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E-commerce keeps Bulgaria’s courier service market buoyant in 2022

E-commerce keeps Bulgaria’s courier service market buoyant in 2022

The revenues of the top 20 companies in the sector reached 1.175 billion levs


Dronamics, Bulgaria’s first drone airline

Dronamics, Bulgaria’s first drone airline

The Bulgarian startup recently secured an equity investment of 10 million euro from the EIC


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.



Vivacom Takes Over Bulsatcom in Bulgaria's Largest Telecom Merger

Vivacom Takes Over Bulsatcom in Bulgaria's Largest Telecom Merger

The largest merger in Bulgaria's telecom industry has received swift approval from the regulator without any conditions, yet not without others’ protests





Industrial Property Market in Bulgaria Faces Drop in Transactions Due to High Rental Prices

Industrial Property Market in Bulgaria Faces Drop in Transactions Due to High Rental Prices

The industrial property market froze in the middle of the year, but forecasts suggest a revival is on the horizon.


Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years

In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.


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


Leading telco Vivacom willing to buy Bulsatcom, A1 and Yettel object

Leading telco Vivacom willing to buy Bulsatcom, A1 and Yettel object

The deal for the paid TV operator had sparked a heated dispute between the telcos


The end of fuel exports to Ukraine

The end of fuel exports to Ukraine

The Ukrainian authorities have blacklisted locations such as Burgas, Varna, Plovdiv and Byala. Since early November, the Insa Oil base in Belozem has also been included in the document


The week: Emperor Mihaylov lets Sofia burn

The week: Emperor Mihaylov lets Sofia burn

The 1989 of Bulgarian Football, Economy slows down, The ups&downs of Burgas


Ficosota to invest 30 million euro in new bruschetta bakery

Ficosota to invest 30 million euro in new bruschetta bakery

The factory will start operating in 2025, pushing the annual sales of the product to 400 million levs



Winter is coming: Bulgaria levies 10 euro per MWh tax on Russian gas transport and transit in Europe

Winter is coming: Bulgaria levies 10 euro per MWh tax on Russian gas transport and transit in Europe

Bulgaria adopts tariff on Russian gas that might see the price of Russian gas supplies soaring throughout Europe


Bulgaria’s coal transition triggers massive protests and political tension: Miners say no, market says yes

Bulgaria’s coal transition triggers massive protests and political tension: Miners say no, market says yes

The biggest coal transition in Bulgaria is set to begin but political tension is rising rapidly



The blockade of the Danube Bridge

The blockade of the Danube Bridge

The estimated value of the repairs is BGN 21 million and will take 2 years to finish. Meanwhile, there is no alternative route