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Online Gambling Business’ Revenue Tops One Billion Levs

Online Gambling Business’ Revenue Tops One Billion Levs

Internet betting grew by 12% in 2023. Lower taxation of offline betting creates a new market niche.


Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Global events hit the financial performance of public companies, shrink factory production and effectively cut down state revenue



Machines and equipment: Growth in high gear

Machines and equipment: Growth in high gear

The revenue of the top 70 manufacturers rose by 26% to over 15 billion levs in 2022



The week: Varna’s promise, Sofia’s divide, WCC's suspicious Brussels move, BG Football's dictator moment

The week: Varna’s promise, Sofia’s divide, WCC's suspicious Brussels move, BG Football's dictator moment

K insights newsletter: 10.11


Bulgaria is still a captured state. The machine voting debacle proved it

Bulgaria is still a captured state. The machine voting debacle proved it

The last-minute alteration of the voting rules showed that Bulgaria remains governed by a corrupt Mafia


Local elections, round 1: GERB loses Sofia, keeps Burgas and draws in Plovdiv and Varna

Local elections, round 1: GERB loses Sofia, keeps Burgas and draws in Plovdiv and Varna

The ballot was marred by a fabricated scandal that eliminated machine voting


The week: It’s GERB’s election to lose. Again.

The week: It’s GERB’s election to lose. Again.

Who’s going to run the cities, is there a Recovery Plan at all, what is a Russian-born oligarch doing in Plovdiv


How 400 million levs in uncollected fines contribute to Bulgaria’s road carnage

How 400 million levs in uncollected fines contribute to Bulgaria’s road carnage

The lack of control and sanctions to enforce the right-of-way for pedestrians at crosswalks lead to less revenue for the state - and more casualties




The "Skull" is back: What’s next for fugitive gambling oligarch Vassil Bozhkov

The "Skull" is back: What’s next for fugitive gambling oligarch Vassil Bozhkov

The shady businessman’s self-imposed exile in Dubai ended abruptly - and surprisingly - last Friday



Festo’s Sofia plant to focus on complex devices, non-electronic products’ manufacture to move to Turkey

Festo’s Sofia plant to focus on complex devices, non-electronic products’ manufacture to move to Turkey

The German company will invest 15 million euro in the transformation of its business in Bulgaria



Doing business in Romania: examples of successful Bulgarian companies

Doing business in Romania: examples of successful Bulgarian companies

Which are the Bulgarian companies that reap the benefits of the closeness to one of the fastest growing European markets