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Festo expands engineering team with second location in Bulgaria

Festo expands engineering team with second location in Bulgaria

The new R&D center in Gabrovo has 14 specialists and plans to grow


Jun Young-Jun, CEO of Hyundai E&C: We Will Engage 10,000 Workers for the New Reactors at the Kozloduy NPP

Jun Young-Jun, CEO of Hyundai E&C: We Will Engage 10,000 Workers for the New Reactors at the Kozloduy NPP

"Securing competitive financing will be crucial for the success of the project," says the CEO of the Korean company in an interview


The week: Finally, some money for the cities

The week: Finally, some money for the cities

Money for the regions, Mud for political enemies, Solar for our neighbors


Bulgaria bets it all on Kozloduy nuclear project, but building two reactors could be harder than politicians pretend

Bulgaria bets it all on Kozloduy nuclear project, but building two reactors could be harder than politicians pretend

The issue of costs is also a key issue on which the selling price of electricity will then depend, but let's hear what the key figures have to say


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


Belgium’s ABEE proposes to invest 1.1 billion euro in gigafactory in Bulgaria

Belgium’s ABEE proposes to invest 1.1 billion euro in gigafactory in Bulgaria

The project includes a Li-ion battery plant in Stara Zagora, a recycling facility in Burgas and an R&D center in Plovdiv


The week: Going nuclear (again)

The week: Going nuclear (again)

The new Bulgarian mega-dream, eurozone delayed, Nexo comes back with a vengeance



Bulgaria’s new factories in 2023: Part I (The South)

Bulgaria’s new factories in 2023: Part I (The South)

The value of the 15 biggest projects in the industrial sector reached BGN 4.4 bln in 2023


Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.




The week: The mystery of the Bulgarian housing market

The week: The mystery of the Bulgarian housing market

The (very) strange Bulgarian housing market, a not so strange election and a bag of coke


New automotive investment projects score hattrick exceeding 100 million levs

New automotive investment projects score hattrick exceeding 100 million levs

Austria’s GG Group, Netherlands-based Nedschroef Holding and Germany’s Sulzer are launching operations in Bulgaria


Sofia Airport to have new look in 2030

Sofia Airport to have new look in 2030

The concessionaire will renovate Terminal 2 and build a new one next to it


Bulgaria takes big step towards a new Westinghouse nuclear reactor

Bulgaria takes big step towards a new Westinghouse nuclear reactor

Bulgaria's willingness to go with Westinghouse seems like a consequence of the Ukraine war


The week: Ursula to the rescue, charging stations are coming, Schengen and other pipe dreams

The week: Ursula to the rescue, charging stations are coming, Schengen and other pipe dreams

The dangers of indecision


The week: First red flags for the new majority, Geshev’s last stand and a dead man crossing borders

The week: First red flags for the new majority, Geshev’s last stand and a dead man crossing borders

Is the second "historic compromise" going to end up like the first?


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


Need a windfall tax? Look at the Bulgarian nuclear money-making machine

Need a windfall tax? Look at the Bulgarian nuclear money-making machine

Kozloduy NPP is one of the most profitable companies in South-East Europe