Bulgaria bets on Israelis to expedite Black Sea gas exploration

OMV Petrom and Israel's NewMed Energy to jointly prospect for gas in the Khan Asparuh block

Day in 3 news: Businesses skeptical of ceiling on food prices; Residential mortgages fall; Sofia Municipality and Veolia seek startup partners

Bulgarian Stock Exchange launches new crowdfunding platform

SpaceCrowd will allow fundraising of up to 5 million euro

Bulgarian EnduroSat raises 20M euros to accelerate its growth

The company expects serious revenue growth in 2024, says its founder Raycho Raychev

The day in 3 news: Offshore fossil fuel search continues; State budget to be passed next week; School principal held in embezzlement case

Economic growth surpasses expectations with 2.8% growth

Household consumption remains a driver, government spending also contributes

The day in 3 news: Bureaucratic filibuster to stall budget; Corruption concerns over missing 500 mln. levs; Vote recount result alters Parliament make-up

Tri-Wall Group to invest 70 million levs in new factory near Plovdiv

The Asian company will begin production of corrugated board and packaging by mid-2026

Day in 3 news: Recount could see Velichie in Parliament; Lukoil dominates sector, but still up for sale; Bozhkov’s gambling trial stalls

The week: The subtle art of outsourcing, wasting water and behaving badly

K Insights newsletter 07/03

Day in 3 news: Cabinet rocked by bust-up with Dogan; PM wants EU recovery money to go to military; Education Ministry allots 1.5m levs to teacher training

Day in 3 news: PM convenes Security Council; Sofia ranks 3rd in employee salaries; Vakarel tunnel pipes already damaged

First Bulgarian IT deal of 2025: Codery acquires Devision

The two software companies will merge operations within a year

Sofia-based airline Fly2Sky reaches top 3 in the sector

The company, which is owned by a Greek and a Ukrainian, has 10 aircraft and revenue of 92 million levs

Day in 3 news: Peevski eyes PM role; Food price inspections begin; Swedish gaming company buys Haemimont Games

Will Bulgaria get an AI factory?

A large data center can be a huge drain on a country’s energy grid

Bulgaria’s software sector grows 16.5% in 2023

A further 12% rise in revenue is predicted for 2024, maintaining the industry’s share at 4.9% of GDP

Day in 3 news: United Group exits non-EU markets; Sofia’s waste collection contracts up for grabs; Bulgarian Minister under fire for attending Russian event

The day in 3 news: Exports fall for 2nd year; Uvionix raises 3.5M USD to expand in US and Europe; BSE launches SpaceCrowd for startup funding