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Bulgaria has utilized only 4% of European funds since 2021

Bulgaria has utilized only 4% of European funds since 2021

For the first time since joining the EU, Bulgaria has got along with almost no European funding for several years


Jun Young-Jun, CEO of Hyundai E&C: We Will Engage 10,000 Workers for the New Reactors at the Kozloduy NPP

Jun Young-Jun, CEO of Hyundai E&C: We Will Engage 10,000 Workers for the New Reactors at the Kozloduy NPP

"Securing competitive financing will be crucial for the success of the project," says the CEO of the Korean company in an interview


Failed investor in Bulgaria, Next.e.GO, files for bankruptcy

Failed investor in Bulgaria, Next.e.GO, files for bankruptcy

The German startup planned to build a 140 million euro electric vehicle plant in the city of Lovech


Smart Organic to open new 16 million lev factory in April

Smart Organic to open new 16 million lev factory in April

The facility near Sofia will have the capacity to produce 300 million lev worth of organic food per year


Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.



How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

Turkstream used offshore companies and the financial capacity of Gazprombank




The week: No country for the old

The week: No country for the old

The young have made it through, The rotation is now a centrifuge, Bulgarian football goes for old


Startup recap: What’s new in the local ecosystem

Startup recap: What’s new in the local ecosystem

Here’s everything that happened in the first months of 2024


DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested


How GERB built Putin a pipeline, part I: the Roadmap to circumvent the law (and Ukraine)

How GERB built Putin a pipeline, part I: the Roadmap to circumvent the law (and Ukraine)

A new data leak exposes how the Borissov-3 gov’t facilitated the construction of the TurkStream pipeline across Bulgaria against the country’s own interests and EU procurement rules


EnduroSat doubles sales in 2023

EnduroSat doubles sales in 2023

The Bulgarian nanosatellite producer expects to report some 27 million levs in revenue, new product to be launched soon



The week: The Roadmap to Russian energy serfdom

The week: The Roadmap to Russian energy serfdom

How GERB sold out to Putin (before the war), Rotation stuck and who designs Beyonce’s clothes in BG


Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria

Solar Strife: Property Battles Raging Beneath PV Park in Bulgaria

Residents of the villages of Sbor and Apriltsi in the Pazardzhik region claim that their lands have been expropriated by a company owned by Ginka Varbakova. There are also more than 20 complaints filed with the prosecution.


DEMOBAZA: Bulgarian clothes for Hollywood artists

DEMOBAZA: Bulgarian clothes for Hollywood artists

Teodora Alexandrova and Dimitar Sulev based their fashion brand in Bulgaria, but produce clothes for the biggest stars in Hollywood