A Bulgarian start-up company producing sugar, gluten, soy and fat-free protein sweets is growing fast, incorporating ambitious plans and out-of-the-box ideas in its development.
After being valued at BGN 1 million (EUR 511,637) by a venture investment fund, the company managed to raise BGN 100,000 to improve and expand the distribution of its products in outlets across the country.
So far, their candies are available in over 200 outlets in Bulgaria. The company is also planning to break into markets abroad. Links with outlets in Romania, Greece, Poland, Italy and Spain are being built.
You can read more about the adventurous start of the entrepreneurs in 2020 in this publication: "Protein sweets – a revelation to the palate in three traditional flavours".
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
+359 2 9336 661