List of companies of Bulgaria

Location of Bulgaria

This is a list of notable companies that were founded in Bulgaria, are headquartered in Bulgaria, or operate in Bulgaria as major subsidiaries of foreign groups. It includes Bulgarian-origin private and state-owned enterprises, former companies of historical importance, and large foreign-owned companies with substantial operations in the Bulgarian market. The companies listed below cover major parts of the Bulgarian economy, including energy, metals, defence manufacturing, banking, telecommunications, food and beverage production, software, transport, retail, publishing and tourism.

Bulgaria's largest companies by revenue are concentrated in fuels, energy, metals, utilities, retail and industrial production. Recent business rankings have identified companies such as LUKOIL Neftochim Burgas, Aurubis Bulgaria, LUKOIL Bulgaria, Axpo Bulgaria, BA Glass Bulgaria, Lidl Bulgaria, Kaufland Bulgaria, Astra Bioplant and Kozloduy Nuclear Power Plant among the largest companies operating in the country.[1][2] International rankings such as the Coface CEE Top 500 rank companies by turnover and exclude financial service providers such as banks and insurers, so major Bulgarian banks are included separately in the tables below where they are notable for the Bulgarian market.[3]

For further information on the types of business entities in Bulgaria and their abbreviations, see "Business entities in Bulgaria".

Notable firms

The tables below separate companies of Bulgarian origin from foreign-owned companies operating in Bulgaria. The industry and sector categories broadly follow the Industry Classification Benchmark taxonomy. Companies that have ceased operations are included where they are historically notable and are marked as defunct.

Bulgarian-origin companies

Name Industry Sector Headquarters Founded Notes
Air VIA Consumer services Airlines Sofia 1990 Charter airline; defunct
Ariana Brewery Consumer goods Brewers Sofia 1884 Brewery; defunct 2004
Armimex Industrials Defense Sofia 1992 Arms and weaponry export; defunct 2003
Arsenal AD Industrials Defense Kazanlak 1878 Military equipment manufacturer and one of Bulgaria's largest industrial employers[2]
Asarel Medet Basic materials Nonferrous metals Panagyurishte 1964 Copper extraction and processing
Astra Bioplant Consumer goods Food products Slivo Pole Municipality 2009 Producer of biodiesel, vegetable oils and related products; among the largest Bulgarian-origin companies by sales[2]
Astika Brewery Consumer goods Brewers Pazardzhik 1980 Brewery
Balkanstroy Industrials Construction & materials Sofia 1994 Engineering and construction
Balkantourist Consumer services Travel & tourism Sofia 1948 Travel services
Balkanton Consumer services Record label Sofia 1952 Record label
BH Air Consumer services Airlines Sofia 2001 Passenger air transport
Bulgaria Air Consumer services Airlines Sofia 2002 National airline; passenger and freight air transport
Bulgarian Air Charter Consumer services Airlines Sofia 2000 Charter airline
Bulgarian Agricultural and Commercial Bank Financials Banks Sofia 1969 Former state bank; rejoined the central bank in 1971
Bulgarian Development Bank Financials Banks Sofia 1999 State-owned development and commercial bank
Bulgarian Energy Holding Utilities Electricity and gas Sofia 2008 State-owned energy holding active through subsidiaries in electricity generation, transmission, gas supply, gas transmission, gas storage and coal mining[4]
Bulgarian National Bank Financials Banks Sofia 1879 Central bank of Bulgaria
Bulgarian Posts Industrials Delivery services Sofia 1879 Postal and courier services
Bulgarian State Railways Industrials Railroads Sofia 1885 State-owned passenger and freight rail transport
Bulgargaz Utilities Gas utilities Sofia 1973 State-owned public supplier of natural gas; part of Bulgarian Energy Holding
Bulgartabac Consumer goods Tobacco Sofia 1947 Tobacco holding company
Cargoair Industrials Delivery services Sofia 2007 Cargo airline
Central Cooperative Bank Financials Banks Sofia 1991 Universal commercial bank
Centralna energoremontna baza Utilities Conventional electricity Sofia 1948 Maintenance of large electric power facilities
Chimimport Conglomerates — Sofia 1947 Holding company with activities in chemicals, oil and gas, transport and financial services
Corecom Consumer services Specialty retailers Sofia 1960 Hard-currency retail chain; defunct
Dafna Group Consumer goods Tobacco Sofia 1990s Tobacco products and trading; listed among Bulgaria's largest companies by revenue in recent business rankings[1]
Economedia Consumer services Publishing Sofia[5] 1993[5] Media and publishing
Era Consumer services Publishing Sofia 1996 Publisher
Eurofootball Consumer services Gambling Sofia 1990 Sports betting and bookmaking
Eurohold Bulgaria Financials Specialty finance Sofia 1996 Holding company with activities in energy, insurance and financial services
Fantastico Consumer services Food retailers & wholesalers Sofia 1991 Supermarket chain
First Investment Bank Financials Banks Sofia 1993 Banking
Girdap Financials Banks Ruse 1881 Private bank; defunct 1925
Haemimont Games Technology Software Sofia 1997 Video and computer game development
Heli Air Services Consumer services Airlines Sofia 1990 Charter airline
Hotel Rodina Consumer services Hotels Sofia 1979 Hotel
Kintex Industrials Defense Sofia 1966 State-owned arms and weaponry exporter
Kozloduy Nuclear Power Plant Utilities Nuclear electricity Kozloduy 1974 Nuclear power generation; one of Bulgaria's largest companies by sales[2]
Kremikovtzi AD Basic materials Iron & steel Sofia 1963 Metal and steelworks; defunct
Martankship Industrials Marine transportation Burgas 2005 Shipping and petroleum-product logistics; among Bulgaria's largest companies by sales[2]
Maxeurope Consumer goods Recreational products Plovdiv 1996 Bicycles
Microinvest Technology Software Sofia 1984 Commercial and accounting software
Multigroup Conglomerates — Sofia 1989[6] Former conglomerate active in trade, industry, tourism and financial services; defunct
Navibulgar Industrials Marine transportation Varna 1892 Shipping company
NEK EAD Utilities Conventional electricity Sofia 1991 Electricity generation, supply and trading; part of Bulgarian Energy Holding
Nimero Technology Software Sofia 2009 Information technology
Ontotext Technology Software Sofia 2000 Semantic technology and software development
Overgas Utilities Gas utilities Sofia 1991 Natural gas distribution and supply
Petrol AD Oil & gas Fuel distribution Sofia 1932 Oil and fuel distribution
Prosveta Publishing House Consumer services Publishing Sofia 1945 Publishing
Saksa Oil & gas Fuel trading Stara Zagora 1990s Fuel and energy product trading; among Bulgaria's largest companies by sales[2]
Sopharma Health care Pharmaceuticals Sofia 1933 Pharmaceutical manufacturing and distribution
Sucreries Raffineries Bulgares Consumer goods Food products Sofia 1897 Sugar refinery; defunct 1916
Technomarket Consumer services Consumer electronics Sofia[7] 1992 Consumer electronics retail
TEREM Industrials Defense Sofia 1963[8] State-owned arms and military equipment repair and manufacture
Texim Bank Financials Banks Sofia 1992 Private bank
Varna shipyard Industrials Shipbuilding Varna 1907 Shipyard
Vivacom Telecommunications Fixed line telecommunications Sofia 1992 Telecommunications operator originally established from the Bulgarian Telecommunications Company; now foreign-owned
Vitta Foods Consumer goods Food products Svilengrad 2006 Frozen food and pastries
VRZ Karlovo Industrials Commercial vehicles & trucks Karlovo 1964 Railway cars and equipment

Foreign-owned companies operating in Bulgaria

Name Foreign parent or origin Industry Sector Headquarters in Bulgaria Founded or entered Bulgaria Notes
Aurubis Bulgaria Aurubis AG; Germany Basic materials Nonferrous metals Pirdop 1958 Copper smelting and processing; produces copper anodes, copper cathodes, sulfuric acid and iron silicate; formerly Cumerio Med[9]
Axpo Bulgaria Axpo; Switzerland Utilities Energy trading Sofia 2006 Regional gas and power trading hub operating in Central and Eastern European markets[10]
BA Glass Bulgaria BA Glass; Portugal Industrials Containers & packaging Sofia 2017 Glass packaging production for the food and beverage industries; operates Bulgarian plants in Sofia and Plovdiv[11][12]
Billa Bulgaria REWE Group; Austria/Germany Consumer services Food retailers & wholesalers Sofia 2000 Supermarket chain and major Bulgarian employer[2]
Blizoo A1 Telekom Austria Group; Austria Telecommunications Fixed line telecommunications Sofia 2010 Cable operator; later integrated into A1 Bulgaria
Bulgarian Postbank Eurobank; Greece Financials Banks Sofia 1991 Universal bank operating under the Postbank brand
Carlsberg Bulgaria Carlsberg Group; Denmark Consumer goods Brewers Shumen 2002 Brewery group operating beer brands in Bulgaria
Diema United Group; Netherlands/Serbia Consumer services Broadcasting & entertainment Sofia 1999 Television channel group; part of Nova Broadcasting Group
DSK Bank OTP Bank; Hungary Financials Banks Sofia 1951 Retail and corporate bank; part of OTP Group
DZI KBC Group; Belgium Financials Insurance Sofia 1946 Insurance company; part of KBC Group
Egmont Bulgaria Egmont Group; Denmark Consumer services Publishing Sofia 1991 Publisher
HVB Bank Biochim UniCredit Group; Italy Financials Banks Sofia 1986 Bank; merged into UniCredit Bulbank; defunct 2007
Kamenitza Molson Coors; United States/Canada Consumer goods Brewers Plovdiv 1881 Brewery
Kaufland Bulgaria Schwarz Gruppe; Germany Consumer services Food retailers & wholesalers Sofia 2006 Hypermarket chain and one of Bulgaria's largest private employers[2][13]
Kino Nova United Group; Netherlands/Serbia Consumer services Broadcasting & entertainment Sofia 2011 Movie television channel; part of Nova Broadcasting Group
Lidl Bulgaria Schwarz Gruppe; Germany Consumer services Food retailers & wholesalers Sofia 2010 Discount supermarket chain; part of Germany's Schwarz Group[14]
LUKOIL Bulgaria Lukoil; Russia Oil & gas Fuel distribution Sofia 1998 Fuel retail and wholesale; operates a large service-station network in Bulgaria[15]
LUKOIL Neftochim Burgas Lukoil; Russia Oil & gas Refining & petrochemicals Burgas 1961[16] Oil refinery and petrochemical producer; among the largest companies in Bulgaria by revenue[1][2]
MKB Unionbank BayernLB; Germany Financials Banks Sofia 1991 Retail and commercial bank; later acquired and merged
A1 Bulgaria A1 Telekom Austria Group; Austria Telecommunications Mobile telecommunications Sofia 1994 Mobile, fixed-line, internet and television services; formerly Mtel and Mobiltel
Pirinsko Pivo Carlsberg Group; Denmark Consumer goods Brewers Blagoevgrad 1969 Brewery brand operated by Carlsberg Bulgaria
Raiffeisenbank Bulgaria Raiffeisen Bank International; Austria Financials Banks Sofia 1994 Universal bank; acquired by KBC Group and merged into United Bulgarian Bank
Yettel Bulgaria e& PPF Telecom Group; United Arab Emirates/Czech Republic Telecommunications Mobile telecommunications Sofia 2001 Mobile and fixed telecommunications operator; operated as Telenor Bulgaria until March 2022[17]
UniCredit Bulbank UniCredit Group; Italy Financials Banks Sofia 1964 Bank and financial services
United Bulgarian Bank KBC Group; Belgium Financials Banks Sofia 1992 Commercial bank; one of Bulgaria's largest banks and employers[2]

See also

References

  1. 1 2 3 "K100 2024: Stagnation after the boom for Bulgaria's largest companies". KInsights by Capital. 26 November 2024. Retrieved 31 May 2026.
  2. 1 2 3 4 5 6 7 8 9 10 "Bulgaria Industry Breakdown: Top Industries & Companies". HitHorizons. Retrieved 31 May 2026.
  3. ↑ "Coface CEE Top 500 Ranking 2024" (PDF). Coface. 2024. Retrieved 31 May 2026.
  4. ↑ "Bulgarian Energy Holding EAD". Bulgarian Energy Holding. Retrieved 31 May 2026.
  5. 1 2 Martyn Sloman (7 May 2007). The Changing World of the Trainer. Routledge. pp. 163–. ISBN 978-1-136-35930-9.
  6. ↑ Arnold Cooper; Sharon Alvarez; Alejandro Carrera; Luiz Mesquita; Roberto Vassolo (4 February 2009). Entrepreneurial Strategies: New Technologies in Emerging Markets. John Wiley & Sons. pp. 35–. ISBN 978-1-4051-7859-4.
  7. ↑ "Technomarket Bulgaria EAD: Private Company Information". Bloomberg. 2016-01-22. Retrieved 2018-01-28.
  8. ↑ "За Терем". Terem.bg. Retrieved 2018-01-28.
  9. ↑ "Company profile". Aurubis. Retrieved 31 May 2026.
  10. ↑ "About Us". Axpo Bulgaria. Retrieved 31 May 2026.
  11. ↑ "About BA Glass". BA Glass. Retrieved 31 May 2026.
  12. ↑ "Contact us". BA Glass. Retrieved 31 May 2026.
  13. ↑ "Who we are: The companies of Schwarz Group at a glance". Schwarz Group. Retrieved 31 May 2026.
  14. ↑ "Компанията". Lidl Bulgaria. Retrieved 31 May 2026.
  15. ↑ "LUKOIL Bulgaria – fuels, services and service stations". LUKOIL Bulgaria. Retrieved 31 May 2026.
  16. ↑ "LUKOIL Neftohim Burgas AD: Private Company Information". Bloomberg. Retrieved 2018-01-28.
  17. ↑ "За Yettel". Yettel Bulgaria. Retrieved 31 May 2026.
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