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IT entrepreneur Vasil Terziev is the new Sofia mayor. What does he propose?

IT entrepreneur Vasil Terziev is the new Sofia mayor. What does he propose?

His program suggests reforms geared towards transformation of Sofia's governance and infrastructure


The week: Ursula to the rescue, charging stations are coming, Schengen and other pipe dreams

The week: Ursula to the rescue, charging stations are coming, Schengen and other pipe dreams

The dangers of indecision



Cupffee's waffle coffee cups raise EUR 1.8 m

Cupffee's waffle coffee cups raise EUR 1.8 m

The Plovdiv-based manufacturer of edible cups works with global clients including Lavazza, Bosch and Lidl


The top ten owners of office buildings in Sofia

The top ten owners of office buildings in Sofia

They own 600 thousand square meters of offices in Sofia or half of the total available 1.24 million square meters of class A areas in the capital.



Bulgarian e-bike makers Leader-96, Eljoy to grow with new investors

Bulgarian e-bike makers Leader-96, Eljoy to grow with new investors

The market in Europe is projected to triple by 2030


The week: Reform process stalled, EU warns of rising gov’t expenses, and a great week for business

The week: Reform process stalled, EU warns of rising gov’t expenses, and a great week for business

Can the coalition live up to its promises, DIY photovoltaics and good news for "Made in BG" cargo drones


They know why you didn’t buy

They know why you didn’t buy

Bulgarian deep data analysis SessionStack raised 750 thousand euro from BrightCap VC and Telerik co-founder Boyko Yaramov


Destination "Silicon Valley"

Destination "Silicon Valley"

Bulgaria Innovation Hub helps Bulgarian companies enter the US market


The first Bulgarian unicorn

The first Bulgarian unicorn

Payhawk, the fintech startup founded by Hristo Borissov and Boyko Karadzhov, was valued at 1 billion dollars after a new investment round led by US fund Lightspeed Venture Partners


The office is changing, OfficeRnD is expanding

The office is changing, OfficeRnD is expanding

The Bulgarian company for managing co-working spaces raised 10 million dollars on a valuation around 50 million dollars


Bulgaria is looking for a unicorn

Bulgaria is looking for a unicorn

In 2022 or 2023 there will be at least one Bulgarian startup with valuation over 1 billion dollars


New investment values Bulgaria’s Payhawk at 570 million dollars

New investment values Bulgaria’s Payhawk at 570 million dollars

San Francisco-based Greenoaks provides half of the fresh funding of 112 million dollars


The Week: A shipwreck of a state, record low interest rates and how to find friends in Bulgaria

The Week: A shipwreck of a state, record low interest rates and how to find friends in Bulgaria

COVID-19 mortality is still very high, a 30% rise in gas prices


Bulgarian-founded fintech startup valued at $80m

Bulgarian-founded fintech startup valued at $80m

US-based QED Investors led the largest Series A funding round so far for a Bulgarian startup - 32m levs


Bulpros: Bulgaria’s third-biggest M&A deal in IT

Bulpros: Bulgaria’s third-biggest M&A deal in IT

The largest locally-owned software company Bulpros is to merge with German partner ec4u and become majority-owned by European fund Silverfleet Capital


Bulgaria’s biggest fintech deals

Bulgaria’s biggest fintech deals

Fintech companies’ strong growth draws interest from investors and VC funds


The deals of 2020: Few and far between

The deals of 2020: Few and far between

The pandemic practically froze the M&A market. Buyers are still mostly local faces


Digital startups get funding, BDB acquires stake in baby-shoe maker, Automotive sector expands near Plovdiv

Digital startups get funding, BDB acquires stake in baby-shoe maker, Automotive sector expands near Plovdiv

Short business stories from the past month