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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


Black Sea gets more expensive and more Russian

Black Sea gets more expensive and more Russian

The northern part of the Black Sea has practically lost its access to maritime transport as the Russian war on Ukraine has increased insurance costs


Tanks, refugees and unicorns - last week was one to remember

Tanks, refugees and unicorns - last week was one to remember

The Russian counterattack in the EU and Bulgaria is just starting. We have a unicorn startup, though


The biggest companies in metallurgy: on the crest of a price wave

The biggest companies in metallurgy: on the crest of a price wave

Last year was strong for gold and copper yields, but the output of other metal producers fell. Despite the pandemic-induced crisis net sales of the sector’s leading firms are up


The biggest companies in 2020: New model, new champion

The biggest companies in 2020: New model, new champion

Bulgaria’s biggest companies were only mildly hit by the coronavirus. Total revenue of the top 100 firms decreased by just 7% in 2020.


The silent gas war Russia is winning

The silent gas war Russia is winning

After decades of dictating the natural gas imports in Bulgaria, the Russians are intent on entering the internal market and reshaping the sector



Why Burgas is still catching-up with other big cities

Why Burgas is still catching-up with other big cities

The Black sea urban center looks for potential new investors in high-tech manufacturing to attract employees from the apparel and food industries


Construction business: the largest builder in Bulgaria

Construction business: the largest builder in Bulgaria

How Veliko Zhelev turned his Hidrostroy company into an empire



Bulgaria and Russia: a tale of two palaces

Bulgaria and Russia: a tale of two palaces

The Black Sea mansions of Vladimir Putin and Ahmed Dogan reveal a lot about the systems they created



Ten years later: From bust to boom

Ten years later: From bust to boom

Ten years ago, business collapsed as a result of the global financial crisis; survivors now enter into a new hard season By Tedy Vasileva


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


Ruse: Northern Bulgaria's Caged Tiger

Ruse: Northern Bulgaria's Caged Tiger

Adverse demographic trends and infrastructure constraints limit the city's significant economic potential


Bulgaria’s biggest companies post slower sales growth than regional peers in 2018

Bulgaria’s biggest companies post slower sales growth than regional peers in 2018

Oil refinery Lukoil Neftochim Burgas second biggest loser in Southeast Europe


How much has Dr. Ruja pocketed?

How much has Dr. Ruja pocketed?

Until the fall of 2016 the OneCoin scheme earned 3.3 billion euro with a profit of 2 billion euro


The Burgas riddle

The Burgas riddle

The region finds it hard to expand beyond tourism despite its strong economic profile, good infrastructure and quality of life


A coastal city willing to grow

A coastal city willing to grow

Life is boiling in Burgas only during summer