Successful Business Stories

ARICOMA Group, part of the Czech holding KKCG, acquired 100% of the Bulgarian IT company Musala Soft. The value of the deal remains undisclosed. The Bulgarian management team will stay on board in the long term. Founded in 2020 in Sofia, Musala Soft builds next-generation software products and enterprise solutions for local and international clients. […]

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From Plovdiv through Cape Town to Amazon

Plovdiv-based “Camco” exports its products to over 50 countries on 4 continents Founded in 1991 as a small family business by Hristo and Kamila Dramovi, today “Camco” produces 6 own brands, the most popular of which is Victoria Beauty. At the same time, the company is a distributor of the products of over 32 other […]

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MaxCom becomes the leading e-bike manufacturer in the EU after new investment with Austrian giant

Plovdiv-based bicycle manufacturer MaxCom has announced the construction of a new plant in partnership with Austrian giant Pierer Group, a leading manufacturer of motorcycles – part of which are KTM, Husqvarna and GasGas. This investment will put the Bulgarian manufacturer at the forefront of the niche for the production of electric bicycles in the EU. […]

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Nestle Bulgaria invested BGN 23 million in a robotic production line in Sofia

Nestle Bulgaria invested another BGN 23 million in a robotic production line at its factory in Sofia. The innovation was presented during an online event that included a virtual walk showing the factory’s innovations. The investment is in a new production line of the KitKat brand, with an updated digital network that connects all machines […]

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EY Family Business Book in Bulgaria 2020

EY Bulgaria selects ten of the most successful family businesses in Bulgaria to show good examples in the Bulgarian economy and raise awareness of the family business in general. In the years of modern market economy, Bulgaria has successfully built sustainable family businesses. Many of these businesses are already run by second, sometimes third generation […]

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Cordeel is Building a Logistics Centrе for Distributor Orbico

The construction company Cordeel Bulgaria, a local unit of the Belgium-based Cordeel Group, has begun the construction of a modern office and logistics centre for the distributor Orbico Bulgaria, part of the Croatian Orbico Group. The investment is EUR 26.5 million and 500 staff will work in the centre after it is complete.   The logistics base will include offices […]

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A Recipe for Prosperity

How the Asarel-Medet mining company has become an important factor in making the municipality of Panagyurishte an attractive place for living.   Small settlements have a great potential for development, too. Even in the 21st century in Bulgaria, Panagyurishte has its own recipe for prosperity and does not hide it. One of the advantages of […]

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Regions of #Entrepreneurship

Edible coffee cups from Plovdiv , Formula1 simulators from Gabrovo, “smart” houses from Stara Zagora, High School of Innovation in Burgas , vertical oyster farms from Varna, hand-woven carpets for the British royal family from the town of Kostadovo … Just as with innovations , businesses can develop where there is someone looking for opportunities […]

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#InvestBulgaria

#InvestBulgaria Coca-Cola Hellenic Bottling Company presented its new production line at its Kostinbrod plant, #Bulgaria. The # investment is for BGN 40 million, and according to CEO Jurg Burkhalter, this will be the most modern and efficient line in # Europe . The new capacity will use over 600 tonnes or recycled PET plastic. “The […]

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