Economic growth surpasses expectations with 2.8% growth

Household consumption remains a driver, government spending also contributes

Energy connectivity is key to future security

Energy innovations and energy grid efficiency were discussed by energy ministers from Bulgaria, Azerbaijan, Moldova, Hungary, and the United Kingdom

Cheaper energy boosts Zlatna Panega Cement’s profit in 2023

The company invested 9.3 million euro, including in a solar power plant covering 10% of its consumption

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

The day in 3 news: Inflation nudges above Maastricht inflation criteria; Moldova’s energy crisis hands Sofia opportunity; Data center powering AI ambitions

Bulgarian furniture output falls to 556 million dollars in 2023

Volume decreased 5% year on year and over 7% on 2021 amid contraction in consumption

The day in 3 news: Inflation up but Eurozone criteria still feasible; EBRD joins Belgian fund in expanding retail park market; Partners eye Sofia’s budget plan

2024: Bulgaria collapses as electricity exporter

The country has produced record amounts of solar electricity, but is losing market share and is increasingly less competitive due to sluggish reforms in the sector.

Day in 3 news: Court sides with mobile operators over price hike; Vivacom to build 3 solar farms; Bulgarians score last in EU in life satisfaction survey

The week: Borissov returns, Euro is around the corner, And Trakia highway is the deadliest in Europe

K insights newsletter 17/01

Day in 3 news: Hands off coal, Maritsa tells EU; Unlikely coalition almost sealed; Energy production down

The economy - more of the same, but somehow different

Normalization of inflation to relatively low levels increases the country's chances of fulfilling the Maastricht criteria and entering the eurozone.

Mondi suddenly bids farewell to Bulgaria

The UK group is closing its paper mill in the town of Stamboliyski, sale is still an option

Oscar-El expands production facilities to handle new large projects

The Bulgarian company will invest 4 million levs to boost its capacity for electrical panels by 40%

The biggest employers: strong wage growth, stagnant hiring

The ranking of the top 200 companies by staff for 2023 shows layoffs in the automotive, bicycle and call center sectors, while IT and supermarket chains keep hiring

State bets on 2.8% economic growth and lower wage increases in 2025

Public spending will underpin higher growth rates, private consumption will slow down

Data and people, or how Solvay Sodi is going digital

The ash soda plant in Devnya, winner of the Factory of the Year contest, is transforming the way it works to remain a market leader

Day in 3 News: Parliament breaks deadlock, elects Natalia Kiselova as speaker; State bets on 2.8% growth, lower wage increase in 2025; 10% planned rise in social security contribution

Day in 3 News: Natural disasters increase by 50% in 2023; Budget deficit contracts by 1.9%; Record electricity imports and prices in November

Drinking water in reservoirs is at critically low levels. Are there solutions?

Nine of our drinking water supply dams are at their lowest levels in decades