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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.


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 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%.



Webit’s void checks

Webit’s void checks

Of five companies awarded BGN 1 million each in the Founder's Games of the Webit Investment Network a year ago, only one received an actual investment


The week: Is Bulgaria the limp pig of EU regulation, coal is (still) here, minimum wage surpasses Montenegro

The week: Is Bulgaria the limp pig of EU regulation, coal is (still) here, minimum wage surpasses Montenegro

Also: New Parliament is up, as well as the new 12 bn. Leva Plan


The golden passports of Bulgaria; the new lockdown and the elections; how to get a year of free rent

The golden passports of Bulgaria; the new lockdown and the elections; how to get a year of free rent

K Insights 19/03: the dirty campaign begins and what is cyberethics


Bulgarian blue-chip stock index nears mid-March lows, TBS Group listing signals hope

Bulgarian blue-chip stock index nears mid-March lows, TBS Group listing signals hope

Despite some early signs of improvement in Bulgaria’s main economic indicators in the third quarter, the biggest companies listed on the stock exchange in Sofia saw the outflow of investors continue.


What a waste

What a waste

A large-scale Bulgarian business with international reach comes under unexpected attack from the prosecution


Good revenue growth, moderate profits

Good revenue growth, moderate profits

The TOP100 companies grew revenue by 9% in 2018


Bulgaria’s ‘No’ leaves Brussels unimpressed

Bulgaria’s ‘No’ leaves Brussels unimpressed

Many in Eastern Europe perceive changes to the EU’s road haulage legislation as yet another attempt to prevent companies in new member states from reaping the full benefits of the single market


Bearish mood keeps grip on Sofia exchange despite lenders’ rally

Bearish mood keeps grip on Sofia exchange despite lenders’ rally

Earnings season fails to turn the tide


Prosecutors dig into Bulgarian-operated OneCoin scheme

Prosecutors dig into Bulgarian-operated OneCoin scheme

OneCoin offices were searched at the request of German investigators on suspicion of involvement in a pyramid fraud scheme and money laundering