well in 2018 but key challenges lie ahead – the Sofia Airport concession, the EU decision on trucks and the introduction of the toll tax in Bulgaria


Perestroika at Lukoil Bulgaria

Perestroika at Lukoil Bulgaria

Valentin Zlatev has been replaced after 20 years at the helm of the Russian company’s operations in the Balkan country


Fuels: Loaded with new energy

Fuels: Loaded with new energy

Fuel price growth brings increased revenue to oil companies