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News
Ryanair Launches Flights to Bulgaria from November
05 08 2010
Irish no-frills airline Ryanair will carry out regular flights to Bulgaria from November, the carrier’s sales and marketing manager Laszlo Tamas said in a statement.

On November 2, Ryanair will kick off a regular route between London and Bulgaria’s second largest city of Plovdiv, which will be operated twice a week.

Talks between the Irish airline and Plovdiv Airport started in March. The company has been exploring options to strep on the Bulgarian market for the past two or three years.

Tamas said the airline...
 
SOFIX, BGTR30 extend losing streak on Bulgarian Stock Exchange
05 08 2010
Wednesday’s session on the Bulgarian Stock Exchange (BSE) ended with a turnover of BGN 8.1 million, mostly on the back of pension insurer Doverie’s sale of its stake in real estate investment trust (REIT) Prime Property for BGN 5.5 million.

Between 11:30 and 11:34 hours local time, a total of 7.33 million Prime Property shares changed hands in four transactions at an average price of BGN 0.75 a piece. The company closed 7.81% higher at BGN 0.69 per share.

Industrial Holding Bulgaria was the other key contributor in terms of...
 
Changes in Economedia’s Management and Ownership
05 08 2010
Bulgaria’s largest business media group Economedia AD, the publisher of Dnevnik business daily and Capital business weekly, announced yesterday changes in its editorial and operating management as well as in its ownership.

Shareholders said that an editorial council will be established to oversee the editorial policy of the group's publications and aim to ensure their adherence to high professional standards and the maintenance of their independence. The editorial council will appoint the editors-in-chief of Capital and Dnevnik. It will be...
 
Radisson Blue Owner to Run The Greenville
05 08 2010

Stockholm-listed Rezidor Hotel Group will take over management of Sofia hotel The Greenville, the company said in a filing to shareholders.

The hotel operator, which owns The Radisson Blue in the Bulgarian capital, will manager The Greenville under its Park Inn brand, which is present in Europe, the Middle East and the USA.

The Greenville, located near amusement park Sofia Land, opened in 2005 and was developed by local construction, property development and investment company FairPlay...

 
Rezidor Announces 1st Park Inn Hotel in Bulgaria
04 08 2010
The Rezidor Hotel Group has announced the upcoming opening of the Park Inn Sofia, the first hotel in Bulgaria with the company’s Park Inn brand.

The Park Inn Sofia is scheduled to open in the third quarter of 2010 as a re-branding of the existing Greenville Hotel and Apartments, Sofia.

“This new property will strengthen our presence in Sofia; it complements our successful Radisson Blu Grand Hotel which is located opposite the National Assembly”, says Kurt Ritter, President & CEO of Rezidor.

Originally, the...
 
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