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Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Germany's struggles reveal an uncomfortable truth about Bulgaria's economy

Structural problems affecting Bulgaria’s largest trading partner will affect local industries that fail to adapt and diversify their clients



M+S Hydraulic to invest 45 million levs in second plant

M+S Hydraulic to invest 45 million levs in second plant

The hydraulic system manufacturer will increase its capacity 30% in preparation for a market rebound



The week: Rocket men or how we are sabotaging ourselves

The week: Rocket men or how we are sabotaging ourselves

5 bln. euros down the drain, A Bulgarian military drone, and Peevski's list is out



The week: Time to escape the German economic embrace

The week: Time to escape the German economic embrace

The German curse of the industry, Peevski wins, BNB tries to curb house lending



IT Sector in Bulgaria grows 10% despite global slowdown

IT Sector in Bulgaria grows 10% despite global slowdown

The revenue of the companies in the Digitalk 101 ranking for 2023 increased to almost BGN 9.3 billion


Podemcrane: from electric hoists for Comecon to global markets

Podemcrane: from electric hoists for Comecon to global markets

After a long privatization process in the 1990s, the Gabrovo-based company today manufactures industrial cranes and components worth 50 million levs



Bulgaria Economic Trends: Wage Growth Slowing Down

Bulgaria Economic Trends: Wage Growth Slowing Down

Wage increases are expected to decelerate this year, ranging between 5% and 14%


Schneider Electric to build second factory near Plovdiv

Schneider Electric to build second factory near Plovdiv

Investment in the project’s first phase costs 107 million levs, production to start in 2025


K10: The Best Banks of 2023

K10: The Best Banks of 2023

UniCredit Bulbank again leads the Capital Weekly’s ranking of banks in Bulgaria, UBB is now the largest bank, DSK reports record profit




DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

DSK, UniCredit Bulbank Plan to Distribute Over 1 Billion Levs in Dividends

Most of the 3.4 billion levs (1.7 billion euro) profit reported by the banking sector for 2023 will be reinvested



The week: Brace, the rotation is coming

The week: Brace, the rotation is coming

The Suddenly-important Ministry, More Russian spies pop up, and Meta buys a company


Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance

Global events hit the financial performance of public companies, shrink factory production and effectively cut down state revenue