A small deposit is added to the price of drinks sold in plastic bottles or metal cans. Once you finish your drink, simply return the empty container and get your money back on the spot. The funds collected through the scheme go directly toward expanding recycling infrastructure and improving waste processing across the country. Zhana Velichkova, Executive Director of the Soft Drinks Producers Association, joined NOVA NEWS to explain how it works: "This is a real in...

Krasen Kyurkchiev, the founder of Ficosota, has never been one to stand still. “The rules of the game are simple: the moment you stop moving forward, you start losing,” he says in an episode of our Forbes Talks video podcast. “If you believe there’s no room for growth, no need to increase market share, innovate, or expand, then you’re already on the way down.” That mindset has propelled Ficosota’s growth for more than three decades...

Chocolate and confectionery are not just treats—they are a labor of love and a thriving business with deep roots in Bulgaria. One of the country’s most iconic companies, part of a global powerhouse with results and markets extending far beyond its borders, traces its origins back nearly 90 years. Located in the northwestern outskirts of Sofia, the Nestlé Bulgaria complex is the heir to a confectionery tradition that began in 1939 with the "Shtastie&...

Eco-reports, video messages with nature conservation tips, and an environmental anthem were among the most celebrated projects by kindergarten and school children in this year’s Eco-Code Competition—part of the "Step into the Green Circle: The Future is in Our Hands" initiative by Devin EAD and the Bulgarian Blue Flag Movement. The competition encourages the creation of an Eco-Code: a set of rules for eco-friendly behavior at school, at home, in society,...

Recent amendments to Bulgaria's Consumer Protection Act and Competition Protection Act are unlikely to bring food prices under control any time soon. According to Lyubomir Nokov, co-founder of Harmonika, policymakers are looking for answers in the wrong place — the problem runs far deeper and is rooted in a range of structural issues. Nokov shared his views with host Hristo Nikolov on the Business Start show. What Actually Drives Food Prices Nokov argues tha...