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Bulgaria’s Informal Economy: 34.6% In the Shadows
More than half of the added value in sectors like hospitality, agriculture, and construction comes from undeclared income, according to a report by Kearney and Visa

DIY chains: Real estate boom drives rise in revenue
Praktiker leads with over 18% growth, followed by Mr. Bricolage

The week: The fall of Dogan
The end of an Emperor, The return of Belene, Nexo invites Donald Trump Jr

Nestlé invests 44.2 million euro in KitKat chocolate bar production
The new line at the factory in Sofia produces 3 million pieces a day

The week: A road tragedy
Roads to die for, Starlink comes to Bulgaria, Industry hits the brakes (construction, of course, excluded)

Electra to invest 120 million levs in aircraft maintenance base near Burgas Airport
The Sofia-based company already has a technical support facility in Varna

A year after Broadcom’s acquisition, VMware Bulgaria has melted in half
More than a thousand of the company’s employees in Bulgaria have been made redundant following the purchase at the end of 2023.

Sweet 10th anniversary: Healthy Bars to build new 40 million levs factory
The protein bar manufacturer’s project is funded with a loan from UniCredit Bulbank and supported by the EBRD

A further surge in online retailers’ revenues
The top 10 e-commerce companies in Bulgaria saw a 27% rise in turnover in 2023

Bulgarian EnduroSat raises 20M euros to accelerate its growth
The company expects serious revenue growth in 2024, says its founder Raycho Raychev

The European Health Card can now be issued easily online
Applying for the document is via the Ministry of Electronic Governance website and you can receive the card by post

First Bulgarian IT deal of 2025: Codery acquires Devision
The two software companies will merge operations within a year

Sofia-based airline Fly2Sky reaches top 3 in the sector
The company, which is owned by a Greek and a Ukrainian, has 10 aircraft and revenue of 92 million levs