The week: The budget debacle, BETL sink, Schengen opens, GNR to play in Sofia

K Insights 13/12

The day in 3 news: Tax amnesty plan with BDB raises questions; Full Schengen entry for Bulgaria and Romania; Metal sector revenue falls but profit margins nudge up

State bets on 2.8% economic growth and lower wage increases in 2025

Public spending will underpin higher growth rates, private consumption will slow down

The day in 3 news: Syria’s regime change greeted with caution; Aurubis Bulgaria sees profit growth for 2023/24; Avtomagistrali wins new contract without open tenders

Data and people, or how Solvay Sodi is going digital

The ash soda plant in Devnya, winner of the Factory of the Year contest, is transforming the way it works to remain a market leader

K100’s most dynamic companies: grain, asphalt, weapons and more

Revenues of the 50 fastest-growing companies up 166% on average in 2023

Day in 3 News: Parliament breaks deadlock, elects Natalia Kiselova as speaker; State bets on 2.8% growth, lower wage increase in 2025; 10% planned rise in social security contribution

Day in 3 News: Natural disasters increase by 50% in 2023; Budget deficit contracts by 1.9%; Record electricity imports and prices in November

Guns, auto parts and meds: The K100 new entries

The new and lesser known firms that have made it into Capital’s 2024 ranking of Bulgaria's top 100 businesses

The week: Drained to zero

Bulgaria loves a scam, Big trouble brews for TurkStream and a Romanian Tik-Tok warning

K100 2024: Stagnation after the boom for Bulgaria’s largest firms

The new annual edition of Capital 100 ranking shows that the revenues of the top 100 companies shrank by 14% last year after the boom in the energy sector in 2022. The star businesses of 2023 are arms, cars and solar

Bulgaria’s Biomyc offering mushroom-based alternative to plastic

The company is developing mycelium composite materials and already has clients like Mercedes-Benz and KIA

Bulgargaz is technically bankrupt. What’s next?

The state-owned gas monopoly’s market share is declining and it is experiencing major financial losses

Bulgaria’s 2025 Budget: We Have a Problem

Instead of voting for more populism-driven spending, parliament has to consider unpopular measures to tighten state finances

The week: Schengen on the horizon

Good news, at last, The regional divide grows bigger, Bulgargaz is bankrupt

Payhawk doubles revenues, but also reports significant loss

Revenues for 2023 have grown to 12.6 million euros, but the negative financial result swells to almost 35 million euro

The day in 3 news: Lukoil selling, but not sold yet; Payhawk reports growth despite operating losses; Ex-Internal Minister Rashkov urges preemptive measures on vote-buying

Revenues of companies in Bulgaria shrink 1% to 608 billion levs in 2023 - NRA

The drop of the revenue of the 100 largest companies in the Capital Weekly’s annual ranking exceeds 14%

The Week: Has the "Peevski spell" been broken, Business climate turns sour, Sofia bans dirty cars

K Insights Newsletter 01/11

Clean business: Septona plant in Ruse expands on back of surge in demand

Greek manufacturer of hygiene products like make-up pads and shower gels invests 40 million levs in new buildings and machinery