Italian Guala Closures fully acquires its factory in Kazanlak

The group has bought out the remaining 30% of the dispenser and cap plant from the Bulgarian founders for 4.6 million euro

The week: Lose your illusions about the euro

The real issue with the euro, Sofia at a standstill, The State enters the retail business

Day in 3 news: Bulgaria’s economy grows; Rapid rise in Bulgarian salaries; Lufthansa Technik bets on Bulgarian IT firm

Bulgaria's Finance Ministry Targets 3% GDP Growth for 2025

The forecast is among the most optimistic, driven by expectations of increased public expenditure and investment

Nestlé invests 44.2 million euro in KitKat chocolate bar production

The new line at the factory in Sofia produces 3 million pieces a day

The day in 3 news: Bulgaria’s shadow economy is EU’s highest; North Macedonian families grateful for Sofia care; Non-alcoholic beer consumption soars

Day in 3 news: New Fiscal Council chairman criticizes BDB; Gas prices to drop by over 14% in April; Industrial sector drags down business climate in March

The week: EU funds: the rise of the cities

A quiet financial revolution, An ex-minister indictment gone wrong, Paying for your religion

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.