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Who wants a free market? Bulgaria postpones wholesale electricity market liberalization
Meanwhile, households will have missed the optimum moment for liberalization because electricity prices are currently at their lowest
Dronamics, Bulgaria’s first drone airline
The Bulgarian startup recently secured an equity investment of 10 million euro from the EIC
Failed investor in Bulgaria, Next.e.GO, files for bankruptcy
The German startup planned to build a 140 million euro electric vehicle plant in the city of Lovech
The week: Finally, some money for the cities
Money for the regions, Mud for political enemies, Solar for our neighbors
Smart Organic to open new 16 million lev factory in April
The facility near Sofia will have the capacity to produce 300 million lev worth of organic food per year
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
The redesigning of the 8 billion euros agricultural subsidies plan
The changes are triggered by the low interest shown in certain programs.
Largest food and beverage producers in Bulgaria: Sunflower stars emerge
Loads of different players from the beer, meat, sunflower and sweets sectors make up the top 50 ranking
The week: Going nuclear (again)
The new Bulgarian mega-dream, eurozone delayed, Nexo comes back with a vengeance
The biggest software companies in Bulgaria
The top 50 tech companies by revenue experienced significant growth, more suited to startups
Bulgaria’s Largest Textile Companies: Slight Recovery after Weak Years
In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.
Bulgarian agriculture sector posts hefty profits in 2022
The war in Ukraine propelled global prices higher and Bulgarian companies benefited from the rise
The week: To leave or not to leave, that’s Lukoil’s question
Russian oil derogation shenanigans, Bulgarian PISA tower crumbles, good times for bankers and farmers
Bulgarian-American LucidLink raises 75 million dollars
Local fund BrightCap was the first ever investor in the company, which has already attracted 115 million dollars funding in total
The end of fuel exports to Ukraine
The Ukrainian authorities have blacklisted locations such as Burgas, Varna, Plovdiv and Byala. Since early November, the Insa Oil base in Belozem has also been included in the document