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Bulgarian EnduroSat raises 20M euros to accelerate its growth
The company expects serious revenue growth in 2024, says its founder Raycho Raychev

Oscar-El expands production facilities to handle new large projects
The Bulgarian company will invest 4 million levs to boost its capacity for electrical panels by 40%

Data and people, or how Solvay Sodi is going digital
The ash soda plant in Devnya, winner of the Factory of the Year contest, is transforming the way it works to remain a market leader

The week: Water under the mountain
We destroyed the largest battery we had, Why Bulgaria is stuck, A tax amnesty on the horizon

Clean business: Septona plant in Ruse expands on back of surge in demand
Greek manufacturer of hygiene products like make-up pads and shower gels invests 40 million levs in new buildings and machinery

BlackPeak Capital invests 8 million euros in Vratsa-based Intelligent Security Systems for a 42% stake
The manufacturer of electromechanical components was founded 30 years ago and has 220 employees and 28 million levs in revenue

dormakaba expands production, opens service center and engineering hub in Bulgaria
The Switzerland-based company for access solutions will build a newfactory near Sofia

Podemcrane: from electric hoists for Comecon to global markets
After a long privatization process in the 1990s, the Gabrovo-based company today manufactures industrial cranes and components worth 50 million levs

AI can help quality journalism be an even stronger growth business
Financial Times CEO on why quality journalism is here to stay in the age of AI and the key role of the FT Sofia product and development team in the company’s growth strategy

BrightCap launches second venture capital fund with 60 million euros
The team will look for young software companies in which to invest between 400 thousand and 3 million euros in exchange for shares

Uber shuts its software center in Bulgaria
The Bulgarian office, which developed software for financial documents, will close in September

The week: Lessons in change from Philadelphia, Dirty deeds done dirt cheap, Fibank is for sale
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Festo expands engineering team with second location in Bulgaria
The new R&D center in Gabrovo has 14 specialists and plans to grow

EnduroSat doubles sales in 2023
The Bulgarian nanosatellite producer expects to report some 27 million levs in revenue, new product to be launched soon

A challenging year ahead: Bulgarian IT sector faces uncertain times
A decade and a half of steady growth in the software industry is now at a crossroads

The week: Going nuclear (again)
The new Bulgarian mega-dream, eurozone delayed, Nexo comes back with a vengeance