Bulgaria capitals

#CCPinCEE | Chinese influence in Bulgaria

China uses different tools to increase its influence: Media and social media: The Chinese government disseminates propaganda through social media and some online and print media in Bulgarian that it owns or funds. For instance, China today (Китай днес) is a weekly covering Chinese domestic and foreign policy and bilateral relations, published by the same […]

Bulgaria capitals

Bulgaria: test case of the militarization of Gazprom

Earlier this month, Russian gas giant Gazprom said gas flow through the Nord Stream 1 pipeline would need to be stopped for further maintenance. The fear this announcement has sparked in European capitals, even as gas storage is filling up earlier than expected, speaks volumes about Europe’s predicament: there is no quick fix to dependence […]

Bulgaria capitals

Ukrainian charity fund supporting children starts operations in Bulgaria – Novinite.com

The international foundation alongside Ukraine supportyouing Ukrainian mothers and children started its activities in Bulgaria. Its goal is to give the future generation of Ukrainians a chance to grow up healthy, strong and prosperous, and to have the right to a happy and peaceful life. The aim of the foundation is to help families with […]

Bulgaria capitals

Bulgaria’s ImPulse I Revenue from Seed Investments Grows 163% in 12 Months

SOFIA (Bulgaria), August 25 (SeeNews) – Bulgarian investment company ImPulse I [BUL:IMP] said on Thursday that the median revenue generated by its portfolio of investments in start-up companies increased by 163% in the 12 months to the end of June. Up to 25% of funds raised in the company’s initial public offering (IPO) held in […]

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12 venture capital funds in Bulgaria that support local startups

Having an innovative idea for a startup is amazing. But do you know what changes the situation? That’s right, raising capital. Some will say that it is difficult to receive start-up funding in Bulgaria, and they are right. That was about a decade ago, when the local startup ecosystem was virtually non-existent. Today, this claim […]

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Bulgarian Fibank places a 10 million euro bond in the 4th tranche of the issuance program

SOFIA (Bulgaria), August 24 (SeeNews) – Bulgaria’s leading investment bank [BUL:FIB]or Fibank, said it issued a 10 million euro ($9.95 million) bond through a private placement, as part of its ongoing one-year bond issuance program with a maximum value of 100 million euros. The debt security, which has attracted strong investor interest, is the first […]

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Top 10 things to do in Bulgaria

Bulgaria is an up-and-coming summer destination for travelers looking to explore Europe on a budget. It’s no secret that Eastern Europe offers lower prices and attracts fewer people than many Western European countries. However, there is no shortage of things to do and see in Eastern European countries like Bulgaria. Bulgaria is beautiful all year […]

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Bulgaria: There are no guaranteed quantities of natural gas for October – Novinite.com

“Things with the interconnection with Greece are under control, the whole country has mobilized. A lot of time has been lost, in which nothing has really been donedeclared during a press briefing Hristo Alexiev, acting Deputy Prime Minister in charge of economic policies and Minister of Transport and Communications, president of the crisis unit. According […]

Bulgaria castles

USA Greco-Roman wrestling wraps up U20 World Championships in Bulgaria

Photo of Max Black by Taylor Gregorio, USA Wrestling. Sofia, Bulgaria – Team USA wrapped up their U20 World Championships on Sunday in Sofia, Bulgaria. The team took a bronze medal from Aden Attao at heavyweight and 39 points for a 12th place finish. Max Black finished the competition for the Red, White and Blue […]

Bulgaria capitals

B2Holding ASA signs an agreement for the sale of a subsidiary in Bulgaria

B2Holding has signed an agreement to sell 100% of the shares in its Bulgarian subsidiary, Debt Collection Agency EAD (“DCA”), to a local Special Purpose Vehicle company. The total proceeds received from the sale of DCA is EUR 48.4 million which after adjustments represent close to 100% of the book value of the portfolios. The […]

Bulgaria capitals

Bulgarian Tchaikapharma posts 5% year-on-year drop in first-half net profit, expects cap hike

SOFIA (Bulgaria), August 17 (SeeNews) – The Bulgarian company Tchaikapharma High Quality Medicines [BUL:7TH] said on Wednesday its consolidated net profit in the first half of 2022 fell to some 2.6 million levs ($1.35 million/€1.3 million) from 2.72 million levs in the same period of 2021. The company’s operating income rose to 23 million levs […]

Bulgaria capitals

Bulgarian HR Capital completes €3.1m cap increase

SOFIA (Bulgaria), August 17 (SeeNews) – Bulgarian investment company HR Capital [BUL:HRC] said it completed a new share issue by which it increased its capital to just over 9.1 million levs ($4.7 million/4.65 million euros) from 3.04 million levs raises. The capital increase, which amounted to around 6.08 million levs, is now registered in the […]

Bulgaria capitals

UPDATE 1 – Bulgaria’s GDP grows 4.8% YoY in Q2

SOFIA (Bulgaria), August 17 (SeeNews) – Bulgaria’s gross domestic product (GDP) grew 4.8% annually in the second quarter of 2022, following an annual rise of 4.5% in the three months to end of March, according to the statistics office said in a flash estimate on Wednesday. On a quarterly comparison basis, Bulgaria’s GDP grew by […]

Bulgaria capitals

Croatia’s Drugi Plan, Bulgarian Agitprop Board Serbian Political Thriller ‘Sabre’ as Balkan TV Co-Production Market Heats Up

Croatia’s Drugi Plan and Bulgaria’s Agitprop, two of South East Europe’s leading production groups, have teamed up to co-produce upcoming drama series ‘Sabre’, a political thriller revolving around the 2003 assassination of Prime Minister Serbian Zoran Djindjic produced by Belgrade- based on This and That Productions. Created by Goran Stanković and Vladimir Tagić, the series […]

Bulgaria capitals

Youngest person to circumnavigate the globe solo to land in Bulgarian capital on August 24 – The Sofia Globe

Mack Rutherford, 17, is due to land in the Bulgarian capital, Sofia, on August 24 to complete his bid to break the Guinness World Record for the youngest person to fly around the world solo in a small plane. Rutherford took off from Sofia – the location of its sponsor, ICDSoft – on March 23. […]

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Sofia stock indices close mixed, Eurohold Bulgaria drags SOFIX down

SOFIA (Bulgaria), Aug 11 (SeeNews) – Bulgarian equity indices (BSE) ended Thursday’s session on mixed results, with blue-chip SOFIX falling 0.39% to 614.74 points on the back of a 4.55% decline in energy and insurance group Eurohold Bulgaria [BUL:EUBG]. As many as 570,236 shares of Eurohold traded at an average price of 2.20 leva per […]

Bulgaria castles

The talented Greco-Roman team ready for the U20 World Championships in Bulgaria, August 15-21

Photo by Kodiak Stephens by Osvaldo Aguilar/UWW. Team USA is sending a young and talented Greco-Roman squad to the U20 World Championships in Sofia, Bulgaria. The tournament ends with the Greco-Roman competition, from August 19 to 21. Fans can watch all the action live on FloLutte. Leading the team are former World Team members Robert […]

Bulgaria sea coast

Bulgaria: book your bus tickets in advance for the southern Black Sea coast – Novinite.com

In the summer season and due to the interest in our seaside resorts, there are not enough free places on the buses. A check in the electronic system of one of the airlines showed that there are no southbound seats for today. Black Sea coastand tickets can still be purchased for destinations on the north […]

Bulgaria capitals

Bulgarian Monbat H1 net profit not contraindicated drops 34% YoY due to lower sales

SOFIA (Bulgaria), August 9 (SeeNews) – Bulgarian car battery manufacturer Monbat [BUL:MONB] said its standalone net profit fell to 5.3 million levs ($2.8 million/€2.7 million) in the first six months of 2022, from just over 8 million levs a year earlier due to a drop in sales. Monbat’s overall revenue was 163 million levs in […]

Bulgaria capitals

The “graffiti capital” of Bulgaria

Photo: Amos Chapple (RFE/RL) To share The “graffiti capital” of Bulgaria A sleepy town is transformed into a giant outdoor art gallery in an effort to rejuvenate rural life. A local couple walk past a wall with political figures interacting with cartoon characters in Staro Zhelezare on August 6. The political portraits seen in the […]

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Bulgarian caretaker government blocks gas connection with Greece

Workers at the construction site of the interconnected IGB gas pipeline, starting in Komotini, Greece and ending in Stara Zagora, Bulgaria, March 2022. Photo: EPA-EFE/DIMITRIS TOSIDIS. Bulgaria’s new caretaker government has taken steps to block the gas interconnector between Greece and Bulgaria, which was soon to deliver gas from Azerbaijan, media reported. Problems arose over […]

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Czech Aricoma acquires Bulgarian Musala Soft to expand SEE’s footprint

SOFIA (Bulgaria), August 4 (SeeNews) – Bulgarian software engineering services company Musala Soft has announced that it has agreed to be acquired by Czech industry player Aricoma Group in a deal that will will strengthen the buyer’s presence in South Eastern Europe (SEE) and increase its consolidated revenue to more than 400 million euros ($407.2 […]

Bulgaria capitals

Bulgarian capital Sofia steps up anti-Covid measures – The Sofia Globe

The regional health inspectorate in Sofia has issued an order introducing reinforced anti-epidemic measures in the Bulgarian capital, which will come into force on August 4 and will remain in force for 30 days. The district of the city of Sofia currently has the highest Covid-19 morbidity rate in Bulgaria, 467.86 per 100,000 inhabitants on […]

Bulgaria capitals

Accenture to Acquire Sentia in the Netherlands, Belgium and Bulgaria to Build Infrastructure Engineering Capabilities Across the Cloud Continuum

Accenture to Acquire Sentia in the Netherlands, Belgium and Bulgaria to Build Infrastructure Engineering Capabilities Across the Cloud Continuum AMSTERDAM; August 2, 2022 – Accenture (NYSE:ACN) has agreed to acquire Sentia’s businesses in the Netherlands, Belgium and Bulgaria. Based in the Netherlands, Sentia Group is a leading cloud consulting company that manages private and public […]

Bulgaria capitals

Bulgaria: interim government until early elections in October | app

Bulgarian President Rumen Radev on Monday appointed an interim government ahead of a new round of parliamentary elections in early October in a bid to avert the country’s political and economic crisis. × This page requires JavaScript. Javascript is required for you to play premium content. Please enable it in your browser settings. kAm%96 >@G6 […]