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Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

Corruption Concerns: EU Probing 11 Mln Levs Discrepancy in Bulgarian Tunnel Project

A report to the State Agency for National Security has brought to light the funneling of 11 million levs to shell companies. The main contractor in the project, local construction company GP Group, said it’s not a subject of any ongoing investigation.


The week: Entering the euro - what's love got to do with it

The week: Entering the euro - what's love got to do with it

Trust and the Euro, How to make money disappear, Customs in disarray



How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

How GERB built Putin a pipeline, part 2: the laundering road of 3 billion leva through an Arab company

Turkstream used offshore companies and the financial capacity of Gazprombank


How GERB built Putin a pipeline, part I: the Roadmap to circumvent the law (and Ukraine)

How GERB built Putin a pipeline, part I: the Roadmap to circumvent the law (and Ukraine)

A new data leak exposes how the Borissov-3 gov’t facilitated the construction of the TurkStream pipeline across Bulgaria against the country’s own interests and EU procurement rules


Sofia expanding with two new residential and commercial areas opposite the Business Park

Sofia expanding with two new residential and commercial areas opposite the Business Park

Owners of restituted land situated in green spaces in existing neigbourhoods will be able to construct residential and office buildings in specially designated new zones





The week: Going nuclear (again)

The week: Going nuclear (again)

The new Bulgarian mega-dream, eurozone delayed, Nexo comes back with a vengeance


Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Bulgaria's 2024 Budget: Focus on Infrastructure and Defense Investments

Finance ministry targets 3.2% GDP growth, sees inflation at 4.8%


The biggest construction companies: boom in real estate, slump in road building

The biggest construction companies: boom in real estate, slump in road building

The top 40 companies have an average revenue growth of just 4%, unlike all other thriving sectors


Bulgaria’s least indebted 50 companies in 2022

Bulgaria’s least indebted 50 companies in 2022

The average debt-to-asset ratio remains near 50%, narrowing slightly


The week: The mystery of the Bulgarian housing market

The week: The mystery of the Bulgarian housing market

The (very) strange Bulgarian housing market, a not so strange election and a bag of coke



The week: A very sudden twist

The week: A very sudden twist

Slapping Russia in the face, Borissov is not corrupt, Open-air teaching gets a boost


The Largest Transportation Companies in Bulgaria: Challenges and Growth

The Largest Transportation Companies in Bulgaria: Challenges and Growth

Top 20 companies post over 30% increase in revenue


Biggest companies in Bulgaria: state-owned energy giants are forever

Biggest companies in Bulgaria: state-owned energy giants are forever

The revenue of the 100 largest companies in Bulgaria has increased more than 5 times in two decades


A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

A Russian Oligarch’s Son and his Plovdiv Odyssey: Part II

Two years after the arrival of Russian oligarch’s son Anton Zingarevich, the finances of the leading Plovdiv football club in Plovdiv are a mystery


How 400 million levs in uncollected fines contribute to Bulgaria’s road carnage

How 400 million levs in uncollected fines contribute to Bulgaria’s road carnage

The lack of control and sanctions to enforce the right-of-way for pedestrians at crosswalks lead to less revenue for the state - and more casualties