BRAIN++ and Bulgaria’s bid for AI relevancy

With funding from the state and the EU, INSAIT Sofia Tech Park will build a center that will give access to local businesses and administration for great computational power

The day in 3 news: Bureaucratic filibuster to stall budget; Corruption concerns over missing 500 mln. levs; Vote recount result alters Parliament make-up

The day in 3 news: Court returns case against Petyo "the Euro" Petrov; Vidin's industrial zone seeks contractor; Former customs chief’s trial is stalled

Mortgage lending boosts Bulgarian banks’ 2024 profit to 3.7 bln levs

DSK, Unicredit Bulbank lead the ranking with nearly a billion levs in profit each

Bulgarian furniture output falls to 556 million dollars in 2023

Volume decreased 5% year on year and over 7% on 2021 amid contraction in consumption

Paying the Trump military tax: What weapons systems could Bulgaria buy from the US?

Borissov's tripartite coalition will probably try to please the US once again with new defense deals

Aurubis Bulgaria's profit rises to 392 million levs in FY 23/24

The financial results were expected, as the plant did not shut down for scheduled maintenance

The week: Why cities need problem-solving capabilities

The capability gap, Euro (still) on the horizon, More state aid for business

The week: Borissov returns, Euro is around the corner, And Trakia highway is the deadliest in Europe

K insights newsletter 17/01

Draft Budget 2025 Stuck in Limbo

For now, there is no parliamentary majority to advance the controversial draft budget of the caretaker cabinet to a vote.

Over 40% of businesses expect 2025 to be worse – BIA survey

Glavchev’s caretaker cabinet has the approval of 21% of respondents, the judiciary garners only 1%, trust in parliament stands at 0%

The week: Schengen will transform Bulgaria, Business says it will die without state aid, What’s an Old Style Church?

The year: 2025 is here with open borders, electricity cuts, gas shortages, and a hope for peace

K Insights: 03/01/25

Day in 3 news: EC criticises local digital skills; Bulgarian gang arrested for cable theft in Germany; Electricity price moratorium proposals

Day in 3 news: Business grows uneasy over political crisis; Real estate market to cool in 2025; Kaufland opens new store

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

Global pizza chain Papa Johns enters Bulgaria

The first three outlets in Sofia are due to open by the end of the year, with expansion to other cities to follow

The day in 3 news: 10% domestic electricity price hike likely in New Year; Sarafov stirs tensions with political moves; Mining sector rails against tax change

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

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