Bulgaria

Bulgaria’s latest nuclear u-turn

Denitsa Koseva in Sofia January 26, 2021

PM Boyko Borissov indicated plans for the new Belene nuclear power plant will be dropped and the equipment purchased used to expand the existing Kozloduy NPP.

BALKAN BLOG: Only better waste management can clean rivers of trash

Clare Nuttall in Glasgow January 26, 2021

Huge islands of waste floating down rivers are a common problem in Southeast Europe.

Retailers and restaurant owners threaten protests in Bulgaria if reopening is delayed

Denitsa Koseva in Sofia January 23, 2021

Owners of shopping malls, cafes and restaurants say their survival is at risk as officials warned easing of restrictions will be postponed after the new strain of coronavirus was detected in Bulgaria.

Bulgaria's Biodit first company to IPO on new BEAM market

bne IntelliNews January 21, 2021

Creator of wireless biometric locking system holds successful IPO, raising funds for push into Spain's hotel sector.

M&A in Central and Eastern Europe fell 16% in value in 2020, says CMS report

bne IntelliNews January 21, 2021

COVID-19 blighted dealmaking in 2020 but a strong Q4 indicates a sharp rebound this year.

Bulgaria’s government considers gradual easing of COVID-related restrictions

bne IntelliNews January 18, 2021

There is growing frustration over the restrictions. Owners of restaurants, bars, night clubs and cafes have threatened to open in February even without government permission.

Sofia-based LAUNCHub Ventures holds first close of new fund on €44mn

bne IntelliNews January 15, 2021

LAUNCHub Ventures aims to raise €70mn for the fund targeted at companies from Central and Southeast Europe in a range of tech sectors.

ING: Growth in the Balkans: from zero to hero again?

Valentin Tataru and Trieu Pham of ING in Vienna January 14, 2021

ING reviews the main macroeconomic forecasts for Bulgaria, Croatia, Romania and Serbia. While the resurgence of coronavirus infections has dashed hopes for a rapid V-shaped recovery, 2021 should still be a good year.

Heavy flooding causes chaos in parts of Southeast Europe

bne IntelliNews January 11, 2021

Dozens of people have been evacuated from their homes in Albania and Kosovo, while emergency situations were declared in parts of Bulgaria and Serbia.

OUTLOOK 2020 Bulgaria

bne IntelliNews January 11, 2021

Political turmoil to continue as Bulgaria prepares to hold general election in March amid economic contraction and deep distrust of political institutions.

Bulgaria's retail sales fell 6.4% y/y in November

bne IntelliNews January 10, 2021

The annual fall in November was due to plunging food and motor fuels sales, but retail turnover inched up compared to October.

BRICKS & MORTAR: Rosier future beckons for CEE retailers after year of change and disruption

Clare Nuttall in Glasgow January 10, 2021

A gloomy start to 2021, but labour markets and purchasing power in the CEE region are in much better shape than after the 2008 financial crisis, indicating retail will bounce back from the coronacrisis, says Colliers.

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