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The week: More than one storm brewing in the Black Sea, Brussels’ pressure and TurkStream revelations
Bulgaria, where natural catastrophes meet ungovernability
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
Machines and equipment top 40 companies: Virus in the system
After years of constant growth, revenue fell in 2020 due to the pandemic
The week: A very expensive winter is coming, the "disrupters" enter the political center and new cars sales grow fast
GERB, salaries and energy bills all head north
Exports in crisis: A boost from copper
Sales of Bulgarian goods abroad decreased by 6.4% last year because of the coronavirus crisis
Wealthier, spending less and slowly recovering: the Bulgarian economy at the end of 2020
Unsurprisingly, GDP shrank in the fourth quarter. Wages were up, exports made a surprising comeback in December, and deflation will return for a while
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
Investment projects worth 1.3 billion levs were announced last year, up 500 million levs on 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
Penalty mark for Bulgaria’s Green Card insurance
The European insurance regulator has probed the ongoing issue of compensations paid in Bulgaria in the event of road accidents abroad
Why doesn’t VW want to park in Bulgaria?
Europe’s largest automaker, Volkswagen, has yet to decide where to build its new production facility but Turkey seems favorite
Stara Zagora: The Unexpected Champion
The local economy recorded the highest growth rate among all Bulgarian regions in the past decade
What should Bulgaria expect from the euro?
It is now clear that euro zone membership has improved the economic performance of new member states
SEE TOP 100 ranking: Southeast Europe’s top companies rake in record sales, Bulgarian businesses keep pace
The SEE TOP 100 annual ranking published by business intelligence provider SeeNews comprises the biggest companies by total sales in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Moldova, Montenegro, Romania, Serbia and Slovenia
Machines and Equipment: Breaking New Records
Ideal Standard’s businesses in Sevlievo are focusing on growth after being acquired by Anchorage Capital earlier this year.
Made in Bulgaria: Auto parts, arms and copper
Bulgarian exports of capital goods are on the rise but without fresh investments the sector will soon reach its limits
Textile and Apparel: Shortage of Hands amidst Plentiful Orders
The revenues of the largest companies in the sector grew by 7%. Exports from the sector rose at the same rate to 3.86 billion levs with 30% generated by the top 20 firms.
Software: Bulgarian Companies Boost their Presence
Tech companies slightly slow down their revenue growth, new trends emerge
Machines and Equipment: the Engine of the Economy
The sector keeps growing, companies increase profits and staff
The biggest employers: Labor shortage weighs
The one hundred companies with the highest number of employees created over 8,500 new jobs last year. Export industries led the rise again but domestically oriented companies also reported growth.