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TimeShare Holdings, Inc. announced that The Company has signed a purchase agreement to acquire the Grand Hotel Dimyat, located near the Seaside Garden in Varna. The Company will be providing a down payment of 10 million shares of TMSH common stock, which will be restricted for a period of one (1) year per the agreement. [...]
German discount retailer Lidl opened on January 27 2011 its second outlet in the Bulgarian Black Sea city of Varna and its first store in Veliko Turnovo in north-central Bulgaria. The newly opened unit in Varna is on Republica Boulevard, near the store of another German discount retailer, Kaufland, which hints at the extremely aggressive [...]
Bulgaria exported 1.214 mmt wheat via Port of Varna
21, Jan 2011
Bulgaria Only via Varna port total 1.214 mmt of wheat were exported, according to the port’s chief, Captain Danail Papazov. To avoid problems on the Bulgarian market the exported wheat should not exceed 490 kmt annually, the calculations of the Ministry of Agriculture point out. According to the same source, today millers do not avail [...]
Scores of disgruntled taxi cab drivers blocked traffic Sunday in Bulgaria’s Black Sea capital Varna over taxi fares falling down in the last two months. Over 600 drivers staged a rally to protest the price of BGN 0.54 per kilometer, which they say is unrealistic and would affect negatively not only the cab business, but [...]
The freight volume processed by Port Varna, one of Bulgaria’s two major Black Sea ports, grew by 12% in 2010, year-on-year. According to data announced by Danail Papazov, CEO of Port Varna, the port handled a total of 8 million metric tons of goods and cargoes in 2010; in 2009, it processed only 6.7 million [...]
Hilton opened 200th Hotel in Europe in Varna
23, Dec 2010
Hilton Worldwide has formally announced the opening of its 200th hotel in Europe – the Doubletree by Hilton Varna – which is located in the Bulgarian Black Sea resort of Golden Sands. In a company statement, Hilton Worldwide stated it has opened 50 hotels in the region over the last three years, with 20% of [...]
Varna Power Plant activated the three reserve blocks
21, Dec 2010
To guarantee the energy balance in the country during the last week’s higher electricity consumption TPP Varna activated the three blocks kept as a reserve
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Raiffeisen Real Estate is allowed to buy Mall Varna
30, Nov 2010
Bulgaria’s Competition Protection Commission has approved the request of Austria’s biggest banking group, Raiffeisen Zentralbank Austria AG to buy out the Mall Varna shopping and office center in the Black Sea city of Varna. Raiffeisenbank will thus go ahead with the purchase 100% of Miller Mall Varna One EAD, headquartered in Sofia. RZB is the [...]
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The only direct Bulgaria-Russia transport line – the Varna-Port Kavkaz ferry – has seen an increase of freight traffic of 332% in 2010 so far, year-on-year
Varna’s newest mall ‘VARNA TOWERS’ has opened doors
26, Nov 2010
The Varna Towers shopping mall and office center in the Bulgarian Black Sea city of Varna has opened doors. One of the greatest attractions of the complex is the only rotating restaurant in Southeast Europe named Magnito, located on the top of the Eastern Tower. At the same time, the top of the Western Tower [...]
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- Tags: varna malls