Bulgaria capitals

Bulgaria: Gaffes during the first protocol meeting of the new Minister of Foreign Affairs – Novinite.com

The first regular and routine protocol meeting of the new Bulgarian Foreign Minister Teodora Genchovska ended with a diplomatic blunder – an hour after receiving a courteous conversation with the Ambassador of Montenegro, the same state introduced new strict restrictions on the entry of Bulgarians into the Balkan country, and our Foreign Ministry did not […]

Bulgaria capitals

EBRD to lend an additional € 20 million to Bulgarian Sofia Med

SOFIA (Bulgaria), Dec.29 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) has announced that it will grant a new loan of 20 million euros ($ 22.6 million) to the Bulgarian manufacturer of Sofia Med copper products to help meet investment needs as part of its sustainable growth. The funds will allow Sofia Med […]

Bulgaria capitals

Top 10 things to know about arbitration in Bulgaria

Being an EU member state and party to the New York Convention (NYC), the Republic of Bulgaria is an attractive destination to locate the seat of your arbitration proceedings. This is especially true if you are looking for a neutral location where travel, accommodation and other costs would be considerably lower than other European jurisdictions […]

Bulgaria capitals

Rum, gin or … COVID shot? Sofia bar makes offer to increase low vaccination rate in Bulgaria

Bulgarians can now get vaccinated while having a drink in a cozy and welcoming bar turned into a COVID-19 vaccination center before the festive gatherings in the capital Sofia. The move launched by the hospitality industry hopes to keep everyone safe during Christmas celebrations this weekend, as the Balkan country still has one of the […]

Bulgaria capitals

Bulgarian Dronamics Capital begins trading on Sofia stock exchange

SOFIA (Bulgaria), December 23 (SeeNews) – Dronamics Capital [BUL:DRON], a company linked to Bulgarian cargo drone maker Dronamics, made its debut in the Bulgarian Stock Exchange’s (ESB) SME growth market BEAM following a successful initial public offering (IPO), the exchange said on Thursday . “We welcome Dronamics Capital, which is on the verge of making […]

Bulgaria capitals

Bulgaria opens 69 Covid-19 vaccination points for children aged 5 to 11

Bulgaria is opening 69 first vaccination points, in district capitals and small towns, to administer Covid-19 vaccines to children aged five to 11, it was learned at a press conference on December 21. The press conference took place a day after Bulgaria received 42,000 doses of Pfizer-BioNTech Covid-19 child-friendly vaccines. Like the globe of Sofia […]

Bulgaria capitals

Visiting Bulgaria on business? Here’s what you need to know

As travel reopens in 2022, you might find yourself called on important business in Sofia. If you’re lucky enough that your job takes you to the capital of Bulgaria, here’s a guide to getting the most out of your time in the land of roses. Where to stay The center of Sofia is full of […]

Bulgaria capitals

NATO general seeks more troops in Bulgaria, Romania

Days after Russia demanded that NATO rule out eastward expansion and withdraw from military positions outside its borders, the security bloc’s senior general suggested that the alliance strengthen its presence in Bulgaria and Romania. According to a report per German newspaper Spiegel, the supreme commander of NATO’s Allied forces in Europe, Tod Wolters, sought to […]

Bulgaria capitals

United Group provides update on Eon and Bulgaria

United Group already has 1.6 million devices connected to its next-generation Eon platform across Southeast Europe, according to Zeljko Batitic, the company’s vice president of technology. However, talk to Capital city, he added that he also has 200 developers working on Eon and constantly improving the service. In Bulgaria, 200,000 devices are already connected to […]

Bulgaria capitals

Bulgaria’s central bank increases capital cushion as lending risk increases

SOFIA, Dec. 17 (Reuters) – Bulgarian banks will need to accumulate more capital in 2023 to counter a build-up of systemic risks from low interest rates that are significantly boosting consumer borrowing, especially mortgages, said the central bank. The National Bank of Bulgaria set the countercyclical capital buffer rate on Thursday evening at 1.5% from […]

Bulgaria capitals

HR Capital’s IPO in Bulgaria 11 times oversubscribed

SOFIA (Bulgaria), Dec. 15 (SeeNews) – The initial public offering (IPO) of shares in investment firm HR Capital has been oversubscribed almost 11 times, the Bulgarian Stock Exchange (ESB) reported on Wednesday. The company raised nearly 1.5 million levs (864,000/766,900 euros) during the IPO on ESB’s small and medium-sized enterprise (SME) growth market BEAM, the […]

Bulgaria capitals

Passenger traffic at Bulgarian airports in Burgas and Varna increased 86% year-on-year from January to November

SOFIA (Bulgaria), December 14 (SeeNews) – Passenger traffic at Bulgarian airports in Varna and Burgas increased 86.4% per year to almost 1.9 million in the eleven months to November, said the German group Fraport, which operates the two coastal airports. Passenger traffic at Varna Airport increased 59.9% year-on-year to 954,433 over the January-November period, while […]

Bulgaria capitals

Bulgaria’s vaccine battle: mistrust behind COVID outbreak

Fortunately, it all started with a bit of luck. I landed in Sofia, the capital of Bulgaria, on a Sunday afternoon in late November. The weather was mild and sunny. After checking in at my hotel, I went for a walk around the city center with my film kit. “I’m not a grandpa and grandma […]

Bulgaria capitals

bne IntelliNews – Bulgarian Dronamics launches unmanned aircraft for cargo drone market that is about to explode

Bulgarian company Dronamics, which produces and operates medium-range cargo drones, unveiled its Black Swan unmanned aircraft on December 9, saying it will usher in a new era for the global cargo industry. Demand for cargo drones is increasing in the logistics industry, both light drones for first and last mile deliveries and larger cargo drones […]

Bulgaria capitals

bne IntelliNews – Bulgarian Dronamics launches unmanned aircraft for cargo drone market that is about to explode

Bulgarian company Dronamics, which produces and operates medium-range cargo drones, unveiled its Black Swan unmanned aircraft on December 9, saying it will usher in a new era for the global cargo industry. Demand for cargo drones is increasing in the logistics industry, both light drones for first and last mile deliveries and larger cargo drones […]

Bulgaria capitals

Bulgaria posts 0.6% economic growth in the third quarter of 2021

The Bulgarian economy grew 0.6% in the third quarter of the year, according to preliminary data announced by the National Statistical Institute (NSI) on December 7, below the flash estimate of 0.9 % of INS published last month. Compared to the same period of 2020, the Bulgarian economy grew by 4.6% in the third quarter. […]

Bulgaria capitals

Bulgaria was represented at a Christmas concert of the EU delegation to Canada – Novinite.com

Ministry of Foreign Affairs For the seventh time in a row, Bulgaria took part in the solemn Xmas concert in the Canadian capital Ottawa, coordinated by the EU Delegation and carried out with the help of all the embassies of EU Member States. The Bulgarian Ambassador attended the event. The 14-year tradition of diplomatic missions […]

Bulgaria capitals

N.Macedonia says goodbye to 45 people killed in bus crash in Bulgaria | World news

MORANE, North Macedonia (Reuters) – Hundreds of mourners gathered in a cemetery in a Macedonian village in cold rain on Friday to rest 10 local residents, including eight school children who were among 45 people killed in a crash bus service in Bulgaria. The bus, which was bringing tourists back to North Macedonia after a […]

Bulgaria capitals

Dronamics Capital’s IPO in Bulgaria is 4.5 times oversubscribed

SOFIA (Bulgaria), December 2 (SeeNews) – The initial public offering (IPO) of shares in Dronamics Capital, a company set up to invest in Bulgarian cargo drone maker Dronamics, was almost 4.5 times oversubscribed, has declared the Bulgarian Stock Exchange (BSE) on Thursday. The company raised the entire planned funding of nearly 6 million levs ($ […]

Bulgaria capitals

EC opens two new infringement proceedings against Bulgaria

The European Commission said on December 2 that it had opened two infringement cases against Bulgaria and had escalated five existing cases as part of its latest infringement package. In the first of two new cases where the EC sent letters of formal notice, Bulgaria was one of five member states to have incorrectly applied […]