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Istanbul to Burgas by sea - remains a fairy tale

Istanbul to Burgas by sea - remains a fairy tale

Private interests sink plans for ferry between the two countries for now


Telelink Business Services to buy 70% of Slovenia's Actual I.T.

Telelink Business Services to buy 70% of Slovenia's Actual I.T.

The target company is valued at 22.5 million euro but the deal price is subject to certain conditions





NEK's profit grows to almost 140 million levs in 2024

NEK's profit grows to almost 140 million levs in 2024

Last year, the company purchased over 70% more electricity from quota plants such as Kozloduy NPP and Maritsa-Iztok 2 TPP.



Sirma targets over 100 million euro in annual revenue within 3 years

Sirma targets over 100 million euro in annual revenue within 3 years

The software company is interested in acquiring firms with revenues of 5 to 20 million euro and 100 to 300 employees



From bicycles to concrete mixers: Liebherr buys Pierer & Maxcom’s plant

From bicycles to concrete mixers: Liebherr buys Pierer & Maxcom’s plant

The electric bicycle plant in Plovdiv never launched but now the German group will have its own production there


Arms maker VMZ heads for 1 billion levs in annual sales

Arms maker VMZ heads for 1 billion levs in annual sales

In the first quarter of 2025 the state-owned factory's revenues increased by two-thirds, nearing 300 million levs


Metals, Munitions, and Rice: A Look Inside Bulgaria's Exports

Metals, Munitions, and Rice: A Look Inside Bulgaria's Exports

Bulgaria's primary exports are copper and its products, with sales reaching a record 4.2 billion euro in 2024.



Italian Guala Closures fully acquires its factory in Kazanlak

Italian Guala Closures fully acquires its factory in Kazanlak

The group has bought out the remaining 30% of the dispenser and cap plant from the Bulgarian founders for 4.6 million euro


Co-Owner of mattress producer TED Bed buys ZMM-Zlatograd

Co-Owner of mattress producer TED Bed buys ZMM-Zlatograd

Through his company Globe Industries Elin Todorov has acquired the machine manufacturing plant in Zlatograd and plans to develop it


Who would buy Gazprom’s gas stations in Bulgaria?

Who would buy Gazprom’s gas stations in Bulgaria?

The Russian-controlled Serbian seller is negotiating with a Bulgarian company owned by Ivaylo Konstantinov. SrbijaGas has also expressed interest



Rapeseed imports rescue Oliva, Astra Bioplant

Rapeseed imports rescue Oliva, Astra Bioplant

Factories buy huge quantities from Canada and Australia due to a shortage of local raw materials and high prices


Shelly expects 300 million levs in sales in 2025

Shelly expects 300 million levs in sales in 2025

The smart device company beat its 2024 forecast with over 208 million levs in revenue


The week: Two questions about the Real Estate market, A big battery boost is coming, Casino economy

The week: Two questions about the Real Estate market, A big battery boost is coming, Casino economy

Newsletter 25/04: Everyone is either building or buying