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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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 […]

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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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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 ($ […]

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 […]

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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 […]

Bulgaria capitals

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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Inside the fight to save Bulgaria’s last narrow gauge railway

Dressed in a floral-patterned tunic and baggy pants, her hair covered in a colorful scarf, Sabie Djikova loaded a dozen bottles – 45 pounds of milk – into a backpack and handbag, the hoisted onto her narrow shoulders and walked down the unpaved road to the nearby train station. At 65, she wears less than […]

Bulgaria capitals

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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At least 45 dead when tour bus crashes and catches fire in Bulgaria

A bus carrying tourists to North Macedonia crashed and caught fire Tuesday morning in western Bulgaria, killing at least 45 people, including a dozen children, authorities said. DNA tests were underway to identify the victims. The bus apparently tore through a guardrail on a highway, although authorities said the cause was still under investigation. Photos […]

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Bus accident in Bulgaria kills at least 46 people | Bulgaria

North Macedonia has declared three days of national mourning after 46 people, including 12 children, were killed on a tourist bus in Bulgaria. Calling the incident a “huge tragedy”, Prime Minister Zoran Zaev described how seven of the passengers only survived by jumping out of the vehicle when a sudden explosion ignited it. “[They] broke […]

Bulgaria capitals

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, […]

Bulgaria capitals

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. […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

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Bulgarian centrist party launches coalition talks after surprise election victory

Kiril Petkov and Assen Vassilev, leaders of the new Bulgarian centrist party “We continue the change”, react after the first exit polls in the parliamentary and presidential elections, in Sofia, Bulgaria, on November 14, 2021. REUTERS / Stoyan Nenov / File Photo Register now for FREE and unlimited access to Reuters.com Register SOFIA, Nov. 16 […]

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Deaths 50% above normal in Bulgaria, the least vaccinated country in the EU – Eurostat

A doctor treats patients with coronavirus disease (COVID-19) in the intensive care unit (ICU) of Pirogov Hospital in Sofia, Bulgaria on October 15, 2021. REUTERS / Stoyan Nenov Register now for FREE and unlimited access to Reuters.com Register Nov. 16 (Reuters) – More than 50% more people died in Bulgaria than usual in September, official […]

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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Hospital fire in Bulgaria kills three COVID-19 patients

SOFIA, Nov. 14 (Reuters) – Three men died in a fire that broke out on Sunday in a COVID-19 ward at a hospital in the town of Sliven in southern Bulgaria, officials said. The fire, which was quickly extinguished, broke out at around 00:40 GMT and affected a room. Six patients in adjacent rooms were […]

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Third time lucky? Bulgaria hopes to end long political stalemate

Boyko Borissov, former Bulgarian Prime Minister and leader of the center-right GERB party, looks on after meeting with supporters in the town of Teteven, Bulgaria on November 10, 2021. Photo taken on November 10, 2021. REUTERS / Stoyan Nenov Register now for FREE and unlimited access to Reuters.com Register COVID-19, energy prices and corruption at […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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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Castle Forge training event: US Strike Eagles return to Romania and Bulgaria

US F-15E Strike Eagles returned to Borcea Air Base in Romania and Graf Ignatievo Air Base in Bulgaria for the second phase of forward dispersions in support of Operation Castle Forge, a multinational training event that demonstrates the agile combat job. “Castle Forge is designed to exercise the agility and rapid movement of air power […]

Bulgaria castles

Castle Forge training event: US Strike Eagles return to Romania and Bulgaria

US F-15E Strike Eagles returned to Borcea Air Base in Romania and Graf Ignatievo Air Base in Bulgaria for the second phase of forward dispersions in support of Operation Castle Forge, a multinational training event that demonstrates the agile combat job. “Castle Forge is designed to exercise the agility and rapid movement of air power […]

Bulgaria castles

Castle Forge training: US Strike Eagles return to Romania and Bulgaria

U.S. F-15E Strike Eagles returned to Borcea Air Base in Romania and Graf Ignatievo Air Base in Bulgaria for the second phase of forward dispersals supporting Operation Castle Forge, a multinational training event that demonstrates the agile combat employment. “Castle Forge is designed to exercise the agility and rapid movement of air power to forward […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

Bulgaria capitals

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 […]

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Bulgaria and North Macedonia chart path to break deadlock blocking EU progress

The leaders of North Macedonia and EU member Bulgaria appear to have considered a possible exit from a year-long dispute over a shared culture that has blocked Macedonian hopes of progressing towards membership talks with the block. But without a decisive breakthrough to dispel Sofia’s objections to opening such negotiations, EU officials acknowledged that the […]

Bulgaria sea coast

Pandora Papers: Serbian minister owns 24 apartments on Bulgarian Black Sea coast – Novinite.com

Serbian Finance Minister Sinisa Mali owned 24 apartments on the Bulgarian Black sea coast, according to documents uncovered in the new Pandora Paper case of the International Consortium of Investigative Journalists. Mali has been a minister since May 2018, and prior to that it had a four-year term as mayor of Belgrade (2014-2018). He is […]

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USAREUR-AF Band & Chorus travel through Romania and Bulgaria on their 2021 Stronger Together Tour | Item

1/2 Show legend + Hide caption – The US Army Europe & Africa Band & Chorus performed alongside the 2nd Light Infantry Band of Bulgaria on September 1, 2021, during their 2021 Stronger Together tour. U.S. Army Staff Sgt. Kayla Winslow, a singer of the group, sang a solo performance of O Mio Babbino Caro. […]

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Bulgaria in crisis will hold new early elections on November 14 | Bulgaria

Bulgaria will hold early parliamentary elections on November 14 in an attempt to resolve a political crisis that has left it without a regular government for months, the country’s President Rumen Radev said on Saturday. Bulgarians voted in April and July, but both ballots resulted in fragmented legislatures. No party has been able to form […]

Bulgaria sea coast

Real estate prices on the Bulgarian Black Sea Coast are rising – Novinite.com

80% of buyers of second homes along Bulgariafrom the Black Sea coast are Bulgarian nationals, according to expert data from a large construction and investment company. “Travel restrictions stemming from the coronavirus pandemic and the uncertain economic environment have prompted a number of people to take action and buy properties. Vacation property prices remain stable, […]

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Triple Nickel concludes exercise Thracian Star 21 in Bulgaria with allies

On Friday, the Air Force completed Thracian Star 21, an exercise designed to improve interoperability and combat effectiveness. The exercise, led by the Bulgarian Air Force and organized at Graf Ignatievo Air Base in Bulgaria, involved more than 150 people and eight F-16 Fighting Falcons assigned to the notorious 555th Fighter Squadron – known as […]

Bulgaria sea coast

Ten beaches on the Bulgarian Black Sea coast offer free umbrellas and sunbeds – Novinite.com

Ten beaches on the Bulgarian Black Sea coast are offering free parasols and deckchairs this summer, according to data from the Ministry of Tourism. Some of them are given in concession, and others – for rent, reports Monitor. The deal with dealers and tenants, like last summer, calls for the state to completely simplify the […]

Bulgaria sea coast

Southwest Alaska community on Bering Sea coast experiences severe flooding

An aerial view of flooding in Kwigillingok on June 24, 2021. (Photo courtesy of Jesse Igkurak) Kwigillingok, a community on the Bering Sea coast in the Yukon-Kuskokwim delta, is used to some flooding during high tides. But in recent years, these floods have worsened, reaching a new level last week. The flooding began Friday morning […]

Bulgaria sea coast

Bulgaria’s Black Sea Coast Is Deliciously Quiet Now But Not For Everyone – Novinite.com

At the beginning of June this year, we can really enjoy the black sea coast without crowds of tourists, without aggressive pop-folk music, without junk on the beach. But for people who make a living from tourism, the time and place are not at all idyllic, writes Deutsche Welle. Because the usual Russian vacationers are […]

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Can Bulgaria catch the digital wave? Define political priorities

Bulgaria is on the periphery of Europe, both geographically and economically. Could the wave of new digital technologies help bring the country closer to its European peers? While internet access has grown dramatically in recent years and the ICT sector has become the country’s top service export, Bulgaria still lags behind the rest of Europe […]

Bulgaria sea coast

Freight ship sinks off Turkish Black Sea coast, two dead – Coast Guard

ANKARA (Reuters) – A Palau-flagged freighter sank off the coast of Turkey’s Black Sea province of Bartin, killing two crew members, the coast guard said on Sunday, adding that search operations and rescue for more crew members continued. Bartin Governor Sinan Guner originally said the vessel, ARVIN, was a Russian dry cargo vessel that sank […]

Bulgaria sea coast

Several dead in the sinking of a freighter off the Turkish coast of the Black Sea | Expedition News

Three of the 13 crew members died, six were rescued after a Palau-flagged freighter sank in bad weather in the Black Sea. A Palau-flagged freighter sank off the coast of Turkey’s Black Sea province of Bartin, killing at least three crew members, according to Bartin Governor Sinan Guner. Guner had said earlier on Sunday that […]

Bulgaria sea coast

Bulgaria: entire neighborhoods for sale along the Black Sea coast – Novinite.com

brokers in the Black Sea the city of Burgas reports massive sales of apartments and businesses by the sea. Most of the advertisements for sale come from Russian owners who, years ago, bought houses on the Black Sea coast, Nova TV reported. Burgas saw the new year with a number of closed outlets for sale […]

Bulgaria sea coast

A tarnished gem? Building poorly on the Ukrainian Black Sea coast

ODESA, Ukraine – Dotted with Mediterranean-style cottages and modest low-rise houses, the winding descent to Golden Shore’s public beach could be charming – if it weren’t for the huge concrete carcass looming from ‘down. Here on the southern outskirts of Ukraine’s Black Sea port city, beachgoers grab snacks and souvenirs under the looming presence of […]

Bulgaria sea coast

Archaeology: Sunken glass treasure discovered near Burgas on Bulgaria’s Black Sea coast

Part of the largest hoard of sunken glass on Bulgaria’s Black Sea coast has been discovered off the coast of Burgas, according to a press release from the Municipality of Burgas. The statement said that for years archaeologists were aware of the discovery of such artifacts by divers, but not of the precise location of […]

Bulgaria sea coast

Thermal springs and mud therapy on the Bulgarian Black Sea coast

In this episode of Postcards, Euronews explores the waters of the Bulgarian region of Varna, along the Black Sea coast. It is an Iincreasingly popular holiday destination with its elegant seaside resorts, golden beaches, such as the famous Albene, and natural hot springs. And, of course, its famous spas. In the city of St Constantine […]

Bulgaria sea coast

Bulgarian Black Sea Coast: Albena hotels close due to lack of tourists – Novinite.com

The Albene resort complex began the gradual closure of hotels. The reason is the decline in the number of tourists after the suspension of charter flights and Germany has declared our northern Black Sea coast a dangerous destination. The fact that tourists to the resort are mostly Bulgarians and Romanians is also reflected, and their […]

Bulgaria sea coast

Bulgaria: southern Black Sea coast is safe and coronavirus-free tourist destination – Novinite.com

Despite the increase in Covid-19 cases in Bulgaria, its southern Black Sea coast is a safe and coronavirus-free tourist destination, results of a large-scale test have shown in the coastal city of Bourgas and its surroundings. June 25. Tomorrow, the first charter flight with tourists from Amsterdam is expected to land at Burgas airport. Today, […]

Bulgaria sea coast

Travel agent failure leaves hundreds stranded on Black Sea coast

More than 200 Irish holidaymakers on the Black Sea coast have seen their journey home over the next few days clouded by uncertainty following the collapse of a group of travel agents. Efforts were underway on Friday to bring back nearly 60 Irishmen stranded in Bulgaria after the Aviation Regulatory Commission (CAR), which regulates travel […]

Bulgaria sea coast

Experts Uncover Ancient Greek Heritage on Bulgaria’s Black Sea Coast

Excavations of the ancient Greek colony of Apollonia Pontica (Balkan Heritage Field School) The Greek heritage of six centuries BC was discovered by archaeologists exploring the ancient Hellenic settlement of Apollonia Pontica in present-day Bulgaria. According to the Archeology in Bulgaria news site, excavations have uncovered the well-preserved remains of a dwelling as well as […]

Bulgaria sea coast

Russian tourists flock to Bulgarian Black Sea coast | Europe | News and events from across the continent | DW

The pharmacist here in Kranevo, a Bulgarian town on the Black Sea, speaks Russian. Her clients speak to her in Bulgarian. “Sorry,” she said, noticing her mistake. “90% of my clients are Russian.” The whole region is like this: in summer, the 1,000 inhabitants of Kranevo give in to a deluge of Russian tourists. Restaurants, […]