The average interest rate on consumer loans in levs was 9.05 percent in September, remaining the same level as in August, the BNB reported in its regular monthly interest rate statistics report. The annual percentage rate of interest on these loans decreased by 0.02 percentage points to 9.40 percent. For housing loans in levs, the average interest rate, as well as the annual percentage rate of interest, increased by 0.03 percentage points - to 2.47 percent and 2.82 percent. The average interest rate on other loans in levs increased by 0.18 percentage points to 4.23 percent, and on other loans in levs to employers and self-employed persons - by 0.13 percentage points to 4.19 percent. In September, the average interest rate on overdrafts in levs increased by 0.03 percentage points to 13.73 percent, and on credit card loans, outside the interest-free grace period, in levs - by 0.13 percentage points to 21.30 percent. In business lending in September, the average interest rate on loans up to 1 million euros, agreed in levs, decreased by 0.06 percentage points to 4 percent, and on those over 1 million euros it increased to 4.20 percent. In household deposits in September, the average interest rate on deposits with agreed maturity in levs increased by 0.02 percentage points to 0.81 percent, and on those in euro - by 0.21 percentage points to 1.31 percent. The average interest rates on overnight deposits in levs and in euro remained at levels of 0.01 percent. The average interest rate on deposits, agreed and redeemable at notice in levs increased by 0.03 percentage points to 0.27 percent, and on those in euro decreased by 0.01 percentage points to 0.15 percent. In September, compared to August, the average interest rate on business deposits with agreed maturity in levs decreased by 0.25 percentage points to 1.14 percent, and on those in euro increased by 0.21 percentage points to 1.66 percent. The average interest rate on overnight deposits in levs increased by 0.01 percentage points to 0.05 percent, and on those in euro remained unchanged at 0.15 percent.

Colliers has published its data on the real estate market in Sofia for the third quarter of 2025. According to the company's report, the investment volume amounted to 227.2 million euros, and the return in the different segments of the market remained unchanged compared to the previous quarter - 7.75% for offices and retail space, 7.5% for industrial and 4% for residential properties. The total area of ​​​​existing offices in Sofia is 2,483,300 sq m, with 306,700 sq m. under construction. Vacancy is 12.0% for class A and 13.7% for class B, with average asking rent levels of 15 and 10 euros/sq m per month, respectively. Flexible workspaces account for 101,300 sq m, with an additional 10,350 sq m. under construction. The prices remain the same as in the previous period - for a workplace in a shared space - 160 euros per month, for a fixed one - 200 euros per month, and in your own office - 280 euros per month. The existing industrial and logistics areas in Sofia are 1,436,000 sq m, with another 144,500 sq m. under construction. The vacant areas in this type of property are only 2.1%. Rental levels are unchanged - 5.5 euros/sq m/month for class A properties and 4 euros/sq m/month - class B. Rental prices in Sofia remain stable in the retail space segment as well. They amount to 45 euros/sq m/month in shopping centers, 12 euros/sq m/month in retail parks and 58 euros/sq m/month on Vitosha Blvd. No new shopping malls have started construction, and 62,500 sq m of parks are under construction. Colliers data shows that the share of vacant space remains stable at 3% in malls and shopping parks, and 2.4% on Vitosha Blvd. In the medium-high and high segment of the housing market in Sofia, average sales prices including VAT and parking space for detached houses reach 700,000 euros, for a semi-detached house they are 620,000 euros, and for a terraced house they are 460,000 euros. The supply of houses in complexes amounts to 1,910 residential units, and another 1,500 are under construction.

Plot of 111 decares with a newly built 4.9 MWp photovoltaic plant (56 decares) and an adjacent free plot (55 decares) with development potential at a key location in the city of Blagoevgrad

The airport in Gorna Oryahovitsa practically has a new concessionaire, after the Board of Directors was completely replaced on September 15 of this year, headed by Kiril Klenovski. He becomes the actual owner of the concession and assumes its assets and liabilities, for which he has already agreed with Rumen Gaitanski - Valka. Even last week he paid over 40,000 leva in building tax for 2025 for the airport in the Municipality of Gorna Oryahovitsa. The obligations to the employees have also been paid. In the legal and commercial world, the airport will continue to operate under the current company "Civil Airport Gorna Oryahovitsa 2016" AD. The changes in the concession were hinted at back in July, when Kiril Klenovski's son - Jordan, replaced the previous executive director Anastasia Ioveva and this was reflected in the Commercial Register. The headquarters of the company also moved - from 4 Georgi Izmirliev Square in the railway town to 11 Narodno Sabranie Square in the capital. At this address, 4 more companies with Klenovski's participation are registered in 2025.

The Financial Supervision Commission (FSC) determined the minimum yield for mandatory pension funds for the period from 29.09.2023 to 30.09.2025 at a meeting on 23.10.2025. All funds for additional mandatory pension insurance have achieved a yield for the specified 24-month period above the specified minimum yield level for the respective type of fund, according to FSC data. The highest yield among universal pension funds is UPF "Toplina" with 8.95%. In second and third place are "UPF UBB" with 8.94% and "ZUPF Allianz Bulgaria" with 8.51%. Next is the fund "DallBogg: Life and Health" with 8.39%, followed by UPF "DSK-Rodina" - 8.28%. UPF "Doverie" has a yield of 8.14%. In the next position is "UPF - Badeshte" with 6.44%, followed by UPF "CCB-Sila" with 5.87%, UPF "Saglasie" - 5.78%. The lowest is UPF "POI" - 5.45% with a weighted average yield of 7.87% and the highest - 11.02%. The minimum yield from the management of the assets of universal pension funds for the period from 29.09.2023 to 30.09.2025 is 4.72%. on an annual basis. Of the professional pension funds, the highest yield is PPF "Toplina" - 9.78%, and the lowest is PPF "CCB-Sila" - 4.79% with a weighted average yield of 7.72% and a maximum - 10.81%. The minimum return on asset management of professional pension funds for the period from 29.09.2023 to 30.09.2025 is 4.63% on an annual basis, the Financial Supervision Commission (FSC) indicates. "PPF UBB" is in second place with 9.71%, and PPF "DSK-Rodina" in third place with 8.76%. "ZPPF Allianz Bulgaria" is in next position with 8.70%, followed by PPF "DallBogg: Life and Health" - 8.40%, "PPF - Future" - 8.18%, and PPF "Doverie" is with 7.93%. The return for the previous 24 months of PPF "POI" is 5.91%, and PPF "Saglasie" - 4.81%. DPF "Toplina" has the highest yield for the period from 29.09.2023 to 30.09.2025 and among voluntary funds with 12.53%, and the lowest yield achieved for the specified two-year period is DPF "Saglasie" - 5.95%. The weighted average yield of voluntary pension funds for the period is 8.73%. In second and third place are "DPF UBB" with 10.37% and DPF "DallBogg: Life and Health" with 9.33%, followed by DPF "DSK-Rodina" - 9.17%. The yield for the last 24-month period on an annual basis of "DPF Allianz Bulgaria" is 9.07%, and DPF "Doverie" - 8.72%. In next position is "DPF - Badeshte" with 8.41%, DPF "CCB-Sila" with 6.76% and DPF "POI" with 6.62%.

The Bulgarian mattress manufacturer "TED Bed" in Plovdiv has introduced waste-free technology provided by leaders in the production of machinery - Masias Maquinaria (Spain) and Mammut (Germany). The investment is over 2 million euros, and the result of its introduction is the savings of over 2.5 million kg of cotton wool and polyurethane foam. The equipment for the waste-free technology "TED - Masias - Mammut" is unique, made specifically for "TED Bed" at the request of the owners of the Bulgarian company. Through this system, the company manages to process 95% of waste materials and use them in the production process. Residual textile materials are first shredded, then inserted into the fillings (the outer shell of the mattress) through an automated stretching and filling system. Unfortunately, in Europe, mattress recycling installations are few. Part of the company strategy of "TED Bed" is to implement technologies that leave less of a footprint on the environment, the Bulgarian company notes. For this purpose, the management decided to move the spring production workshop (part of an affiliated company - "Red Springs") in the immediate vicinity of the main mattress factory. The new building has 3863 sq.m of gross floor area, is equipped with automated high-performance machines for pocket spring systems, and the production facilities are powered by solar energy. A 5.6 MW photovoltaic power plant has been built in "TED Bed", which fully powers the production and ensures 100% independence from the country's energy grid. The total investment in the power plant and the battery is over 15 million leva. TED started its activities in 1994. The company name is formed from the first letters of the names of the owners - Todor, Elin and Dimitar Todorov (father and sons). Today, the Plovdiv company produces 1,200 mattresses, box spring beds, pillows, duvets and bed linen every day, which it offers in over 1,500 points of sale. Among them are 25 company stores, some of which are franchised. 41% of the production is exported to 30 countries, and about 8% of the turnover is due to online sales. According to the company, "TED Bed" is the market leader in mattresses and has about 32% share in value. For 2024, "TED Bed" reports 70.5 million leva in sales revenue, or 5% growth compared to the previous year, and 5 million leva in profit. For 2024, the company also reports over 10% jump in the number of products produced, which in 2023 were 650 thousand. "TED Bed" is part of the "TED Capital" holding, which includes 10 companies operating in various business areas - production of mattresses, springs, mechanical engineering, trade in ceramic products, cargo transport, construction, a chain of stores and a media agency. Some of the companies in the holding are: "TED Ceramics", "Red Springs", "Via Logistic", "Doverie", "TED Invest", "Benefit Trade", "Brand Building Company", with "TED Bed" being the largest.

Over 200 new employees have been hired at Liebherr-Hausgerette Maritsa from June 1, 2025 to date. The expansion of the team is directly related to the launch of new models of refrigerators with French doors - French Door, one of the company's most high-tech product lines. The new appliances are manufactured at the Liebherr-Hausgerette Maritsa plant in the Maritsa subzone of the Thrace Economic Zone (TEZ), and have been officially on the market since September 1. The FlexDoorSystem ensures extremely quiet and smooth opening and closing of the doors individually, guaranteeing 100% sealing and optimal energy efficiency. With the expansion of production, the plant near Radinovo strengthens its role as a leading industrial and technological center in Bulgaria, a major employer with over 1,900 people working there and a strategic site in Liebherr's global production network.

The Municipality of Dobrich is working as a priority on the construction of the Industrial Park "Dobrich", which is expected to become one of the largest investment ventures in the region. Currently, "Industrial Park Dobrich" EOOD is the owner of all properties intended for the implementation of the project, after they were contributed in stages as a non-cash contribution to the company's capital. However, now the Ministry of Regional Development and Public Works (MRDPW) requires that the properties become municipal property again in order to ensure state financing for the construction. The Municipality of Dobrich is the sole owner of the company's capital, which allows the properties to be removed from its assets and returned to the patrimony of the Municipality. According to the State Budget Act for 2025, the Municipality of Dobrich has a statutory opportunity to build an Industrial Park, including connecting and internal technical infrastructure, with state financing in the amount of 61,614,300 leva. The company's registered capital is currently 12,741,100 leva, formed entirely through a non-cash contribution from the Municipality. In order to meet the requirements of the MRDPW, Mayor Yordan Yordanov proposes that the Municipal Council reduce the capital of "Industrial Park Dobrich" EOOD from 12,741,100 leva to 100,000 leva, with the real estate worth 12,641,100 leva being removed from the company's assets and transferred back into the ownership of the Municipality. After the adoption of this decision, it will be possible to sign the agreement for state financing, which will ensure the implementation of the project for the construction of the Industrial Park and its adjacent infrastructure. The project is part of the already approved and financed concept for integrated territorial investments, and the financing is 100%. pronewsdobrich.bg

TPP "ConturGlobal Maritsa East 3" will not be able to complete its photovoltaic project, financed under the Recovery and Sustainability Plan, on time (by March 31, 2026). For this reason, the project company "ConturGlobal Maritsa Solar" has requested the Energy and Water Regulatory Commission (EWRC) to terminate its license for electricity production. The project for a 75.3 MW photovoltaic power plant, combined with 25 MW battery storage (BESS), was to be financed with BGN 7.5 million under the Energy Saving Plan. The license for the construction of a 75.3 MW photovoltaic power plant in the lands of the villages of Iskritsa and Mednikarovo, Galabovo Municipality, was issued in July 2024. On October 10, the company itself requested the withdrawal of the permit, which is being considered under the Energy Act. The company motivated its decision by the fact that the power plant cannot be put into operation by March 31, 2026 due to the very high costs of connecting to the electricity transmission network, resulting from the scale of the construction and technical activities set out in the preliminary contract signed with the Electricity System Operator (ESO). It provides not only for the connection of the power plant, but also for the construction of a new 33/400 kV step-up substation for connection to the network at the 400 kV level. According to the Executive Director of the TPP Vasil Shtonov, the company is not giving up on the project, but will continue to develop it, but with its own funds. The license was for a period of 25 years and provided for the project to be implemented on an area of ​​​​nearly 780 decares. ContourGlobal Maritsa East 3 TPP is among the major beneficiaries of the RESTORE program in the Recovery and Resilience Plan (RRP) and Shtonov added that the battery project under it is on schedule and will soon be ready. ContourGlobal Maritsa East 3 TPP plans to invest a total of 145 million leva in energy storage facilities - 87 million leva from its own funds and nearly 58 million leva from European financing.

At its meeting of 23.10.2025, the FSC decided not to issue a ban on increasing the indirect qualified participation of Dragomir Velikov in the capital of the management company (MC) "Impact Capital" AD and in the capital of the management company "Compass Invest" AD, as a result of an increase in the person's direct participation in the capital of "Compass Capital" AD.

The European Central Bank (ECB) reported growth in lending to households and businesses in the euro area for September. On an adjusted basis, loans to households accelerated slightly - from 2.5 percent in August to 2.6 percent in September compared to the same month of the previous year, ECB data show. Loans to businesses continued to grow - by 2.9 percent on an annual basis, which is a slight slowdown compared to the rate of 3.0 percent recorded in August. The growth rate of the volume of the so-called broad money (the M3 aggregate) slowed to 2.8 percent on an annual basis in September 2025 compared to 2.9 percent in August. M3 is the indicator that measures currency in circulation, amounts on current accounts, deposits with a maturity of up to 2 years, deposits redeemable at notice of up to three months and marketable instruments (debt securities issued with a maturity of up to 2 years, money market fund shares/units and repurchase agreements). The annual growth rate of the narrower monetary aggregate M1 ("narrow money"), which includes currency in circulation and overnight deposits, was 5.1 percent in September, compared with 5.0 percent in August.

The US government debt-to-GDP ratio is on track to exceed the levels of both Italy and Greece for the first time this century, according to IMF forecasts, underscoring the dire state of America’s public finances. Gross US government debt will rise by more than 20 percentage points between now and the end of the decade to reach 143.4% of GDP, the IMF said, surpassing previous records set after the coronavirus pandemic. It comes as the IMF predicts the US budget deficit will hover above 7% of GDP in every year through 2030 — the highest deficit among all major developed countries the Fund monitors this year and the rest of the decade. Italy and Greece have long been singled out by economists for their fragile public finances. Both countries were at the center of the eurozone sovereign debt crisis of 2010-2012, with Greece needing a bailout and restructuring overseen by the IMF and the EU. The U.S. debt-to-GDP ratio will continue to rise through 2030, according to IMF data released this month, and the Congressional Budget Office expects the ratio to rise for decades to come.

China's industrial profits rose 21.6 percent in September from a year earlier, the National Bureau of Statistics said. The sharp jump continued a bullish trend that began in August with a 20.4 percent year-on-year increase in industrial profits. It was the biggest increase since November 2023. In the first nine months of the year, profits at major industrial firms rose 3.2 percent, official data showed, up from 0.9 percent in the January-August period. The recovery in corporate profitability is largely due to Beijing's policies aimed at curbing fierce price competition across industries amid a third year of producer price deflation. China's consumer prices fell more than expected in September, falling 0.3 percent from a year earlier, while the producer price index fell 2.3 percent. Manufacturing profits jumped 9.9 percent from a year earlier in the January-September period, while profits at electricity, heating, fuel and water supply companies rose 10.3 percent. However, profits in the mining sector fell 29.3 percent. Among industrial companies, profits at state-owned enterprises fell 0.3 percent, compared with growth of 4.9 percent for foreign industrial firms - including those with investment from Hong Kong, Macau and Taiwan - and 5.1 percent for private companies. China's economy grew 4.8 percent in the third quarter, the slowest pace in a year. Fixed asset investment unexpectedly contracted by 0.5 percent in the first nine months of the year - the first such decline since 2020 during the pandemic - according to data from Wind Information. Industrial production grew faster than expected in September, rising 6.5 percent from a year earlier and up 5.2 percent from the previous month.