The day in 3 news: MECH could be restored to parliament; Business demands police reforms; Massive cocaine haul on banana shipment in Burgas

Will Bulgaria get an AI factory?

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

Day in 3 news: Industrial Park in Svishtov Nears Construction; WCC-DB Demand Equal Pension Contributions for Public and Private Sector Workers; EU Takes Bulgaria to Court Over Bad Loan Directive

Day in 3 news: Burgas port breakwater repair will cost 40m levs; Businesses will return electricity compensation aid; State owes 4 billion to local service providers

Day in 3 news: State theaters get 15m levs; Builders and tailors are needed; Soros commission rejected

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Amongst a sharp dip in investments during 2024 there have been a few that have also withdrawn entirely from the country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

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

The day in 3 news: Gov’t funds employee training with 37 mln. euro; House of Strawberries sold for 8 mln. euro; Independent Bulgarian Energy Exchange buys former UBB HQ for 6 mln. euro

Day in 3 News: Parliament breaks deadlock, elects Natalia Kiselova as speaker; State bets on 2.8% growth, lower wage increase in 2025; 10% planned rise in social security contribution

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

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

The day in 3 news: Bulgaria backs offshore migrant centers; Layoffs surge across most industries; BG-Alert test is damp squib

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

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

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

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

The day in 3 news: Russian tankers fuel local ships; No Bulgarian connection to exploding pagers; Labor costs surge

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

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