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The Cult of Nexo

The Cult of Nexo

How the Bulgarian company convinced itself, its employees and its customers that all accusations against it were a conspiracy - or FUD


Nexo co-founders and executives charged as an organized crime group in Bulgaria

Nexo co-founders and executives charged as an organized crime group in Bulgaria

Charges ignite political firestorm in the country, while the company continues to operate worldwide


The week: The two types of entrepreneurs, How Nexo affected politics, Bulgaria cashes in on the markets

The week: The two types of entrepreneurs, How Nexo affected politics, Bulgaria cashes in on the markets

What stories do we need to tell more



Nexo’s troubles, Bulgaria refuses to close coal plants, Lukoil returns

Nexo’s troubles, Bulgaria refuses to close coal plants, Lukoil returns

Prosecution goes after cryptobank, no chance of gov’t and coal to stay until 2038


Prosecutor's office and SANS raid Nexo's offices

Prosecutor's office and SANS raid Nexo's offices

The investigation centers on money laundering, tax crimes, unlicensed banking and computer fraud



Bulgaria and Turkey reach long anticipated gas agreement including integration of LNG terminals in the EU

Bulgaria and Turkey reach long anticipated gas agreement including integration of LNG terminals in the EU

The deal brings up a lot of questions regarding interconnection and Botas' game in gas geopolitics


The week: Some good vibes for Christmas; Lukoil suddenly is very cooperative; The curious case of Bulsatcom

The week: Some good vibes for Christmas; Lukoil suddenly is very cooperative; The curious case of Bulsatcom

Last K Insights newsletter for 2022


Schengen is shut, Bulgaria needs brain surgeon and which are the country’s biggest businesses

Schengen is shut, Bulgaria needs brain surgeon and which are the country’s biggest businesses

Gov’t mandate roulette kicks off, Boyko is the (old) Messi, K100 business ranking now in English


Russian-owned Lukoil will pay tax in Bulgaria - but with conditions

Russian-owned Lukoil will pay tax in Bulgaria - but with conditions

Lukoil's future in Bulgaria is uncertain, however, Bulgaria's oil dependence on Russia cannot be escaped easily



The week: the train problem, the Austrian surprise and the Russian oil

The week: the train problem, the Austrian surprise and the Russian oil

Trains, cities, and Elon Musk in the Northwest



The week: The land of the wanna-bes, illegal migration makes a bloody comeback, an ex-mayor goes to prison and a singer squats

The week: The land of the wanna-bes, illegal migration makes a bloody comeback, an ex-mayor goes to prison and a singer squats

Dreams and realities, fences and guns, boxers and singers


Top 5 Bulgarian hotel investments in Greece

Top 5 Bulgarian hotel investments in Greece

Three five-star complexes, a campsite with villas and smaller hotels



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GERB wins vote, but unlikely to reign in another fractured Parliament

GERB wins vote, but unlikely to reign in another fractured Parliament

Seven parties crossed the 4% threshold in another inconsequential election with a low turnout