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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


Vitosha Venture Partners commits 1.5 million euros across 5 companies

Vitosha Venture Partners commits 1.5 million euros across 5 companies

The VC firm will focus on portfolio development and prepare for the launch of a new fund


Startup recap: What’s new in the local ecosystem

Startup recap: What’s new in the local ecosystem

Here’s everything that happened in the first months of 2024


EnduroSat doubles sales in 2023

EnduroSat doubles sales in 2023

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


Fruit and vegetables: Top firms’ incomes rise, yet problems remain

Fruit and vegetables: Top firms’ incomes rise, yet problems remain

In 2022, the total revenues of the 10 largest companies in the sector exceeded 95 million levs


Sofia expanding with two new residential and commercial areas opposite the Business Park

Sofia expanding with two new residential and commercial areas opposite the Business Park

Owners of restituted land situated in green spaces in existing neigbourhoods will be able to construct residential and office buildings in specially designated new zones


The week: 3 focal points to watch out for post-Schengen

The week: 3 focal points to watch out for post-Schengen

Bulgaria gets a half-Schengen, Peevski gets a half party, and something awful is going on in the police


The biggest fuel companies: Business thrives on Ukraine war, price hikes

The biggest fuel companies: Business thrives on Ukraine war, price hikes

Revenues of the top 30 companies in the K100 sector ranking rose from BGN 17.7 billion in 2021 to BGN 32.4 billion last year.


Bulgaria’s Top 50 Retailers in 2022: Inflation spurs turnovers

Bulgaria’s Top 50 Retailers in 2022: Inflation spurs turnovers

Kaufland remains leader, while Lidl approaches the top with a turnover of nearly 2 billion levs




Why investment activity in Bulgaria is so slow

Why investment activity in Bulgaria is so slow

Low investment rates limit the country’s long-term potential for economic growth




Bulgarian banks' profit soars to 1 bln levs in the first four months of 2023

Bulgarian banks' profit soars to 1 bln levs in the first four months of 2023

Expanding net interest income remains the main growth driver


Niki Rotor Aviation launches new gyrocopter model, plans production expansion

Niki Rotor Aviation launches new gyrocopter model, plans production expansion

In three years, the Pravets-based company will manufacture components in a larger factory


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?



Cupffee's waffle coffee cups raise EUR 1.8 m

Cupffee's waffle coffee cups raise EUR 1.8 m

The Plovdiv-based manufacturer of edible cups works with global clients including Lavazza, Bosch and Lidl