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Bulgaria Economic Trends: Wage Growth Slowing Down

Bulgaria Economic Trends: Wage Growth Slowing Down

Wage increases are expected to decelerate this year, ranging between 5% and 14%


Private equity fund BlackPeak gets nearly 30% stake in Bianor

Private equity fund BlackPeak gets nearly 30% stake in Bianor

The technology holding plans to use the freshly raised capital for new acquisitions


The week: GERB makes a comeback

The week: GERB makes a comeback

The return of Borissov, Saudis eye a telecom & TV channel and the Missing Cryptoqueen’s drug lord


Why doesn't Bulgaria have a railway?

Why doesn't Bulgaria have a railway?

The growing demand for adequate rail transport outpaces the speed of the Bulgarian State Railways


The week: The Accountant and Srebrenica

The week: The Accountant and Srebrenica

Glavchev The Sudden Diplomat, Long work hours and a belated Tsar’s burial


American EXIM Bank will finance new Bulgarian reactors at Kozloduy NPP

American EXIM Bank will finance new Bulgarian reactors at Kozloduy NPP

EXIM Bank can also finance up to 40% of the Bulgarian share


Uber shuts its software center in Bulgaria

Uber shuts its software center in Bulgaria

The Bulgarian office, which developed software for financial documents, will close in September


First Investment Bank up for sale - sources

First Investment Bank up for sale - sources

UniCredit Bulbank and Postbank vie to acquire Bulgaria’s fifth largest lender


Schneider Electric to build second factory near Plovdiv

Schneider Electric to build second factory near Plovdiv

Investment in the project’s first phase costs 107 million levs, production to start in 2025



Chinese auto parts manufacturer to build factory in Bulgaria

Chinese auto parts manufacturer to build factory in Bulgaria

Shanghai Unison Aluminium Products to invest 11 million levs in a factory in Plovdiv


The week: Why we no longer need EU cash

The week: Why we no longer need EU cash

Who needs Europe's money? Or a Foreign Minister? Kozloduy gets US nuclear fuel


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




How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

Turkstream used offshore companies and the financial capacity of Gazprombank


Rotation failed: Another early vote looms

Rotation failed: Another early vote looms

On Sunday, PM-designate Mariya Gabriel announced that she is withdrawing her nomination, GERB and MRF called for elections.


Online Gambling Business’ Revenue Tops One Billion Levs

Online Gambling Business’ Revenue Tops One Billion Levs

Internet betting grew by 12% in 2023. Lower taxation of offline betting creates a new market niche.


DIY chains: another boom in sales

DIY chains: another boom in sales

Bulgaria’s top five retailers project further revenue growth in 2023 after a strong 2022