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 […]

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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 […]

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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 […]

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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. […]

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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 […]

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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 […]

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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 ($ […]

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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 […]

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Bulgaria expects budget surplus of 0.4% of GDP by end of November

SOFIA, Nov. 30 (Reuters) – Bulgaria expects a budget surplus of 570 million levs ($ 328.72 million) in the first 11 months of the year, or 0.4% of economic output , as the economy recovers and tax collection improves, the finance ministry said on Tuesday. The Balkan country is targeting a budget deficit of 3.6% […]

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Eurowind Energy and Solarpro to build 250 MW solar power plant in Bulgaria

Denmark-based Eurowind Energy CEO Jens Rasmussen said the joint venture with Renalfa in Bulgaria will install 2 GW of renewable energy capacity in the Balkan country, starting with a 250 MW solar power plant in the province of Yambol. Eurowind Energy has set up a joint venture called EURA Energy with Bulgarian investment company Renalfa […]

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Bulgaria is a member state of the European Union

While the percentage of complete pollination in Western Europe is generally around 70 percent, as in Norway, it is catastrophically low in parts of Eastern Europe. Figures in Bulgaria show less than 25 percent received two doses Our world in data. The country has the lowest vaccination rate and the highest covid-19 death rate in […]

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Study in Bulgaria! Here are 5 best universities to consider

In one of the previous articles, I provided you with a short guide on what to expect when studying in Bulgaria. A true picture of the higher education system in this South Eastern European country must have been painted in your mind. What remains to tell you in more detail are the options available to […]

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Ultranationalists try to disrupt protest in Bulgarian capital against violence against women

There were tensions on the night of November 25 as a small group of ultra-nationalists attempted to disrupt a protest in Sofia, the capital of Bulgaria, against violence against women. According to eyewitness accounts, the group arrived at the well-attended demonstration carrying a Bulgarian flag and a banner saying that the campaign against violence against […]

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46 tourists die CALCINATED in the crash of the bus in which they were traveling – CVBJ

A tragic car accident occurred on the roads of Bulgaria has been around the world because 46 people died from burns, including 12 minors, after the bus in which they were traveling will crash and then I know set on fire, so many passengers were trapped. Most of the victims were from North Macedonia, where […]

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Bulgaria Bus crash kills dozens

At least 45 people died when a bus caught fire and crashed into a highway in western Bulgaria on Tuesday, officials said. The bus had North Macedonian plates, according to the Bulgarian Interior Ministry, and local media reported that most of the victims were from that country. Nikolai Nikolov, head of the fire safety service […]

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Bulgarian president wins comfortable re-election

Bulgarian President Rumen Radev, a popular figure in the fight against corruption in the poorest country in the European Union, won a comfortable re-election on Sunday. “Bulgaria is breaking the deadlock,” said the former fighter pilot after polls estimated his share of the vote at 66%. Bulgarians voted “for change, for a break with corruption, […]

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Onecoin Victims Bulgaria petition for asset seizure and compensation – bitcoin news

A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged the Bulgarian authorities to follow up on the case, claiming that the “biggest pyramid scheme in the world” is still operating out of the country. In a petition addressed to the Bulgarian constitutional mediator, Jonathan Levy accuses the authorities in Sofia of […]

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Industrial Bulgaria: Report of a general meeting of shareholders

Minutes of a general meeting of shareholders 19.11.2021 09:13:39 (local time) Company: Industrial Holding Bulgaria PLC-Sofia (IHB)The extraordinary general meeting of shareholders of Industrial Holding Bulgaria on November 18, 2021 adopted the following resolutions:– Adoption of a decision to reduce the company’s capital, on the basis of art. 200, ch. 2 in conjunction with art. […]

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Velocity exercises option to acquire 70% stake in Makedontsi project in Bulgaria

Receive instant alerts for news on your actions. Claim your 1-week free trial for Street Insider Premium here. VANCOUVER, British Columbia, November 16, 2021 (GLOBE NEWSWIRE) – Velocity Minerals Ltd. (TSX.V: VLC) (“Speed“or the”Society“) announces that it has delivered an option exercise notice (the”Exercise notice”) To Gorubso-Kardzhali AD (“Gorubso“) for the Nadezhda property (the”Goods“), which […]

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The increase in the ceiling of Doverie-Invest in Bulgaria is entered in the commercial register

SOFIA (Bulgaria), November 16 (SeeNews) – Diversified Bulgarian group Doverie United Holding [BUL:DUH] indicated that the capital increase of 2 million levs (1.2 million dollars / 1.0 million euros) of its wholly-owned subsidiary Doverie-Invest was entered in the register of public limited companies on November 12. The share capital of Doverie-Invest now stands at 7 […]

Bulgaria capitals

A guide to studying in Bulgaria for students

Bulgaria is a developing country in south-eastern Europe and enjoys a delightful geographical location with a mixture of many cultures; it borders Romania, Greece, Turkey, North Macedonia and Serbia. Bulgarian culture has therefore been strongly influenced by its own history and the pervasive cultures of the neighborhood. Among other things, the country is striving to […]

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Larger presence in Eastern Europe: VTG launches new company in Bulgaria

Larger presence in Eastern Europe: VTG launches new company in Bulgaria Hamburg / Sofia, 08. November 2021 – VTG Rail Logistics Bulgaria EOOD opens its doors – Liubomir Illiev and Stelios Archontakis jointly lead the operation – Opening of an office in Sofia, the Bulgarian capital VTG Rail Logistics has strengthened its presence in the […]

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Pupils in 15 districts in Bulgaria remain in distance learning as antigen testing delayed

Students in 15 of Bulgaria’s 28 districts will continue to study online until another 200,000 non-intrusive tests for Covid-19 arrive, the education ministry said on November 9. Bulgaria has introduced a system where pupils in grades 1 through 4 can resume learning in person, while being tested twice a week. The test is based on […]

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Why Bulgaria’s foreign policy is missing from the current election campaign – Novinite.com

Foreign police is absent from this election campaign. In addition, voters hardly ask for candidates on this subject, except for relations with North Macedonia. Representatives of “Démocratique Bulgaria“,” We continue the Change “, GERB,” BSP for Bulgaria“and” Get up BG! We’re Coming! ”Agree with this conclusion in probably the only public conversation to date on […]

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bne IntelliNews – Bulgaria reveals how millions of euros were diverted from the construction of the Hemus highway

Around 60 million BGN (30.7 million euros) paid in advance for the construction of lot 5 of the Bulgarian Hemus highway was transferred to front companies and then exported from the country in bags and sacks, a Acting Interior Minister Boyko Rashkov said on November 5. The day before, the arrest of more than 10 […]

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Bulgarian BlackPeak Capital acquires minority stake in Romanian Verdino Green Foods

SOFIA (Bulgaria), Nov. 5 (SeeNews) – Bulgaria-based private equity firm BlackPeak Capital, through the BlackPeak Southeast Europe Growth Equity Fund, has purchased a minority stake in the Romanian-based meat substitute company of Verdino Green Foods plants, Verdino said. The capital provided should allow Verdino to accelerate its growth and support its international expansion, Romanina said […]

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Bulgaria joins the International Development Association

The country becomes 174e member of the World Bank’s Fund for the Poorest SOFIA, November 3, 2021 – Bulgaria today signed the statutes of the World Bank’s International Development Association (IDA), joining a global coalition of development partners committed to accelerating the fight against extreme poverty and promoting shared prosperity in the poorest countries in […]

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CEZ Distribution Bulgaria cuts net profit to 9 months due to higher expenses

SOFIA (Bulgaria), November 1 (SeeNews) – Electricity grid operator CEZ Distribution Bulgaria [BUL:CEZD] said its self-sustaining net profit fell to 27.1 million lev ($ 16.3 million / 13.9 million euros) during the period January-September 2021, from 37.1 million lev. during the same period of last year. CEZ Distribution Bulgaria’s expenses reached 260.4 million Lev in […]

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Extremists ransack LGBTI community center in Bulgarian capital

A group believed to belong to the extremist Bulgarian National Union and led by its presidential candidate Boyan Rasate ransacked the Rainbow Hub LGBTI community center in Bulgaria’s capital Sofia on the evening of October 30. Rainbow Hub activist Gloria Filipova told media that during the assault, in which extensive property damage was caused to […]

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Representatives of Bulgarian companies today protested against the green certificate – Novinite.com

national demonstration against new measures against COVID-19. Representatives of sectoral organizations oppose the green certificate, which they say was introduced in haste and without clear conditions. Sofia Sofia protesters first gathered in Orlov Most and blocked traffic at the intersection. The disgruntled workers continued their demonstration with a procession to reach the building of the […]

Bulgaria capitals

The raising of the limit of Infinity Capital in Bulgaria is entered in the commercial register

SOFIA (Bulgaria), October 28 (SeeNews) – Bulgarian real estate investment company Infinity Capital has announced that its capital increase via a new share issue has been entered in the register of public companies on October 27. The share capital of Infinity Capital now stands at 1.45 million levs (862,800/741,400 euros) divided into 1,454,883 ordinary shares […]

Bulgaria capitals

Bulgarian Doverie United Holding increases capital of Doverie-Invest unit

SOFIA (Bulgaria), October 28 (SeeNews) – Diversified Bulgarian group Doverie United Holding [BUL:DUH] announced that it would increase the capital of its wholly-owned subsidiary Doverie-Invest by 2 million levs (1.2 million dollars / 1.0 million euros). Doverie United Holding will subscribe and pay 2,000,000 new ordinary shares at a price of 1 lev each in […]

Bulgaria capitals

Bulgarian OfficeRnD raises $ 10 million in funding round led by US Runa Capital

SOFIA (Bulgaria), Oct.27 (SeeNews) – Bulgaria-registered software solutions provider OfficeRnD said it had raised $ 10 million (€ 8.6 million) in a funding round led by US venture capital firm Runa Capital and joined by Flashpoint Venture Capital and Sofia-based LAUNCHub Ventures. The company will use the funds to significantly advance its products, forge new […]

Bulgaria capitals

Why Bulgaria and Romania failed in COVID mission – EURACTIV.com

The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network. You can subscribe to the newsletter here. The European news that you deserve to read. welcome to The capitals by EURACTIV. In today’s news from the Capitals: SOFIA | BUCHAREST The two Balkan countries have the lowest vaccination […]

Bulgaria capitals

How and where a ‘free’ antigen test can be done in Bulgaria – Novinite.com

You probably remember the long lines outside the only labs that offered paid PCR testing. Similar, but longer, are the queues in front of vans in shopping malls or central locations where antigen testing for green certificates is performed. In this case, it is valid for 48 hours. The government announced last week that it […]

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C-bank lowers Bulgaria’s GDP growth forecast for 2021 to 3.9%

SOFIA (Bulgaria), Oct.22 (SeeNews) – Bulgaria’s real gross domestic product (GDP) is expected to grow 3.9% in 2021, the central bank said, lowering its previous projection of 4.1% for economic growth This year. Economic growth should then accelerate to 4.7% in 2022 before slowing to 3.8% in 2023, the National Bank of Bulgaria (BNB) said […]

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Bulgaria: Electronic system failures temporarily blocked the work of vaccination centers – Novinite.com

The failures of the National Health Information System (SNIS) blocked the work of vaccination centers. Despite the large influx of applicants, it was not possible to enter data before noon, medical institutions confirmed to OFFNews, with vaccination open tips. The first signal of a system failure was given by UMHAT “St. Anna”: “Although 2 teams […]

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Bulgaria is slowly but surely adopting hydrogen in public transport

Bulgaria is slowly but surely adopting hydrogen in public transport Experts presented a portfolio of projects on rapid hydrogen deployment, with Ruse and Sofia as the first to get a taste of the new technology Today at the hybrid conference ‘Hydrogen Industry – Good Practices from Germany. New opportunities for Bulgaria “, teacher. Daria Vladikova […]

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Covid-19 in Bulgaria: two hospitals in Sofia suspend routine operations, some universities switch to distance education

In response to the worsening Covid-19 situation in Bulgaria, two major hospitals in the capital Sofia – Alexandrovska and Pirogov – have temporarily suspended admissions and planned operations. Alexandrovska said that from October 21, she was suspending planned admissions and operations until the epidemic situation changed. On the orders of the Sofia regional health inspectorate, […]

Bulgaria capitals

Covid-19: Schools in the Bulgarian capital, several municipalities switch to distance education

Schools in the Bulgarian capital Sofia and municipalities in five other districts will switch to distance education from October 21, following a decree issued by the Interim Minister of Education Nikolai Denkov. This follows the order issued by the Interim Minister of Health Stoicho Katsarov, which says that schools in municipalities where the Covid-19 morbidity […]

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Bulgaria introduces Green COVID-19 pass – EURACTIV.com

The Bulgarian government has significantly tightened restrictive measures in an attempt to stem the fourth wave of coronavirus infection. From Thursday, the Green pass becomes compulsory for most indoor activities. The Covid certificate will be mandatory for universities, restaurants, businesses with an area of ​​more than 300 square meters, hotels, cinemas, theaters, gymnasiums, gymnasiums and […]

Bulgaria capitals

Passenger traffic at the Bulgarian airports of Varna and Burgas increased by 85% year-on-year from January to September

SOFIA (Bulgaria), October 19 (SeeNews) – Passenger traffic at Bulgarian airports in Varna and Burgas grew 84.8% per year to over 1.7 million in the nine months to September, reported the German group Fraport, which operates the two coastal airports. Passenger traffic at Varna airport increased by 57% over the year to reach 824,551 during […]

Bulgaria capitals

BAIC President: Bankruptcies in Bulgaria are inevitable, the economy will stop – Novinite.com

“Further measures are needed to limit the damage to Bulgarians economy high electricity prices. The price on the open market is already a record – 482 BGN per megawatt hour “,said in “This Morning” Vasil Velev, chairman of the board of directors of the Association of Industrial Capital (BAIC). “What is discussed as compensation is […]

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EC supports completion of Belene nuclear power plant project in Bulgaria

SOFIA (Bulgaria), October 18 (SeeNews) – The European Commission will support Bulgaria if the country decides to complete the project to build a new nuclear power plant (NPP) in Belene, said Commission Vice-President Frans Timmermans, as Sofia prepares to negotiate with the European executive a deadline for the closure of polluting coal plants. “We will […]

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A general introduction to the regulation of foreign investments in Bulgaria

An excerpt from The Foreign Investment Regulation Review, 9th edition Overview After the collapse of the Soviet bloc, Bulgaria underwent significant socio-economic restructuring and opened its market to global capital, while integrating into European and global production networks. An essential element of the reform was to create a healthy business environment in which businesses can […]

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Bulgarian REIT FairPlay Properties opens proceedings to raise the ceiling

SOFIA (Bulgaria), October 14 (SeeNews) – Bulgarian Real Estate Investment Fund (REIT) FairPlay Properties [BUL:FPP] has launched a capital increase procedure by exercising warrants. FairPlay Properties REIT intends to offer warrant holders up to 219,517,800 voting common shares of 1 lev par value each, the REIT said in a stock exchange filing on Wednesday. The […]