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The Bulgarian unit of Belgium’s Televic to triple production of communications systems
The company will invest 10 million levs in a new plant and add circuit board assembly to its line of business
Will the caretaker gov’t start a U-turn on Russia?
On its second day in office, the new Bulgarian cabinet announced a course towards "containment of the chaos and destruction" in the energy sector. This might well translate as a pivot to Moscow
Bulgaria: further away from Russia’s claws, but still close enough
An unprecedented diplomatic row between Russia and Bulgaria as the latter plunged into a political crisis
The week: Bulgaria’s economy is (surprise, surprise) doing very well, the real estate market - not so much, and some dolphins get religious
Don’t do stupid shit and things are going to get better
The week: The best place to start fighting the corruption, Don’t count a coalition before it’s hatched, Crypto collapse
A fatal crash exposes depth of state capture, No gov’t + crypto layoffs and M&As
Illegal road repairs worth billions
A cross-ministerial probe found that much of the money paid for roadworks and maintenance has been illegally allocated
The IGB project: A game-changer on the Eastern European gas market
The link with Greece is the first project that will really reduce Bulgaria’s dependence on Russian gas
The week: Reform process stalled, EU warns of rising gov’t expenses, and a great week for business
Can the coalition live up to its promises, DIY photovoltaics and good news for "Made in BG" cargo drones
Money for RES for businesses’ own use
Commercial lenders and Bulgarian Development Bank (BDB) provide financing for solar power plants for businesses. Also, there is a funding program with 200 million levs in grants under the Recovery Plan
They know why you didn’t buy
Bulgarian deep data analysis SessionStack raised 750 thousand euro from BrightCap VC and Telerik co-founder Boyko Yaramov
An Indian tale about Bulgarian internet
Nikolay Gorchilov, Victor Frances and Plamen Petkov introduce the Bulgarian internet model to India through the provider Excitel, which already has over half a million subscribers
The electronics company Addit.tech received an investment of 555,000 euros
The company basically offers a way for renting mobile phones and other consumer equipment
The first Bulgarian unicorn
Payhawk, the fintech startup founded by Hristo Borissov and Boyko Karadzhov, was valued at 1 billion dollars after a new investment round led by US fund Lightspeed Venture Partners
Sofia office market in 2021: more new offices, but also more vacant space
Rented office space increased, but vacant area reached a historic peak
Houston, we have a (coalition and inflation) problem - but also a Resilience plan, at last
Ceaseless troubles for the ruling majority; more, yet pricier F-16s on the way & downgraded GDP forecast
The office is changing, OfficeRnD is expanding
The Bulgarian company for managing co-working spaces raised 10 million dollars on a valuation around 50 million dollars
The week: The closed sea, the doubling of the toll system and the end of the pandemic
K insights: we look for good city ideas to finance and we have a special report on the Tech sector