Varna Bulgaria
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Business news about Varna, Bulgaria
Bulgaria’s Transport Minister Ivaylo Moskovski and representatives of concessionaire Fraport Twin Star Airport Management officially opened the rehabilitated runway of Bulgaria’s Varna airport. “The concession of the Burgas and Varna airports is a good example of public-private partnership,” Moskovski said at the ceremony. “We managed to attract EU financing for the railroad infrastructure, but when [...]
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I think that this year we will manage to seriously increase the ferryboat shipments from Varna seaport to Caucasus by launching two more ferryboats (Russian and Bulgarian) along this route,” said Russian Ambassador to Bulgaria Yuriy Isakov in an interview with FOCUS News Agency. “Russia’s Lukoil has already invested in Bulgaria – in Lukoil Neftochim [...]
Landmark Centre Varna will be offered for sale at a public auction at the initial price of seven to eight million euro on March 21 2012. The sale of the Landmark business center in Varna with a guide tag of 6.7 million euro will test the attitudes of Bulgarian real estate investors toward a market [...]
The owner of Varna Power Plant will invest at least EUR 100 million in order to prolong the operation of the thermal power plant and to reduce the greenhouse gases emitted into the atmosphere, the Stroitelstvo Gradat weekly informs. That was announced by the Czech company CEZ which bought the power station from the state [...]
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2011 was a record year for the port of Varna with over nine million tons of processed cargo and over BGN 4 M in net profit. The information was announced by the Director of the Port of Bulgaria’s Black Sea capital, Captain Daniel Papazov, quoted by Radio Varna Wednesday. Expectations for 2012 are that the [...]
Bulgarian triple-play provider Vivacom has been authorised by the Communications Regulatory Commission (CRC) to trial 4G technology in the capital. Vivacom plans to deploy a Long Term Evolution (LTE) network in Sofia over the next three months. The company expects to use the platform to provide mobile broadband offerings with speeds of up to 100Mbps [...]
Cargo turnover at Bulgaria’s Black Sea port of Varna stood at a record-high 1.014 million tons in August, online trade publication maritime.bg reported. In January-August 2011, the freight traffic at Port Varna increased by 10% year-on-year, reaching BGN 5.5 million metric tons, the Bulgarian Transport Ministry announced. Grain and shipments from chemical plants based in [...]
Maja, a two-year old Polish girl from the city of Lublin, received a special welcome to Varna, as she became Varna airport’s one millionth passenger for 2011. The lucky girl, who is in Bulgaria for the first time, was welcomed by the airport’s director Dimitar Kostadinov and deputy director Plamen Hristov, who gave her a [...]
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Englishmen, Japanese and Chinese are paying taxes in Varna. They have chosen the coastal city to live there and to make business because of the low tax rates in Bulgaria. 4,848 foreign citizens had paid their taxes in the regional office of the National Revenue Agency, officials from the agency announced. The English form the [...]
The owner of business and retail centre Varna Towers is negotiating its sale, Marin Zgurev, one of the company’s managers, told Dnevnik. Mr. Zgurev, however, declined to name the potential buyers, saying only that it was in talks with several investment funds for the asset. Currently, there is no deadline for finalising the deal because [...]
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