The week: An eagle has finally landed. Is it too late?

Defense modernization in slow motion, GDP crawls up towards EU average and a Discoverer+ supercomputer

RUBIN GLASS has established itself as a preferred and reliable European partner*

Nikolay Mochev, CEO of Rubin Trading, tells Capital Weekly

Day in 3 news: No troops to Ukraine, Income grows faster than expenses, Sofia contender for Democratic Capital

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

The biggest Bulgarian companies building photovoltaics

The emerging sector already employs about 4,500 people, with local companies operating across Europe and around the globe

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

State bets on 2.8% economic growth and lower wage increases in 2025

Public spending will underpin higher growth rates, private consumption will slow down

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

Bulgaria’s 2025 Budget: We Have a Problem

Instead of voting for more populism-driven spending, parliament has to consider unpopular measures to tighten state finances

Day in 3 news: No new taxes, but a tax amnesty; Bulgaria ranks last for part-time work; Borissov wants talks with WCC-DB but is unhappy

Chinese platforms Shein and Temu hit Bulgarian traders

Second-hand goods stores report 15% drop in sales, shut down outlets

Day in 3 News: Vitosha factory site will be apartment complex; Labor market stagnates; End of year spending must be curbed for Eurozone goals

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 week: Why Nations Fail in football and elections

One night in Belfast, What is wrong with the Air Force, Varna ex-mayor is sinking

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

The day in 3 news: BDZ unveils new train routes; Inflation decreases; More women in managerial positions

Solarpro and CMC Europe to build Rezolv’s 229 MW solar park near Silistra

The project will cost some 250 million levs and will be completed in 2025

A perfect storm: why Pleven’s Leoni is closing

The German automotive cable supplier faces a volatile market, rising labor costs and a shortage of workers

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