27.01.2012  

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American Chamber of Commerce in Bulgaria is a member of:

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European Council of American Chambers of Commerce

European Council of American Chambers of Commerce

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 US Commercial Service in Bulgaria

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The Bulgarian Investment and Business Network

 

 
      
 Upcoming Events

 

 

Business Breakfast with CMS Cameron McKenna Jan. 31

31.01.2012

Tuesday

08:30 - 10:30h

Grand Hotel Sofia, Shades of Red Restaurant
"Beneficial owner" in the context of withholding taxation: issues and practical solutions Tuesday, January 31st, 2012, 8:30 – ...
   

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Business Breakfast with Sergei Ignatov, Minister of Education, Youth and Science, and Deputy Minister Petya Evtimova, Feb. 3

03.02.2012

Friday

08:30 - 10:30h

Grand Hotel Sofia, Sofia Hall
AmCham Business Breakfast “EU Projects in Education: New Opportunities for Business-Academia Partnerships” Friday, February 3rd, 2012, ...
   

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AmCham General Assembly

07.02.2012

Tuesday

18:30 - 21:00h

Radisson Blu Grand Hotel, Alexander Hall
The AmCham General Assembly will take place on Tuesday, February 7th, 2012, 6:30 p.m., at the Radisson Blu ...
   

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AmCham Board of Directors Meeting

09.02.2012

Thursday

08:30 - 10:30h

AmCham Office. Business Park Sofia, bld. 2, fl. 6
   

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Past Events & Activities

 

  

25.01.2012 AmCham Leadership Meets with Minister Nickolay Mladenov

The Minister of Foreign Affairs Nickolay Mladenov had a meeting January 13th, 2012 with the Board of Directors of AmCham Bulgaria to discuss future partnership between the ministry and the chamber.

   

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22.12.2011 Networking, Fun at AmCham Christmas Party

AmCham Christmas party has always represented two in one combination where networking opportunities mixed with fun at yearend. This time the unique mixture formed in particular with about 1,000 guests: member companies, partners, government reps, media who gathered December 7th, 2011 at the Royal hall of the Sheraton Sofia hotel.

   

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24.11.2011 AmCham Bulgaria Collects 60 000 BGN at Thanksgiving Dinner

At its Thanksgiving community dinner on Nov. 22, 2011 AmCham in Bulgaria gathered 60 000 BGN for the projects: “Ready for Success” (scholarships for pupils and students without parents) and for “Protected Homes” project for young people leaving orphanage houses and deprived of parental care due to age of majority.

   

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Today's News

 

Topic of the Day

27.01.2012

Road closures, power cuts as Bulgaria buckles under weight of snow

Weighed down by heavy snow, Bulgaria woke up on January 27 2012 to closed roads, snow drifts of up to two metres and 121 villages without electricity. The situation in Rousse remained severe, Bulgarian National Television said. Efforts were being made to restore traffic access for lorries bound for Romania while at border crossings with Greece and Turkey, lorries were being held at parking bays. States of emergency had been declared on January 26 in Svoge, Lovech, Ivanovo, Lisichevo, Batak, Velingrad and Popovo, The Sofia Echo wrote.

   

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Politics

27.01.2012

Bulgarian, EU Presidents to Press Netherlands on Schengen

Bulgarian President Rosen Plevneliev and European Council President Herman Van Rompuy vowed to try to convince the Dutch government to reverse a negative stance on Bulgaria's Schengen entry. Thursday Plevneliev met Rompuy in his Brussels roundtrip, the first international visit since assuming office Sunday. Rompuy expressed satisfaction at Bulgaria's Schengen progress and assured that EU institutions are in favor of Bulgaria and Romania's swift accession to the Schengen Agreement, Novinite.com (Sofia News Agency) wrote.

   

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Economy

27.01.2012

EU bill gives web users "right to be forgotten"

The EU commission has unveiled a single EU-wide law on internet privacy that could see overseas firms hit with multi-million-euro fines. EU justice commissioner Viviane Reding told press at the launch event in Brussels on Wednesday (25 January) that "personal data is the currency of the digital market and it must be stable and trustworthy." She also called data protection "a fundamental right for all Europeans." The draft regulation updates an old law from 1995 and comes at a time when 250 million EU citizens log on every day, EU Observer wrote.

   

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Business

27.01.2012

Bulgarian PM Vows Sofia Airport Metro Connection by 2014

The Sofia subway will reach the airport in 2014, according to the promise of Prime Minister, Boyko Borisov. The new deadline is ahead of the previous schedule, after it became clear at the end of 2011 that the segment between the main Sofia thoroughfare "Tsarigradsko Shosse" boulevard and the airport will be included in the current program period of the EU operational program "Transport" and a public procurement tender for a construction contractor was announced, Novinite.com (Sofia News Agency) wrote.

   

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International

27.01.2012

Samsung in year end profit boost on smartphone sales

South Korea's Samsung Electronics has announced a 17% rise in profits in the last three months of 2011, as smartphone sales boosted earnings. Net profit for the quarter was $3.6bn, up from 3.42tn won in the same period the previous year, Samsung said. However, for the whole of 2011 net income was down 15% compared with 2010. Samsung's parent group is planning $42bn in capital investment this year, BBC wrote.

   

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© Copyright 2008 American Chamber of Commerce in Bulgaria

Tel: (359 2) 9742 743/4/5; Fax: (359 2) 9742 741
e-mail: amcham@amcham.bg Business Park Sofia, bld. 2, fl. 6, 1766 Sofia, Bulgaria

Member Updates

 

 

 

25.01.2012

H.S.H. Prince Albert II brings a superstar team to Bansko

H.S.H. Prince Albert II of Monaco is coming to Bansko for the 6th Ski event of his “Star Team for the Children” Charity Association. The Prince will arrive in the premier Bulgarian winter resort on January 27, leading a cast of worldknown legends in various sport disciplines. The idea of the Charity Association is through spectacular events with notorious athletes to attract children to sport, stimulate young talents and raise funds for charity causes.

   

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18.01.2012

Investor.BG AD reported 19% sales growth in the fourth quarter of 2011

On Jan. 13 Investor.BG AD reported 19% sales growth in the fourth quarter of 2011 on annual basis to BGN 1.32 million, the company announced through Bulletin Investor.bg. For the entire 2011 the sales amount to BGN 3.97 million reporting an annual increase of 14%. For the last 12 months Investor.BG’s shares become cheaper with 7% to BGN 11.49 per share and BGN 16.5 million market capitalization.

   

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21.12.2011

IX Annual HR awards of BHRMDA’2011 for successfully implemented projects

On December 16th, the Bulgarian Human Resources Management and Development Association- BHRMDA held the IX Annual HR awards of the association for successfully implemented projects within the Human Resources area. Sixteen projects took part in the competition, divided in five categories.

   

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20.12.2011

Postbank Publishes First Corporate Social Responsibility and Sustainable Development Report

Postbank published the first Bulgarian Corporate Social Responsibility and Sustainable Development Report prepared according to the international standard G3 of the Global Reporting Initiative (GRI) and certified by an independent external auditor. This is the third CSR report published by the financial institution.

   

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