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Bulgaria has utilized only 4% of European funds since 2021

Bulgaria has utilized only 4% of European funds since 2021

For the first time since joining the EU, Bulgaria has got along with almost no European funding for several years


Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.


How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

Turkstream used offshore companies and the financial capacity of Gazprombank


Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria

Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria

Residents of the villages of Sbor and Apriltsi in the Pazardzhik region claim that their lands have been expropriated by a company owned by Ginka Varbakova. There are also more than 20 complaints filed with the prosecution.


Fruit and vegetables: Top firms’ incomes rise, yet problems remain

Fruit and vegetables: Top firms’ incomes rise, yet problems remain

In 2022, the total revenues of the 10 largest companies in the sector exceeded 95 million levs


Bulgaria bets it all on Kozloduy nuclear project, but building two reactors could be harder than politicians pretend

Bulgaria bets it all on Kozloduy nuclear project, but building two reactors could be harder than politicians pretend

The issue of costs is also a key issue on which the selling price of electricity will then depend, but let's hear what the key figures have to say


An (un)holy audit

An (un)holy audit

A rare financial inspection by the Revenue agency created consternation within the Bulgarian Orthodox Church


Energy Summit 2024 will discuss the future of Bulgaria and the region

Energy Summit 2024 will discuss the future of Bulgaria and the region

The conference will bring many speakers from Europe and the energy business


The biggest pharmaceutical companies: a duo joins the billion-dollar club

The biggest pharmaceutical companies: a duo joins the billion-dollar club

Two drug distributors - Sopharma Trading and Phoenix Pharma - crossed the BGN 1 billion mark for the first time in 2022



The week: What a pyrolysis installation in Plovdiv teaches us about trust and business

The week: What a pyrolysis installation in Plovdiv teaches us about trust and business

Corruption is bad for business, Tony Blair is here to help and NATO steps in for the infrastructure


Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.


Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Finance ministry targets 3.2% GDP growth, sees inflation at 4.8%


The biggest construction companies: boom in real estate, slump in road building

The biggest construction companies: boom in real estate, slump in road building

The top 40 companies have an average revenue growth of just 4%, unlike all other thriving sectors


Winter is coming: Bulgaria levies 10 euro per MWh tax on Russian gas transport and transit in Europe

Winter is coming: Bulgaria levies 10 euro per MWh tax on Russian gas transport and transit in Europe

Bulgaria adopts tariff on Russian gas that might see the price of Russian gas supplies soaring throughout Europe


The week: Bulgaria's coal reckoning - this is not the 80's

The week: Bulgaria's coal reckoning - this is not the 80's

Why Stara Zagora is no Yorkshire, what the hell is happening on the housing market and a Bright Mind


A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

Two years after the arrival of Russian oligarch’s son Anton Zingarevich, the finances of the leading Plovdiv football club in Plovdiv are a mystery


The 50 most dynamic companies: Another burst of energy

The 50 most dynamic companies: Another burst of energy

Revenues of the fastest-growing large companies jumped by an average of 139% in 2022


Why investment activity in Bulgaria is so slow

Why investment activity in Bulgaria is so slow

Low investment rates limit the country’s long-term potential for economic growth


From BGN 1.6 billion to BGN 307 million - how Kozloduy NPP's profits collapsed

From BGN 1.6 billion to BGN 307 million - how Kozloduy NPP's profits collapsed

The average selling price of nuclear electricity falls by 51% to BGN 163.86/MWh in the first half of 2023.