Bulgaria capitals

SOFIA (Bulgaria), June 29 (SeeNews) – Bulgarian car battery manufacturer Monbat [BUL:MONB] said the European Bank for Reconstruction and Development (EBRD) and private equity firm CEECAT Capital exited their joint stake in the company. The two shareholders disposed of their stakes through a management buyout (MBO) transaction with HoldCo Investment, which is indirectly owned by […]

The Bulgarian capital, Sofia, has crossed the threshold to be upgraded from Covid-19 green zone to yellow zone, according to the June 28 update of the Unified News Portal. A yellow zone means a morbidity rate between 100 and 249.9 per 100,000 population on a 14-day basis. As of June 28, Sofia’s 14-day morbidity rate […]

The Shipka Peak tunnel in the Balkan mountain range in Bulgaria will be carried out by the PSVT consortium. Bulgaria has awarded the design-build contract for the tunnel, which is part of the Gabrovo city bypass, for around US$200 million. The tunnel will pass under Shipka Peak, which rises 1,329 meters above sea level in […]

Washington D.C.: On Friday, June 17, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Bulgaria and reviewed and approved the staff assessment without a meeting.[1] The Bulgarian economy has shown resilience during the pandemic. Thanks to political support, the economy rebounded in 2021 despite the health crisis […]

Sofia, Bulgaria — Bulgarian lawmakers on Wednesday approved a no-confidence motion against the country’s minority coalition government that could topple the centrist prime minister and further block Balkan countries’ efforts to join the European Union. The centre-right opposition GERB party tabled the motion last week, accusing the government of mismanaging public finances and economic policy […]

SeedBlinkthe European investment platform specializing in financing and scaling up technology startups, is launching a new funding round for Farmer, the Bulgarian company Agritech based in the United Kingdom, which has developed a digital market where one can buy and sell cereals. The funds will be used to support the startup’s expansion plans, with a […]

The Bulgarian capital, Sofia, is expected to see a series of large-scale protests in the week in which Prime Minister Kiril Petkov’s government faces a parliamentary vote of no confidence. Following the spontaneous demonstration outside the Parliament on June 16 after opposition parties banded together to vote against Nikola Minchev as Speaker of the National […]

Several thousand people moved on June 18 for the 15e Sofia Pride, the annual demonstration for equal rights of LGBTI people in Bulgaria. The weather in the Bulgarian capital, alternating rain and partly cloudy, did not prevent the organizers from waiting for a record attendance. Sofia Pride describes itself as “an annual pride march in […]

Protesters gather in support of the government in Sofia, Bulgaria on June 17. Photo by Svetoslav Todorov. The Bulgarian coalition will face a vote of no confidence next Wednesday, June 22, preceded by an emergency debate on Tuesday, Parliament announced on Friday. The minority cabinet of ‘We continue the change’ mandate holders, their closest allies […]

SOFIA (Bulgaria), June 15 (SeeNews) – Bulgarian battery manufacturer Monbat [BUL:MONB] said its shareholders had approved the proposed payment of a gross dividend for 2021 in the amount of 5.5 million levs (2.9 million dollars/2.8 million euros), or 0.141 levs per share . The proposal was unanimously approved by investors attending the company’s general meeting […]

An exhibition called “The Last First” at the Museum of Socialist Art in the Bulgarian capital Sofia will be open to the public from June 17 to October 23, 2022. Nikolai Ushtavaliiski, Deputy Director of the National Gallery and curator of the exhibition, explains: “Through the image of Todor Zhivkov in the works of Bulgarian […]

The Municipality of Sofia filed a cassation appeal before the Administrative Court of Sofia against the obligation to issue the birth certificate necessary for a passport for the child of a same-sex couple, despite a decision by the Court of European justice, LGBTQ+ rights organization Deystvie said on June 13. In this high-profile case, the […]

German Chancellor Olaf Scholz pushed Bulgaria to lift its blockade on North Macedonia’s EU bid during a visit to Sofia on Saturday, but failed to move the long-running dispute forward. Scholz, who stopped in Sofia on a tour of the region’s main capitals, said after a meeting with Bulgarian Prime Minister Kiril Petkov he saw […]

SOFIA (Bulgaria), June 10 (SeeNews) – Two of the four main indices of the Bulgarian Stock Exchange (BSE) ended the trading week down, with First Investment Bank, or Fibank, [BUL:FIB] set the tone for top-notch losers, according to exchange data. The SOFIX index edged down 0.04% to 620.06 points as losses were covered by a […]

SOFIA (Bulgaria), June 9 (SeeNews) — Technology and business consultancy Digitall announced on Thursday that it is expanding its presence in Poland in a bid to strengthen its position in the digital transformation and cloud experience in Europe. The company, formed in early 2021 by the merger of Bulgarian software company Bulpros and German ec4u, […]

The newly renovated Thracian tomb near Sveshtari in northeastern Bulgaria was inaugurated on June 7, according to a statement from the US Embassy in Sofia. The renovations were made possible by the American Ambassadors Fund for Cultural Preservation (AFCP), which provided more than 330,000 leva to preserve the UNESCO-designated cultural treasure for future generations to […]

SOFIA (Bulgaria), June 6 (SeeNews) – Below is a calendar of corporate, economic and political events taking place in Bulgaria or related to Bulgaria between June 10 and June 30. *Wednesday, June 8 – Sofia: Statistics Office will release data on Bulgaria’s Gross Domestic Product (GDP) for the first quarter of 2022 *Wednesday, June 8 […]

SOFIA (Bulgaria), June 3 (SeeNews) – Bulgarian construction company Trace Group Hold [BUL:T57] said its consolidated net loss increased to 1.8 million levs ($989,360/920,325 euros) in the first quarter of 2022, from 559,000 levs a year earlier, as revenue fell 5.9% on the same period. Trace Group Hold’s total revenue amounted to 20.7 million levs […]

“Inflation struggles with a conservative fiscal policy and declines economic growth. It will continue to be high, but it will stabilize and decrease. We can note a percentage of side effects, even two, but the rhythm slows down. We will see a significant reduction in inflation in 2023. If we continue to pump consumption, we […]

This article is published in collaboration with Capital as part of a content series on threats to independent media in Central Europe. Read more. The article is also available for reading on Capital’s website. If the media is seen as a weapon in times of war, Bulgaria risks shooting itself in the foot. Western nations […]

Second move attempt Ukrainian refugees of resorts and hotels on the Black Sea coast inland. 74 people boarded the train in Varna, while Sunday there were only 5 Ukrainians at the station. According to some of those already housed in the resort of Panichishte, there were not enough good conditions such as shops and pharmacies. […]

A popstar princess is set to marry her financial beau in Spain tomorrow. New York-based ‘swan of modern society’ and singer-songwriter Princess Mafalda of Bulgaria, 27, will exchange vows with dashing Lebanese-born British financier Marc Abousleiman in her mother’s hometown , Palma, Majorca. The couple met at school in London but struck up a romantic […]

The Prime Minister of the Republic of Bulgaria, Mr. Kirill Petkov, today received the Minister of Foreign Affairs, His Highness Prince Faisal bin Farhan bin Abdullah at the Prime Minister’s Office of Bulgaria in the capital Sofia. During the reception, His Highness conveyed greetings from the Custodian of the Two Holy Mosques, King Salman bin […]

The Supreme Court has upheld the parties’ freedom to contractually modify any of the conditions precedent to set-off under Bulgarian law, thereby allowing for various quasi-guarantee arrangements in commercial and financial contracts which creditors may avail themselves of. Prerequisites for legal compensation in Bulgaria Under Article 103 of the Bulgarian Law on Contracts and Obligations […]

A historic record for natural liquefied gas terminal on the Greek Isle of Revithosanear the capital Athens, is expected in June, the Greek reports the Kathimerini newspaper. 30 percent of the total planned delivery capacity is for Bulgaria, media estimates, referring to the operator of the terminal. Smaller quantities are destined for the Romanian market. […]

The advice of Korado-Bulgaria AD (BUL:KBG) announced that it will pay a dividend of лв0.19 per share on June 16. Based on this payout, the dividend yield on the company’s stock will be 3.9%, which is an attractive increase in returns for shareholders. Check out our latest analysis for Korado-Bulgaria AD Korado-Bulgaria AD dividend is […]

The annual Opera Open festival in Plovdiv begins on June 19, 2022 with a concert for peace at the Ancient Theatre. The concert, starting at 9 p.m., involves the Bulgarian Children’s Choir – with 300 children from across Bulgaria – and soloists and the Plovdiv Opera Orchestra. The festival continues until September 14. Highlights of […]

Bulgaria plans to ease pressure on cost of living after protests Bulgaria plans to ease pressure on cost of living after protests

A Bulgarian court has ordered city hall authorities in the capital Sofia to issue a birth certificate to the baby born to a gay couple from Bulgaria and Gibraltar respectively. The court’s decision was finally handed down on Monday May 16, ending a long legal battle that began after a little girl was left essentially […]

SOFIA (Bulgaria), May 16 (SeeNews) – Sofia airport operator SOF Connect has announced that it is expanding its flight schedule to and from the Bulgarian capital with four new destinations in May and June, including Zadar in Croatia. Ryanair will fly twice a week between Sofia and Zadar, SOF Connect said in a statement over […]

Sofia Airport on May 15 announced further details of its May and June 2022 schedule, including four new destinations and two new airlines that will operate from the Bulgarian capital’s airport. The airport said in a press release that Wizz Air flies to Abu Dhabi in the United Arab Emirates three times a week. Ryanair […]

Nope municipality has a positive natural increase in 2021. This is shown by data from the analysis of the Institute for Market Economics for data on population growth in Bulgaria. “While in the mechanical movement there are winning and losing parts of the country, which even – as we have seen in the year of […]

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However, current concerns quickly overshadowed the ambassador’s efforts to remind Bulgaria of the debt it owed Russia. On the same day, Bulgaria expelled two of its diplomatic subordinates for spying and announced the arrest of a senior military officer accused of spying for Russia. In the weeks that followed, Bulgaria, a country that Moscow has […]

Bulgarian Prime Minister Kiril Petkov (left) and Presidential National Security Advisor Jake Sullivan (right) @Council of Ministers Bulgarian Prime Minister Kiril Petkov received support in Washington from the administration of President Joe Biden for Bulgaria‘s anti-corruption efforts, according to the government information service. Petkov was admitted to the State Department by Under Secretary of State […]

The depopulation of the Bulgarians villages keep on going. In 1173 villageswhich is about a fifth of all the settlements of our country, live up to 50 people, and in 167 villages there is not a single inhabitant. This is shown by data from the National Institute of Statistics (INS) at the end of 2021. […]

AES Bulgaria will explore options to develop a combined 100 MW solar and battery energy storage project, as well as an 80 MW stand-alone battery storage project near the capital Sofia to support the electricity grid. AES Bulgaria, part of the global energy company AES Corporation, is the largest investor in the Bulgarian electricity sector […]

The airline’s flights for Crete will land in the capital Heraklion With the start of the new tourist season and the warmer days, Air Bulgaria will delight all its passengers with direct access flights to one of the most tempting Greek destinations, where the days are long, hot and salty, and the atmosphere – exotic. […]

A general view shows Lukoil company’s oil refinery in Volgograd, Russia April 22, 2022. REUTERS/REUTERS PHOTOGRAPHER Join now for FREE unlimited access to Reuters.com Register SOFIA, May 4 (Reuters) – Bulgaria will seek a waiver from the European Union’s proposed Russian oil embargo if such waivers are allowed, Bulgaria’s deputy prime minister said in an […]

GullivAir plane @WikimediaCommons Bulgarian airline GullivAir has stopped selling tickets for the Sofia-Skopje flight since May 21, the specialized aeronautical portal Ex-Yu Aviation announcement. According to Macedonian media, the flights are carried out with 7-8 passengers, and there were cases when there were only two or three people on board, less than the crew. It […]

The Capitals brings you the latest news from across Europe, thanks to on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. European news you deserve to read. welcome to Capitals by EURACTIV. In today’s news from the capitals: SOFIA A regional coordination center will be set up in Bulgaria to manage […]

Pomorie, Bulgaria – In the lobby of the Sunny Bay Hotel in Pomorie, a coastal town in southeastern Bulgaria, dozens of passports belonging to Ukrainian nationals are strewn across a table. Several refugees are housed here, having fled the war with Russia, and are now heading to the police station – with their passports – […]

Employees work on the Boeing 777 assembly line © Getty Images Boeing suffered a $1.2 billion hit in the first quarter due to the war in Ukraine and charges in its defence, space and security segment stemming from its Air Force One program. An additional charge of $1.5 billion is expected across its commercial division […]

Singapore: Oil rose after Russia cut off natural gas supplies to Poland and Bulgaria, deepening Europe’s energy crisis as the war in Ukraine drags on. West Texas Intermediate traded above $102 a barrel after rising 3.2% on Tuesday. Gas prices in Europe jumped after Russia cut off flows to Poland and Bulgaria, solidifying threats to […]

Bulgarian Prime Minister Kiril Petkov in Brussels on March 25. EPA-EFE/STEPHANIE LECOCQ Bulgarian Prime Minister Kiril Petkov came under fire on Tuesday for his rhetoric about a charity fund for Ukraine he launched, amid growing demands for state support for incoming Ukrainian refugees. On Monday afternoon, Petkov said that as the country’s coalition government tried […]

A Russian Ilyushin-Il-96-300 passenger plane flew from Sochi to Belgrade via Bulgaria on Sunday morning, despite the country officially closing its airspace to Russian planes in February, Belgrade television N1 reported. Petar Vojinović, the editor of the TangoSix portal, explained for N1 that the EU has, despite the sanctions, left open the possibility that thefts […]

Josif Feny, left, Anet Pchelnikova, right, Natasha Nykolyn, center, have dinner at their apartment in Sofia, Bulgaria, on Friday, April 22. Spasiyana Sergieva for NPR hide caption toggle caption Spasiyana Sergieva for NPR Josif Feny, left, Anet Pchelnikova, right, Natasha Nykolyn, center, have dinner at their apartment in Sofia, Bulgaria, on Friday, April 22. Spasiyana […]

The recent cold spell over Bulgaria will give way to warmer weather as the country heads into the four-day Orthodox Easter weekend, but the forecast also includes cloudy skies and some rain, with the possibility thunderstorms in some areas. The long weekend begins with Orthodox Good Friday on April 22 and ends on Orthodox Easter […]

Senior Pastor Caleb Waller poses in his office at the First Baptist Church of King in front of a map of the world. Photo of Neill Caldwell | The Stokes News KING – Pastor Caleb Waller understands that he is no longer in Sophia. The “new” senior pastor of the First Baptist Church of King […]

SOFIA (Bulgaria), April 14 (SeeNews) – Total passenger traffic at Bulgaria’s Varna and Burgas airports jumped to more than 158,300 in the first three months of 2022, from some 60,600 in the same period of 2021, the German group Fraport, which operates the two coastal airports, said. The number of passengers at Varna airport increased […]

SOFIA (Bulgaria), April 12 (SeeNews) – Greek toy retailer Jumbo on Tuesday reported a 12% year-on-year drop in sales in Bulgaria in the first quarter of 2022, despite a 45% annual jump in revenue. business in March following the lifting of COVID-19 green certificate requirements for indoor activities in the country at the end of […]

In March 2022, traffic at Sofia Airport was still far from pre-pandemic levels, the airport announced on April 10. Passenger numbers at the Bulgarian capital’s airport were 31% lower than in March 2019, the airport said. “However, if we compare with the results for 2021, we see an increase of 269,000 additional passengers,” he said. […]

Bulgaria and Romania buy Greek LNG reception capacity: press Greek gas transmission system operator DESFA has granted requests from Bulgaria and Romania for access to its Revithoussa LNG import terminal, SEENews reported on April 8. Bulgarian trader MET Energy already has a contract for the unloading of 142,500 meters3 LNG in May, according to the […]

Two Bulgarian politicians were arrested on April 8 after throwing red paint on the sign of the Russian Embassy in the capital Sofia, during an event they streamed live on Facebook. The two are former journalist Arman Babikyan and lawyer Nikolai Hadzhigenov, who played a leading role in the summer 2020 anti-government protests as part […]

On the frontline of the potential militarization of Russian energy, the poorest and arguably most corrupt EU member state is heavily dependent, but not without options for diversification You have 1 free item left Subscribe now for unlimited access or become a Bronze member for free For any questions, consult our FAQ or contact us […]

SOFIA (Bulgaria), April 5 (SeeNews) – Bulgarian bank TBI said it made a record net profit of 27.5 million euros ($30.2 million) last year, up 39% on an annual basis of comparison. TBI Bank’s revenue increased 24% year-on-year to EUR 124 million, mainly driven by a 14% increase in net interest income and a 70% […]

SOFIA (Bulgaria), April 4 (SeeNews) – Below is a calendar of corporate, economic and political events taking place in Bulgaria or related to Bulgaria until April 30. New events are marked with an asterisk : * Monday 4 April – Sofia: Bulgaria will auction 500 million levs (280.7 million dollars/255.6 million euros) of ten-and-a-half-year fixed-rate […]

SOFIA (Bulgaria), March 30 (SeeNews) – Nexo, the Sofia-based digital asset platform, has announced the launch of an in-house investment and acquisition fund, Nexo Ventures, through which it will deploy 150 million dollars (134.8 million euros) in the long term. term investments in commercial and institutional projects in the start-up phase related to the main […]

Ukrainian President Volodymyr Zelenskiy has said Ukraine is ready to declare its neutrality and consider a compromise over disputed areas in the east of the country to secure peace ahead of peace talks in Turkey on March 29. Ukraine’s priorities during the talks will be “sovereignty and territorial integrity”, Zelenskiy said. tell the nation in […]

North Macedonia and Bulgaria have restored a commercial air link after 13 years of interruption, as part of a symbolic confidence-building measure By KONSTANTIN TESTORIDES Associated Press March 26, 2022, 9:45 p.m. • 2 minute read Share on FacebookShare on TwitterEmail this article SKOPJE, North Macedonia — North Macedonia and Bulgaria restored a commercial air […]

March. 25. 2022 Settings Finance 2022-03-25 14:03 Korea shares tax digitization strategy with UK and Bulgaria National Tax Service (NTS) Commissioner Kim Dae-ji, left, shakes hands with Jim Harra, first permanent secretary and chief executive of Britain’s HM Revenue & Customs, after […]

SOFIA (Bulgaria), March 23 (SeeNews) – Bulgaria’s energy minister on Wednesday signed memorandums of understanding with London-based emerging markets asset manager Gemcorp Capital Management and US nuclear technology developer IP3 Corporation on energy projects which should unlock investments of around 1 billion dollars (911 million euros), according to the Ministry of Energy. According to the […]

SOFIA (Bulgaria), March 22 (SeeNews) – French IT group Atos announced on Tuesday that it has opened a security operations center (SOC) in the Bulgarian capital Sofia as part of the continued expansion of its cybersecurity activities. With the opening of the new center, Atos’ sixteenth SOC globally, the company plans to hire more than […]

BLAGOEVGRAD, BULGARIA — From his office in the former communist headquarters of this Eastern bloc country, Dave Evans has a unique perspective on Russia’s invasion of Ukraine. Since the start of the invasion, nearly 94,000 Ukrainians have arrived in neighboring Bulgaria, of whom about 50,000 still remain. So far, about 3.1 million people have fled […]

Bulgarian government to discuss aid package Ukrainian citizens seeking protection in Bulgaria following the hostilities in Ukraine. On the proposal of Minister of Tourism Hristo Prodanov, Ukrainians will be entitled to aid in the total amount of BGN 40 (EUR 20) per person per night and a meal up to three months from the filing […]

Payhawk, the London-based and Bulgaria-founded fintech that provides businesses with a unified platform for managing cards, payments, bills and expense management, has raised an additional $100m to expand its lifecycle. series B to $215 million, becoming the first Bulgarian company to achieve unicorn status. The previous round in November 2021 valued the company at $570 […]

From Bulgaria to Italy, they are on their way to let off steam in Turin. And on the way Smart Music Project will share their musical IQ in the British capital. We are happy to announce that Bulgarian Eurovision 2022 Superstars Intelligent Music Project will be performing at London 2022 Eurovision Party. On Sunday, April […]

Each week, our holiday hero, Neil Simpson, takes an in-depth look at a brilliant holiday topic, doing all the groundwork so you don’t have to. This week: bargains on the Bulgarian Riviera. For a vacation that ticks the boxes of low prices and short transfers, plus a series of day trips that include mud baths […]

Bulgaria is a beautiful country, and every year its resorts are visited by millions of tourists. We go there for the warm beaches, the high and comfortable hotels, the prestigious shops and the casinos. Thus, Bulgaria has a developed gambling industry. Bulgaria in gambling industry regulation is a real phenomenon, and it is qualitatively different […]