€7.3 Billion on the Table: Is Bulgarian Business Ready for Europe’s Defense Boom?
Europe is undergoing a fundamental shift in how it approaches defense, moving beyond increased spending toward the creation of an entirely new industrial ecosystem
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The analogue switch-off in Bulgaria should be wrapped up by September 2013. Photo by BGNES
Bulgaria's telecom watchdog has awarded the license for what will be the country's public service DTT multiplex to Bulsatkom company, which hopes to start construction works this summer.
Bulgaria decided at the end of December 2011 to hold a tender for yet another multiplex, its seventh, a surprising last-minute decision, which local experts slammed as a mere eye- wash for Brussels, which referred the country to EU court over the assignment of digital broadcast spectrum.
“We hope that the procedure for the construction of the seventh multiplex will get underway this summer after a new government and a new defense minister are appointed,” Plamen Petkov, representative of the company, told local media.
Petkov confirmed that the frequencies that the regulator is considering for building a new network, are primarily used by the Defense Ministry.
He said he remains optimistic that the seventh multiplex will be a success despite concerns that its holder is in a much more disadvantaged position than Hannu Pro and Towercom, which have already grabbed the lion's share of the market.
The European Commission demanded that Bulgaria publish the conditions of the tender as soon as possible, so that potential new entrants can prepare their applications, be selected and enter the market before the date set for the analogue switch off, September 1 2013.
The Commission said it will monitor that the tender conditions are in line with the Directives and allow effective entry into the digital terrestrial broadcasting infrastructure market.
Until the deadline for the analogue switch-off in the country expires the government is expected to splurge BGN 150 M on freeing frequencies currently held by the military, but it is still not clear how this will happen and at what price.
Bulgaria has repeatedly informed Brussels of the problems it faces in freeing frequencies.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
Scroll through a busy news feed and you’ll spot a pattern - economic jitters, tech pivots, shifting consumer habits.
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