Bulgaria

A collection of 143 posts

Bulgaria's ITN wants to join ECR party family

Bulgaria's ITN wants to join ECR party family

Bulgarian populist formation There Is Such a People (ITN) has declared its intention to align with the centre-right European Conservatives and Reformists (ECR) if it wins seats at the EU elections next June. Formed 2 years ago and currently polling at around 5%, ITN stands a real chance of securing

CEE gets EU funds for cross-border 5G

CEE gets EU funds for cross-border 5G

The EU has selected seven projects to co-fund 5G transport corridors connecting regions throughout Europe, improving road, rail, inland waterways, and multimodal transport. They will support 5G infrastructure deployment over cross-border sections of 5G corridors and ensure service continuity when border crossing.  Central and Eastern Europe (CEE) is well represented

CEE inflation eases, but V4 still EU outliers

CEE inflation eases, but V4 still EU outliers

Hungary remained the EU’s most inflationary economy with an annual rate of 9.6% in October, an EU statistics office Eurostat report released Friday 17, November revealed. On the upside, this was the first time Hungary’s inflation rate had fallen to single digits since April 2022. The EU’

Auto sector slides down large company list - Coface CEE Top 500 study

Auto sector slides down large company list - Coface CEE Top 500 study

Automotive and Transport has dropped to third place amongst large companies in CEE, as business sectors of Central and Eastern European (CEE) shifted in size, partly due to soaring commodities prices, the latest Coface CEE Top 500 study found. In its 15th annual study, the French insurance company collects data

Japanese firm launches CEE's first sodium-sulfur battery storage system

Japanese firm launches CEE's first sodium-sulfur battery storage system

1 min read Bulgaria, BASF, NGK

The groundbreaking 500 kW NAS battery-based energy storage system (ESS) has been successfully put into operation at windows, doors and blinds manufacturer Rollplast’s plant in Kostinbrod, 15km from Sofia, west Bulgaria.  At the Kostinbrod plant, two containerized units have been deployed and the NAS system in integrated with rooftop

Multi-billion deal sees Emirati operator acquire telco assets in four CEE countries

Multi-billion deal sees Emirati operator acquire telco assets in four CEE countries

Emirates Telecommunication Group Company (e&) will buy a 50% plus one share in PPF Group’s telecommunications assets in Bulgaria (mobile operator Yettel Bulgaria), Hungary (Yettel Hungary), Serbia (Yettel Serbia) and Slovakia (O2 Slovakia). The United Arab Emirates-based telco holding company, formerly Etisalat, will pay EUR 2.15bn upfront

Bulgarian fintech unicorn Payhawk opens Vilnius office

Bulgarian fintech unicorn Payhawk opens Vilnius office

1 min read Bulgaria, Lithuania, startup

Payment management platform Payhawk – Bulgaria’s only unicorn – has opened a new office in Vilnius, Lithuania, it announced on Monday, 17 July. Established in 2018, Payhawk currently serves clients in 32 countries and offers its platform to businesses across the European Economic Area (EEA), the UK and the US. With

CEE needs to prioritise climate plans - report

CEE needs to prioritise climate plans - report

Central and Eastern European (CEE) countries may hinder the EU’s ability to meet its climate goals, according to campaigners who are concerned about their National Energy and Climate Plans (NECPs). European Commission President Ursula von der Leyen has emphasised the European Union’s commitment to achieving a net-zero power