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Category: World

Vivacom Completes Acquisition Of Telnet
September 4, 2023September 13, 2023

Vivacom Completes Acquisition Of Telnet

Bulgarian telecommunications company, Vivacom has completed the acquisition of Telnet, following backlash from local competitors, A1 Bulgaria and Yettel Bulgaria. Telnet is one of the leading […]

Bulgarian Businessman Killed By Gunmen After Two Previous Attempts On His Life
September 4, 2023September 13, 2023

Bulgarian Businessman Killed By Gunmen After Two Previous Attempts On His Life

A prominent Bulgarian businessman was shot dead in broad daylight in Sofia. A prominent Bulgarian businessman whose rollercoaster career reflected his country’s transition from communism […]

Bulgarian Unicorn, Payhawk Simplifies Baltic Business Payments With Lithuania Expansion
September 3, 2023September 13, 2023

Bulgarian Unicorn, Payhawk Simplifies Baltic Business Payments With Lithuania Expansion

Global spend management solution and Bulgaria’s first unicorn, Payhawk, has obtained an Electronic Money Institution (EMI) license from the Bank of Lithuania. This has allowed the solution […]

EBRD And CIPE To Support Women On Boards In Croatia, Bulgaria, Greece And Romania
September 3, 2023September 13, 2023

EBRD And CIPE To Support Women On Boards In Croatia, Bulgaria, Greece And Romania

The European Bank for Reconstruction and Development (EBRD) and the Center for International Private Enterprise (CIPE) have launched a joint corporate governance training initiative  that will promote […]

Bulgaria Ups Pressure On Lukoil To Sell Balkans’ Largest Refinery
September 2, 2023September 13, 2023

Bulgaria Ups Pressure On Lukoil To Sell Balkans’ Largest Refinery

The Bulgarian government has initiated the procedure for an early termination of the import of Russian oil, which supplies the Russian company Lukoil’s refinery near […]

Bulgaria’s Swiss-Inspired Research Institute Can Be ‘World Class’
September 2, 2023September 13, 2023

Bulgaria’s Swiss-Inspired Research Institute Can Be ‘World Class’

In just under a year and a half, “insane progress” has been made in developing the world class Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) in Bulgaria, which claims […]

Emirates’ e& Buys Into PPF Telco Assets In Bulgaria, Three Other Countries, In 2.5B Euro Deal
September 1, 2023September 13, 2023

Emirates’ e& Buys Into PPF Telco Assets In Bulgaria, Three Other Countries, In 2.5B Euro Deal

PPF Group (“PPF”) and Emirates Telecommunication Group Company (“e&”) have signed an agreement under which e& will acquire a stake of 50 per cent plus one share in […]

Eurostat: Beer Production In EU Back To Pre-Pandemic Level
September 1, 2023September 13, 2023

Eurostat: Beer Production In EU Back To Pre-Pandemic Level

In 2022, European Union countries produced almost 34.3 billion (bn) litres of beer containing alcohol and 1.6 bn litres of beer which contained less than […]

Analysts: Bulgaria Adopting The Euro Will Not Have Serious Inflationary Effects
August 31, 2023September 13, 2023

Analysts: Bulgaria Adopting The Euro Will Not Have Serious Inflationary Effects

The introduction of the euro in Bulgaria will not lead to serious overall inflationary effects, according to leading economists and financiers from the Council for […]

NSI Poll: Consumer Confidence In Bulgaria Up In July
August 31, 2023September 13, 2023

NSI Poll: Consumer Confidence In Bulgaria Up In July

A regular three-month poll by the National Statistical Institute (NSI) has found that in Bulgaria, consumer confidence improved in July 2023, rising by 3.2 percentage […]

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