Ukrainian one-dollar store chain Aurora plans to start operations in Bulgaria by opening test locations within the next six months, co-founder and CEO Taras Panasenko said in an interview with NV.Business.
According to Panasenko, the choice of Bulgaria is due to logistics: the chain is already developing its business in Romania and can deliver from its Romanian warehouse without crossing the EU’s external customs border.
Current geography of operations. Aurora operates in Ukraine and Romania. The first store in Romania opened in October 2023, and the chain is expanding rapidly. In July 2025, it announced the opening of its 50th store in the country (the first in Bucharest).
The company had also previously announced plans to enter Moldova, but there are currently no reports of it starting operations there.
Aurora is a Ukrainian multi-format chain of inexpensive everyday goods that has been expanding internationally since 2023, starting with Romania.
In terms of total trade volume, Ukraine cooperates most closely with China, Poland, and Germany. These countries form the basis of the state’s foreign economic relations, exerting a critical influence on imports and exports.
China remains the leader with a total trade volume of $8.99 billion. Poland ranks second with $6.04 billion, while Germany and Turkey are almost equal with $4.28 billion and $4.25 billion, respectively. The United States ranks fifth with $2.86 billion.
The top 10 also includes Italy ($2.38 billion), the Czech Republic ($1.64 billion), Bulgaria ($1.54 billion), Hungary ($1.53 billion), and Romania ($1.50 billion).
“The top ten partners form the basis of Ukraine’s foreign trade balance. China and the EU countries account for the largest volumes of trade, but it is important to take into account the significant negative balance in relations with these countries,” said Maksim Urakin, founder of Experts Club and economist.
He added that although the large volume of trade indicates Ukraine’s integration into global supply chains, dependence on imports from China and Europe creates strategic risks.
“Poland and Germany are key hubs for Ukrainian exports, but at the same time they are significant sources of imports. Therefore, it is critically important to balance trade flows, preserving positive sectors such as agriculture and metallurgy, and reducing dependence on critical imports,” Urakin noted.
BULGARIA, CHINA, CZECH REPUBLIC, ECONOMY, EXPERTS CLUB, FOREIGN TRADE, GERMANY, HUNGARY, ITALY, POLAND, ROMANIA, TURKEY, UKRAINE, USA, МАКСИМ УРАКИН
Foreigners are actively buying housing in Bulgaria, forming a significant share of transactions in the real estate market, according to local specialized associations and agencies.
According to the Bulgarian Real Estate Association, in 2024-2025 the greatest interest is shown by citizens of the UK, Germany, Greece, Israel, Romania and Ukraine. The most demanded objects on the Black Sea coast (Varna, Burgas, Nessebar) and in mountain regions popular for winter tourism (Bansko, Pamporovo).
Top 10 countries of real estate buyers in Bulgaria (2024-2025):
UK
Germany
Greece
Israel
Romania
Turkey
Italy
Russia
Ukraine
Poland
Experts note that the demand of foreigners stimulates the growth of prices: over the year the cost of housing in seaside resorts increased by 8-10% on average, in Sofia – by 6-7%. Apartments in new buildings in the middle segment (from €60 thousand), as well as apartments for rent to tourists remain popular.
Ukrainians are firmly entrenched in the top ten foreign buyers: their interest is due to both temporary relocation because of the war, and investment motives – the possibility of renting out housing in resort cities.
At the same time analysts predict further growth of demand from citizens of Ukraine and Israel, as well as revival of interest from EU countries, where housing prices are much higher than in Bulgaria.
Bulgaria is perceived by Ukrainians mostly positively, although a significant number of citizens remain neutral. This is evidenced by the results of an all-Ukrainian survey conducted by Active Group in cooperation with the Experts Club information and analytical center in August 2025.
According to the survey, 44.3% of Ukrainians have a positive attitude towards Bulgaria (35.0% – mostly positive, 9.3% – completely positive). Only 3.7% of respondents expressed a negative attitude (2.7% – mostly negative, 1.0% – completely negative). At the same time, 48.7% of citizens are neutral, and 3.7% admitted that they do not know enough about this country.
“For Ukrainians, Bulgaria is not only an EU member state but also a significant economic partner. In the first half of 2025, the volume of bilateral trade amounted to more than $1.53 billion, of which Ukrainian exports amounted to $558.6 million and imports from Bulgaria amounted to almost $980 million. The negative balance of $421.5 million demonstrates an asymmetry in relations, but against the background of the total volume, it confirms the importance and sustainability of economic ties,” said Maxim Urakin, founder of Experts Club.
In his turn, Oleksandr Poznyi, co-founder of Active Group, drew attention to the fact that the sociological picture shows a friendly but at the same time restrained attitude of Ukrainians.
“Almost half of the citizens have a neutral position on Bulgaria, and this is due to the relatively limited presence of this country in the public and information space of Ukraine. At the same time, positive assessments outnumber negative ones by almost ten to one, which indicates the existence of trust and good potential for further development of relations,” he added.
The survey was part of a broader study analyzing international sympathies and antipathies of Ukrainians in the current geopolitical environment.
The full video can be viewed here:
https://www.youtube.com/watch?v=YgC9TPnMoMI&t
You can subscribe to the Experts Club YouTube channel here:
https://www.youtube.com/@ExpertsClub
ACTIVE GROUP, BULGARIA, DIPLOMACY, EXPERTS CLUB, Poznyi, SOCIOLOGY, TRADE, URAKIN
One of the largest grain market operators in Ukraine, Nibulon JV LLC, is entering new markets in the Middle and Upper Danube, expanding its operations in the region and offering a full cycle of grain and metal exports, as well as cargo transportation of all types of goods via the Danube, the grain trader’s press service reported on Facebook.
The agricultural holding reminded that the first steps in the Middle and Upper Danube markets were voyages with metal products on the routes Izmail – Lom (Bulgaria) and Izmail – Smederevo (Serbia), which were carried out by the tugs Pereyaslavsky and Kozatsky using barges of its own production. These shipments confirmed the company’s readiness to work efficiently with various categories of cargo, opening up new business opportunities in Bulgaria, Serbia, Romania and other countries in the Danube region.
“Our fleet is capable of transporting various types of cargo, and this is just the beginning. We offer comprehensive solutions to the Balkan business: grain exports combined with our logistics on the Danube to Constanta, as well as river transportation of any goods between the ports of the region,” said Sergey Kalkutin, Nibulon’s Logistics Director.
Nibulon assured that expansion to the Middle and Upper Danube is part of the agricultural holding’s long-term strategy aimed at developing international river logistics.
Currently, the agricultural holding is ready to offer a competitive alternative to traditional ways of supplying grain and other cargoes. This includes grain exports to 75 countries using its own river fleet, cargo transportation on the Danube for the agricultural, metallurgical and construction sectors, and flexible terms of cooperation: DAP, EXW, FCA, FOB, real-time online cargo tracking, international experience and reputation as a reliable partner.
“Thanks to its own modern fleet and efficient logistics, Nibulon guarantees stable and safe transportation on the Danube, which opens up access to new markets,” the agricultural holding emphasized.
Nibulon JV LLC was established in 1991. Prior to the Russian military invasion, the grain trader owned 27 transshipment terminals and crop reception complexes, facilities for simultaneous storage of 2.25 million tons of agricultural products, a fleet of 83 vessels (including 23 tugs), and the Mykolaiv Shipyard.
“Before the war, Nibulon cultivated 82 thousand hectares of land in 12 regions of Ukraine and exported agricultural products to more than 70 countries. In 2021, the grain trader exported the highest ever 5.64 million tons of agricultural products, reaching record volumes of supplies to foreign markets in August – 0.7 million tons, in the fourth quarter – 1.88 million tons, and in the second half of the year – 3.71 million tons.
Currently, the grain trader is operating at 32% of capacity, has set up a special unit to clear agricultural land of mines and had to move its headquarters from Mykolaiv to Kyiv.
BULGARIA, CARGO TRANSPORTATION, Danube, NIBULON, ROMANIA, SERBIA
Romania and Bulgaria joined the Schengen area on Wednesday, and starting January 1, 2025, border controls will be abolished on the land borders of these countries with and between the Schengen countries.
“Romania and Bulgaria, welcome to Schengen,” European Parliament President Roberta Mecola wrote on social media on the night of January 1.
“From now on, there will be no more checks when crossing the land borders between Bulgaria or Romania and any Schengen country,” the European Parliament’s social network X reported.
The European Parliament recalled that border checks for air and sea travel were canceled back in March 2024.
The European Commission’s Directorate-General for Migration and Home Affairs called 2025 a historic year for Romania, Bulgaria and its people. “Full accession to the Schengen area is in line with European promises and legitimate expectations. This marks an important milestone in our history,” the statement said.
As reported in the social media of Hungary’s X presidency of the EU Council on December 12, the interior ministers “have just decided to abolish control of internal land borders with and between Bulgaria and Romania as of January 1, 2025.” Austria had previously opposed this because of the high level of illegal migration in Bulgaria and Romania, but later lifted its veto.
The Schengen area is a European space where border controls at the internal border have been abolished. The accession of countries will promote travel, trade and tourism.
Source: http://relocation.com.ua/rumuniia-ta-bolhariia-ofitsijno-vstupyly-do-shenhenskoi-zony/
