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The week: How to revive the cities, 3 trends to follow, Varna’s polluted beaches
K Insights newsletter 01/09
The founder of the largest Bulgarian insurer has been shot in Sofia
Alexey Petrov - founder of Lev Ins, which insured the reconstruction of Camp Nou, was a visible remnant of the 90s and a key figure in business and politics
WITTE Automotive Bulgaria to double production in Ruse
The company will invest 25 million euro in a new factory, which will open in the middle of 2024
Sofia is becoming software development center for global automotive giants
Visteon, Bosch and Mercedes already have engineering units in Sofia, Volkswagen is exploring the market
Gifts to The Wolf from Borissov’s third cabinet
A concessionaire gets an allowance instead of a penalty, a hotel is speedily being constructed with no documents, and a firm with 150 mln levs in debt is sold for 100 levs
Digital startups get funding, BDB acquires stake in baby-shoe maker, Automotive sector expands near Plovdiv
Short business stories from the past month
Bulgarian automobile market: Growing but getting older
In 2019, the share of diesel engines and vehicles that were more than 20 years old kept increasing
Bulgaria’s new factories
Two-thirds of the largest investment projects are in Northern Bulgaria. The top investor is Germany
Machines and Equipment: the Engine of the Economy
The sector keeps growing, companies increase profits and staff