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The week: Belgrade, Budapest and the perils of short-memory
Fires and revolutions in the Balkans; A 3 bln leva road, and VMware sheds a thousand workers
BRAIN++ and Bulgaria’s bid for AI relevancy
With funding from the state and the EU, INSAIT Sofia Tech Park will build a center that will give access to local businesses and administration for great computational power
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
Bulgarian EnduroSat raises 20M euros to accelerate its growth
The company expects serious revenue growth in 2024, says its founder Raycho Raychev
The week: And justice for all?
The democratic facade comes crumbling down, an AI factory is coming, and hopefully, some trains at last
Economic growth surpasses expectations with 2.8% growth
Household consumption remains a driver, government spending also contributes
Constitutional Court declares that state institutions sabotaged election recounting case
The Prosecution has seized all election materials on the case, barring the Court from accessing the data that would allow it to make a final ruling
The European Health Card can now be issued easily online
Applying for the document is via the Ministry of Electronic Governance website and you can receive the card by post
The week: The subtle art of outsourcing, wasting water and behaving badly
K Insights newsletter 07/03
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
New Apartment Sales in Bulgaria Rise 7% in 2024
Sofia sees 10% growth with nearly 30,000 homes sold, of which 73% are purchased with mortgages
Bulgaria to ask for euro assessment by the end of February
The announcement comes after probing the chances with the Eurogroup, which augurs positive reports and eurozone entry from 2026.
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