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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 ($ […]
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 […]
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% […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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. […]
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 […]
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 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 […]
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 […]
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 […]
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! â€Agree with this conclusion in probably the only public conversation to date on […]
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 […]
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 […]
AFP, STARA ZAGORA, Bulgaria Nikolay Dinev, 34, worked as a coal miner for 12 years, but now faces an uncertain future as an EU-wide exit from coal is discussed at the COP26 climate conference in Glasgow, Scotland. “It will be a disaster … The closure is inevitable,” Dinev told Agence France-Presse on the outskirts of […]
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 […]
A Bulgarian LGBTQ rights group said the leader of an ultra-nationalist political party running for president carried out an attack on their offices and community center on Saturday. The Bilitis Foundation in a series of tweets said that “a group of about 10 men and women stormed” the Rainbow Hub, a community center it operates […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Bulgaria started requiring residents to show proof of vaccination to eat in restaurants, go to movies and enter malls from Thursday, as its government grapples with a spate of cases and a reluctance to vaccinate. The country has the lowest vaccination rate of any member of the European Union, with about a quarter fully vaccinated […]
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 […]
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 […]
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, […]
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 […]
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 […]
When you think of casino hotspots, where the first places you think of in Las Vegas are, maybe what about Monte Carlo, London and Manchester even have their charm in the gambling world. But how about you know if we told you that Bulgaria has its own rich history with casinos and the culture it […]
SOFIA (Bulgaria), October 19 (SeeNews) – Bulgarian real estate investment company Infinity Capital raised nearly 1.36 million levs (833,600 / 715,800 euros) in an initial public offering (IPO) on the Sofia stock exchange BEAM growth market on Oct. 18, he said on Tuesday. Investors subscribed for and paid for a total of 847,198 shares of […]
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 […]
Foreign direct investment in Bulgaria in the first eight months of 2021 amounted to 797.1 million euros, equivalent to 1.2% of gross domestic product (GDP), according to statistics from the National Bank of Bulgaria (BNB) on October 19. In the same period of 2020, FDI stood at 2.02 billion euros, but the initial amount reported […]
“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 […]
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 […]
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 […]
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 […]
Bulgarian state-owned gas company Bulgargaz is at risk of running out of money to pay for supplies from Russia and Azerbaijan after October 25. The crisis is due to the declared debt of the company that manages the central heating system of the capital – Toplofikacia-Sofia. The leadership of the state gas company issued the […]