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An (un)holy audit

An (un)holy audit

A rare financial inspection by the Revenue agency created consternation within the Bulgarian Orthodox Church


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.



Bulgarian agriculture sector posts hefty profits in 2022

Bulgarian agriculture sector posts hefty profits in 2022

The war in Ukraine propelled global prices higher and Bulgarian companies benefited from the rise


Packaging giant Smurfit Kappa to acquire third plant in Bulgaria

Packaging giant Smurfit Kappa to acquire third plant in Bulgaria

The Irish company will buy a part of the business of Shumen-based Artemis


Bulgarian housing prices soar as Eurozone ones fall for the first time in years

Bulgarian housing prices soar as Eurozone ones fall for the first time in years

Records double-digit growth of prices fueled by a housing loan boom meets plummeting demand


Beauty segment drives BTL Industries’ sales to new high

Beauty segment drives BTL Industries’ sales to new high

The Plovdiv-based medical equipment maker doubles revenue on strong demand for aesthetic solutions


The biggest agricultural companies: Grain goes to space

The biggest agricultural companies: Grain goes to space

Traders and producers of wheat, corn, sunflower grow revenue more than 54%


Rents going up more slowly than housing prices

Rents going up more slowly than housing prices

Home rents increase, following the rise in mortgage payments, incomes and inflation.


The top ten owners of office buildings in Sofia

The top ten owners of office buildings in Sofia

They own 600 thousand square meters of offices in Sofia or half of the total available 1.24 million square meters of class A areas in the capital.


Gabrovo continues to promise good yields from properties

Gabrovo continues to promise good yields from properties

There are deals with one-bedroom apartments for renovation for about 70,000 BGN in the city center and about 55,000 BGN in the neighborhoods. However, the supply is very limited and is mostly socialist-era housing


A new model: a company builds apartments for lease

A new model: a company builds apartments for lease

AG Capital plans to build 1,000 apartments for this purpose. Then the company will sell them to a fund in a package


Sofia office market in 2021: more new offices, but also more vacant space

Sofia office market in 2021: more new offices, but also more vacant space

Rented office space increased, but vacant area reached a historic peak


The Russians are here! (again), The Macedonians are not, and (almost) everyone leaves Burgas

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


Smart Organic goes public: everything you need to know

Smart Organic goes public: everything you need to know

The company will use the funds to acquire a German competitor and build a new production facility


Bulgaria explained: Why do Bulgarians live in overcrowded apartments?

Bulgaria explained: Why do Bulgarians live in overcrowded apartments?

Еvery Tuesday we look at the Eurostat regional yearbook statistics and explain some curious data on Bulgaria


The office market’s explosive growth during the pandemic

The office market’s explosive growth during the pandemic

Sofia office market added 100, 000 sqm in the second quarter of 2021 and the overall vacancy rate reached 14.3%


Borissov shows-up, a farmer speaks-up and what can you do with 12 tons of dates

Borissov shows-up, a farmer speaks-up and what can you do with 12 tons of dates

A new government: big plans and little time; cartels in agriculture; why we're still dependent on Russia



The office market: Less rent, less construction

The office market: Less rent, less construction

Vacant office space in Sofia reached a five-year high of 13% in 2020