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Bulgaria: More dependent on Russian oil
While diversifying gas supplies is difficult, but feasible task for the state, the same cannot be said about Bulgaria’s reliance on crude oil from Russia
Bulgaria’s liberation from Russian gas
The apocalypse dreaded by many after Gazprom stopped its supplies to Bulgaria did not materialize – on the contrary, it became clear that Sofia can reduce its dependence on Moscow gas
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
Blockchain tourists
The Bulgarian company LockTrip raised a 4.1 million dollars investment from Australian tourism giant Webjet
Bulgaria’s GullivAir considering direct flights to the U.S.
Bulgarian carrier GullivAir intends to launch a direct route to the United States
The war for sunflower oil and Bulgaria’s role in the market
In Bulgaria, the sunflower oil business was worth close to 1.5 bln levs (767 million euro) last year
From high school to the telecom industry
Bulgarian startup MYX, founded by Sofia Mathematics High School alumni, develops digital twins for the telecom sector
The week: Borissov arrested, Central Bank chairmanship tears the coalition, Resilience Plan still not ok
Former PM Borissov arrested, Guerilla war over BNB shakes the coalition and the Plan is still NOT alright
Chaos Software - from Oscars to a merger
The Bulgarian company will merge with German-based Enscape. US-based TA Associates and the German LEA Partners will control the newly created player
Bulgarian banks’ profit rises to 1.4 billion levs in 2021
Lower impairment costs, decreased contributions to guarantee funds and the credit moratorium boosted annual profit by 600 million levs
SiteGround: Creating Bulgaria’s biggest IT company
The founder Ivo Tsenov and the CEO Tenko Nikolov talk about their business, why the team matters and why they opted to stay in Bulgaria
The week: It's all going well if you are a bank, but not if you're a mayor, and a small village has a big waste problem
The honeymoon ends fast for the new government, economic optimism rises
Bulgarian banks’ Jan-Nov profit rises 53% y/y, still below 2019 level
The last 8 billion levs of loans under credit repayment moratorium return to regular servicing
The Russians are here! (again), The Macedonians are not, and (almost) everyone leaves Burgas
The silent cyber-war, flights & fights with a neighbor, go easy with the Energy regulator
Bulgaria’s heavy industry stays stable in pandemic-marred 2020
Most sectors improved their results in 2020 but a surge in energy prices poses a risk to 2021 results
Five forecasts for Bulgaria’s housing market in 2022
Most expectations are for more of the same, but rising interest rates and soaring prices of construction materials might cool down the sector
How Bulgaria’s internet slowed down
Network speed in the country was the fourth fastest in the world in 2009, yet now it ranks 53rd. Why?
Machines and equipment top 40 companies: Virus in the system
After years of constant growth, revenue fell in 2020 due to the pandemic
Bulgaria’s Metrilo sells business to France’s Sendinblue
The customer analytics and intelligent marketing company is valued at some 2.6 mln euro