The Cult of Nexo

How the Bulgarian company convinced itself, its employees and its customers that all accusations against it were a conspiracy - or FUD

Nexo co-founders and executives charged as an organized crime group in Bulgaria

Charges ignite political firestorm in the country, while the company continues to operate worldwide

What’s to come: key developments to anticipate in Bulgaria this year

Dates and events to follow in 2023

Prosecutor's office and SANS raid Nexo's offices

The investigation centers on money laundering, tax crimes, unlicensed banking and computer fraud

The largest machinery and equipment companies: Back on the growth track

The leading 45 companies in the sector recorded revenue growth of 23.5%, reaching 10.9 billion levs.

The day in 3 news: Bulgaria invests in new howitzers; WCC’s Denkov does not want a coalition; Wages reach inflation levels in certain sectors

The day in 3 news: VAT remains at 9%; IT sector flourishes; Mellifera raises 1 million levs

The day in 3 news: President’s ratings fall; Business results improve; Borovets is cheapest ski resort in Europe

The day in 3 news: Pension and minimum wage unchanged; WCC and DB will try to form minority gov’t; Elon Musk to visit Bulgaria

What is Bulgaria’s alternative to Russian nuclear fuel?

The Eastern European country is trying to diversify its supplies as others in the region have already done

The day in 3 news: Semerdzhiev trial gets start date; Bulgarian economy slows; Bulgargaz reports losses

The day in 3 news: Exports forecast to slow; Salaries grew in summer by nearly 15%; Pet market grows rapidly

The housing market: the top is near

High demand and low supply drive prices up. War, weakening economies and rising mortgage rates may cool down the market

Hitachi Energy invests 20 million BGN in expansion of Sevlievo plant

The Japanese group manufactures high-voltage components and has 800 employees in Bulgaria

The week: Catching-up with the neighbors and looking for a lost highway

The decisive month for Bulgaria, how we lost tens of millions on a highway, and whom did Stoichkov meet?

First drop in real estate deals in Bulgaria since the pandemic

The number of property sales falls 7% year-on-year in the third quarter, with the contraction in Sofia twice as big

The day in 3 news: Protests in Sofia; Border checkpoint "Captain Andreevo" becomes ‘object of national security’; Bulgarian exports rise by 41.6%

The week: Numbers and why we should love them, elections and census results are out and Schengen maybe?

K insights 07/10: And I guess that’s why they call it the (post-election) blues

Another stalemate looms for Bulgaria

The next parliament will likely bring no resolution to the ongoing political crisis with 6-8 parties engaging in doomed horsetrading

The week: Elections 2022: Pretend nothing’s happening; FDI down, caretaker Gov’t goes LNG

Parties lying low on big issues before vote, Energy Minister shifts stance on LNG and why do people from the "Yellow Cobblestones" cry?