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K100 2024: Stagnation after the boom for Bulgaria’s largest firms

K100 2024: Stagnation after the boom for Bulgaria’s largest firms

The new annual edition of Capital 100 ranking shows that the revenues of the top 100 companies shrank by 14% last year after the boom in the energy sector in 2022. The star businesses of 2023 are arms, cars and solar


Lukoil: outbidding Bulgarian business is just starting

Lukoil: outbidding Bulgarian business is just starting

More than a dozen contestants, including KazMunayGas, Socar and MOLD, still vie for the future of the Russian group's assets in the country


Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Structural problems affecting Bulgaria’s largest trading partner will affect local industries that fail to adapt and diversify their clients


BlackPeak Capital invests 8 million euros in Vratsa-based Intelligent Security Systems for a 42% stake

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


Bulgarian Exports Recovering with a 7.4% Rise in July

Bulgarian Exports Recovering with a 7.4% Rise in July

The strong result in July is still not enough to offset the declines recorded earlier in the year



Aurubis embarks on its biggest investment program in Bulgaria

Aurubis embarks on its biggest investment program in Bulgaria

Tankhouse expansion, 30 MW of solar parks and other projects will be completed by the end of 2027



The week: Brace, the rotation is coming

The week: Brace, the rotation is coming

The Suddenly-important Ministry, More Russian spies pop up, and Meta buys a company



Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Global events hit the financial performance of public companies, shrink factory production and effectively cut down state revenue


Bulgaria’s new factories in 2023: Part I (The South)

Bulgaria’s new factories in 2023: Part I (The South)

The value of the 15 biggest projects in the industrial sector reached BGN 4.4 bln in 2023


Economic Trends That Will Impact Bulgaria in 2024

Economic Trends That Will Impact Bulgaria in 2024

Four leading Bulgarian economists highlight the most significant trends of 2023.


Largest metal producers: First signs of cool-down

Largest metal producers: First signs of cool-down

The revenue growth of the top 30 companies in the sector slowed to 22% in 2022


The week: To leave or not to leave, that’s Lukoil’s question

The week: To leave or not to leave, that’s Lukoil’s question

Russian oil derogation shenanigans, Bulgarian PISA tower crumbles, good times for bankers and farmers


The week: The black-hole constellation

The week: The black-hole constellation

New mayors are in - money is out, who owns the Interior Minister and more chess champions


Top earners of 2022

Top earners of 2022

Metals, chemicals, energy, weapons and a bit of gambling business: an unsurprising mix during a year marked by Russia's war on Ukraine