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Will Bulgaria get an AI factory?

Will Bulgaria get an AI factory?

A large data center can be a huge drain on a country’s energy grid





Bulgaria's new factories for 2024: How has the industrial landscape changed

Bulgaria's new factories for 2024: How has the industrial landscape changed

Amongst a sharp dip in investments during 2024 there have been a few that have also withdrawn entirely from the country


The biggest employers: strong wage growth, stagnant hiring

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


Foreign companies in Bulgaria: a small but important boost to the economy

Foreign companies in Bulgaria: a small but important boost to the economy

In 2022, they generated 15.5 billion euro added value and provided more than 400,000 jobs, Eurostat data show




Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Structural problems affecting Bulgaria’s largest trading partner will affect local industries that fail to adapt and diversify their clients


Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Rising Wages, Lagging Productivity: The End of Bulgaria’s Cheap Labor Advantage

Income growth in Bulgaria outpaces labor productivity by far, signaling the end of the low-cost labor model



Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun

Bulgaria’s 2025 Budget Faces Challenges with a Significant Expenditure Overrun

Budget revenues are growing at a much slower pace than expenditures, while EU funds remain elusive for now


Stabilization of the Office Market in Sofia Ahead of a New Wave of Projects in 2025

Stabilization of the Office Market in Sofia Ahead of a New Wave of Projects in 2025

In the next two and a half years, approximately 220,000 square meters of new offices are expected to be completed.


The week: Rocket men or how we are sabotaging ourselves

The week: Rocket men or how we are sabotaging ourselves

5 bln. euros down the drain, A Bulgarian military drone, and Peevski's list is out


Fitness fever: Next Level acquires Flais for 15 million euro

Fitness fever: Next Level acquires Flais for 15 million euro

The buyer is part of the Multisport group and one of the largest fitness club owners in Bulgaria



EnduroSat expanding in a building it bought for 20-21 million euro

EnduroSat expanding in a building it bought for 20-21 million euro

The property in Sofia that once housed the Bulgarian HQ of Greece’s Alpha Bank, has been vacant for eight years because of a lawsuit between the lender and the Bulgarian Academy of Sciences who owned the land underneath


More foreign workers are coming to Bulgaria but there are still many vacancies

More foreign workers are coming to Bulgaria but there are still many vacancies

Turks save seasonal employment, and Kyrgyz people are employed in hotels and restaurants, but this is not solving the personnel shortfall