Expats

Bulgaria Termed Cheapest 2012 Holiday Destination for Russians [Mar 27, 2012] Bulgaria and Greece are the cheapest summer holiday options for Russians, said Tuesday Alexander Tugolukov, Executive Director of the Biblio Globus company. In a statement at the international tourism exhibition MITT 2012 held in Moscow he explained that German tour operators had given up on Greece in 2012. He specified that German travel agencies accounted for 40% of the tourism revenues of ... [via YahooNews] More >>

Bulgaria Registry Agency Head Dismissed amid Bonus Scandal [Feb 20, 2012] Violeta Nikolova, Executive Director of Bulgaria's Registry Agency, has been removed from her post, according to a Monday statement of the Justice Ministry's press office. The move was triggered by the poor results of an audit of the institution which was concluded at the end of last week and yet another scandal with hefty bonus payment awarded to officials of the Registry Agency. In the ... [via YahooNews] More >>

E.ON, CEZ Bulgaria Units to Launch IPOs in April, May [Feb 17, 2012] Bulgaria's government is expected to list its 33% minority stake in E.ON and CEZ power distributors in April and May respectively in a bid to enliven the local stock exchange and boost revenues. This was announced by Emil Karanikolov, executive director of the Privatization Agency. ... [via YahooNews] More >>

Kraft Foods Bulgaria CEO Antoine Collette: Bulgaria Moves in Right Direction, Should be Faster [Feb 02, 2012] Exclusive interview with Antoine Collette, Executive Director of Kraft Foods Bulgaria, for the "Investors of the Decade" Business Survey of Novinite.com (Sofia News Agency) and Novinite.bg. ... [via YahooNews] More >>

Bulgaria Seeing Growing FDI Inquiries in 2011 - InvestBulgaria Agency Director [Oct 12, 2011] In spite of the fact that statistics suggest a low amount of FDI in Bulgaria in 2011, the InvestBulgaria Agency has seen a growing number of investment delegations and inquiries, its Executive Director Borislav Stefanov told Novinite.com (Sofia News Agency). Commenting on statistical data of the Bulgarian National Bank indicating that Bulgaria saw an outflow of FDI in the first half of 2011 ... [via YahooNews] More >>

Bulgaria's Furniture Industry Lost Forever 20% of Pre-Crisis Volume - Expert [Aug 25, 2011] Bulgaria's furniture industry will hardly ever manage to recover its pre-2008 output even after the economic crisis is overcome, according to the director of furniture producers' chamber. The Bulgarian furniture industry will lose permanently about 20% of the volume it had before the crisis, Stefan Ganev, executive director of the Bulgarian Chamber for Wood-Processing and Furniture Industries ... [via YahooNews] More >>

Bulgaria's Sports Arena Officially Named 'Armeetz Sofia Arena' [Jul 20, 2011] Bulgaria's first modern sports arena has been named Armeetz Sofia Arena. Bulgarian Sports Minister Svilen Neykov and Rumen Georgiev, Executive Director of insurance company Armeetz signed an official sponsorship contract Wednesday. The ceremony was attnded by Sofia Mayor Yordanka Fandakova. ... [via YahooNews] More >>

Bulgaria's State-Owned Power Utility NEK Welcomes New CEO [Jun 28, 2011] Mihail Andonov is the new executive director of Bulgaria's state-owned power utility NEK, Minister of Economy, Energy and Tourism Traicho Traikov announced Tuesday. Andonov replaces Krasimir Parvanov who was dismissed after who had overstepping his negotiating mandate on Belene NPP by signing a clause committing the sides to initial a final agreement on the plant's construction by June 1, 2011 ... [via YahooNews] More >>

Bulgaria: International Investors Interested in Bourse Debut [Jan 06, 2011] International investors have shown interest even before Bulgaria's stock exchange launched the sale of shares Thursday morning, the bourse's executive director said. [via YahooNews] More >>

Bulgaria Again Offered Nuclear Plant Financing [Dec 14, 2010] GOVEDARTSI, Bulgaria ? Bulgaria needs to reach a deal with Russia on the price of a planned nuclear plant at Belene before it decides how to proceed with the 2,000-megawatt project, the executive director of state power utility NEK said. [via YahooNews] More >>

Bulgaria's Kozloduy NPP CEO Resigns [Nov 05, 2010] The Executive Director of Bulgaria's Kozloduy Nuclear Power Plant, Dimitar Angelov , has resigned from his position, the Economy Minister, Traicho Traikov , has announced. [via YahooNews] More >>

Bulgaria Set for 1.8 Percentage Points Hike in Social Security Burden [Oct 15, 2010] " Social contributions payments will be upped by 1.8 percentage points as of next year, while the number of years people have to work before drawing a full pension will start to increase by four months as of 2013," Evegnij Ivanov, executive director of the Confederation of Employers and Industrialists in Bulgaria , told journalists after the meeting. [via YahooNews] More >>

Bulgaria Raises State Holding in Stock Exchange Before Majority Stake Sale [Sep 16, 2010] Bulgaria raised the state's stake in the Balkan country's stock exchange as it prepares to sell its majority to an industry investor and offer the rest to the public, said Ivan Takev, the bourse's executive director. [via YahooNews] More >>

Bulgaria Raises State Holding in Stock Exchange Before Majority Stake Sale [Sep 15, 2010] Bulgaria raised the state?s stake in the Balkan country?s stock exchange as it prepares to sell its majority to an industry investor and offer the rest to the public, said Ivan Takev, the bourse?s executive director. [via YahooNews] More >>

Bulgaria Welcomes American Jewish Committee Delegation [Aug 22, 2010] An American Jewish Committee delegation headed by its Executive Director David Harris arrives in Bulgaria on Sunday, the organization of the Jews in Bulgaria Shalom announced. [via YahooNews] More >>

Bulgaria's Bulgargaz Blames Low Usability of Gas Network for Price Hike [Jul 14, 2010] The gas distribution holdings in Bulgaria work with a surcharge by 6,5% to 6,7% , while the surcharge by the Bulgarian state company Bulgargaz is only 1,5%, the company's executive director has announced. [via YahooNews] More >>

Bulgaria with Staggering Levels of Inter-Company Debts [Jun 16, 2010] Over 60% of the firms in Bulgaria are in debt, said Wednesday Vladimir Georgiev , Executive Director of DebtNet Bulgaria, who presented data from a survey of the online register. [via YahooNews] More >>

Bulgaria Tax Chief Reveals Beating Threats [May 22, 2010] The Executive Director of the Bulgarias National Revenue Agency (NAP), Krasimir Stefanov, has revealed that he was threatened to be beaten up a month ago. [via YahooNews] More >>

Bulgaria's Devin CEO Named Business Personality of 2009 [Apr 22, 2010] Tsvetan Lazhanski, executive director of Bulgaria's top water bottling company Devin, has been elected business personality of the year 2009 in a poll, organized by business weekly Capital and Nova TV channel. [via YahooNews] More >>

Bulgaria NRA Director Confirms Gambling Tax Agreement (Novinite.com) [Mar 27, 2010] The Executive Director of Bulgaria?s National Revenue Agency (NAP), Krasimir Stefanov, has announced that the Tripartite Cooperation Council has adopted the proposed 10% tax on all gambling. [via YahooNews] More >>