Hotusa Group’s brand replaces Best Western by renting its former City Hotel Sofia
A summer of scorching heat and forest fires across the mountainous country put people and nature at risk, highlighting the need for the state to be better prepared
The Bulgarian economy may return to pre-crisis growth rates as early as the fourth quarter of 2021 but the recovery process is uneven
The president of Lukoil is behind the fund that bought Bulgaria Mall and office buildings in 2018
Digital startups get funding, BDB acquires stake in baby-shoe maker, Automotive sector expands near Plovdiv
Short business stories from the past month
Unsurprisingly, GDP shrank in the fourth quarter. Wages were up, exports made a surprising comeback in December, and deflation will return for a while
Shortly before the start of its concession contract, state-owned Sofia Airport unveiled a plan to drastically raise its fees. Complaints from the biggest airlines using the airport put the plan on hold until after the general election expected in March.
The sharpest economic drop on record was expected to be followed by a quick recovery. The third quarter is not looking so good though.
Bulgaria’s economic growth slows to six-year low of 2.4% in the first quarter of 2020. Timid signs of recovery can already be seen but it is still too early for optimism
Since the start of the year, the Ministry of Finance has been briskly selling government bonds amidst strong investor interest