Expats

Bulgaria's Retirement Funds' Assets Grow by 15% to BGN 4.5 B [Feb 24, 2012] The assets of Bulgaria's retirement funds grew by 14.68% in 2011 year-on-year, a report of the Bulgarian Financial Supervision Commission shows. The preliminary results about the private retirement funds in Bulgaria are based on their financial reports to the FSC. ... [via YahooNews] More >>

Bulgaria's Notorious Alma Tour Officially Bankrupt [Feb 16, 2012] A Bulgarian court has officially declared Alma Tour tour operator bankrupt, half a year after hundreds of foreign tourists were kept hostages at a Bulgarian airport because of the company's outstanding debts. Sofia City Court ruling was filed at the Registry Agency on January 24, the financial supervision commission announced this week. The scandal-hit Bulgarian tour operator Alma Tour and Alma ... [via YahooNews] More >>

EVN Unit in Bulgaria Gets Ok to Become Public Co [Dec 07, 2011] Bulgaria's financial regulator has greenlighted the listing of the government's 33% minority stake in the local unit of Austria's EVN AG on the local stock exchange. The two companies included in the unit, which are in charge of sales and grid operation, will be listed as public companies, the Financial Supervision Commission decided, confirming expectations that their initial public offerings ... [via YahooNews] More >>

Bulgaria Social Security New Head Tipped - Report [Jul 10, 2011] The former deputy head of Bulgaria's Financial Supervision Commission Bisser Petkov stands very high chances to be elected the next chair of the country's Social Security Institute (NOI), according to reports. "Indeed, the ruling GERB party proposed that I take over the job and I accepted. I am not sure however to how many candidates they have extended their invitation," Petkov said, when ... [via YahooNews] More >>

Bulgaria's Insurance Market Shrinks by 3.1% in 2010 Y/Y [Feb 28, 2011] The Bulgarian insurance market declined by 3.1% in 2010 compared with 2009, according to preliminary data of the Financial Supervision Commission. Thus, in 2010, the combined insurance premiums in Bulgaria amounted to BGN 1.... [via YahooNews] More >>

Bulgaria's Only Stock Exchange Goes Public [Dec 15, 2010] Bulgaria's only stock exchange became a public company after the Financial Supervision Commission approved its prospectus and the bourse was listed on its own platform. [via YahooNews] More >>

Bulgaria's Financial Supervision Commission to Present Members [Aug 04, 2010] Bulgaria's Financial SUpervision Commission will officially present Wednesday its head, Stoyan Mavrodiev, and the other four new members. Photo by BGNES [via YahooNews] More >>

Bulgaria to Have 4 New Financial Supervisors Soon [Jun 29, 2010] Bulgarias new Head of the Financial Supervision Commission, Stoyan Mavrodiev, will announce the names of the four new members of the Commission by the end of the week. [via YahooNews] More >>

Bulgaria to Have 4 New Financial Supervisors Soon [Jun 29, 2010] Bulgaria's new Head of the Financial Supervision Commission, Stoyan Mavrodiev, said he did not ask the current members of the Commision to remain at their positions. [via YahooNews] More >>

Bulgaria Ups ISAF with 65 Rangers [Jun 23, 2010] Stoyan Mavrodiev from Bulgaria's ruling party GERB has been appointed by Parliament as the head of the country's Financial Supervision Commission (FSC) for six years. The FSC supervises Bulgaria's non-banking financial sector. [via YahooNews] More >>

Bulgaria Based Insurance Company Premiums Drop by 5,9% [Apr 22, 2010] The premiums of the Bulgaria based insurance companies in 2009 have dropped by 5,9%, according to official data. The insurance policies sold in 2009 amount to an overall BGN 1,68 B, said Thursday Bulgarias Financial Supervision Commission (KFN). [via YahooNews] More >>