AmCham Home Page

08.09.2010

AmCham Initiatives
Commercial Register
AmCham M2M Program
Toastmasters Club
Joint Training Facilities
Double Tax Treaty
Green Project
White Paper Project

American Chamber of Commerce in Bulgaria is a member of:

US Chamber of Commerce

European Council of American Chambers of Commerce

Our Partners:

US Commercial Service in Bulgaria

The Bulgarian Investment and Business Network

Upcoming Events

• Vacant seats for HR Committee Chair Persons

09.07.2010

Friday

00:00 - 00:00h

There are 2 vacant seats for chair persons of the AmCham HR Committee. AmCham members only are allowed ...

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• AmCham Board of Directors meeting

09.09.2010

Thursday

08:30 - 09:30h

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• Seminar of Dr. Edward de Bono "New Thinking, Innovations, Business-Post Crisis Strategies"

23.09.2010

Thursday

08:30 - 18:00h

National Palace of Culture Sofia

AmCham Members are kindly invited to the seminar “NEW THINKING, INNOVATIONS, BUSINESS - Post-Crises Strategies” of Dr. Edward ...

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Past Events & Activities

08.07.2010	• AmCham Bulgaria Marks July 4th with Glorious Happening
It was the AmCham Bulgaria 16th celebration of July Fourth that made the US community feel like at home. The American College of Sofia provided wonderful location for the event, our member companies supplied lots of food and drinks, guests won ruffle prizes, there were spectacular fireworks, and even the weather was on our side.
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01.07.2010	• HR Committee Discusses EU Programs
AmCham HR Committee invited Valentina Simeonova, deputy minister of labour and social policy, and Martin Petkov, expert with Consulto Bulgaria to give more information to member companies regarding policy of the ministry, European programs, and current and upcoming programs under operational program Human Resources. Fifty HR specialists with Amcham member companies attended the meeting on June 29 at the American corner on Slaveikov Sq.
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30.06.2010	• AmCham and Media Discuss Investment Trends and Personal Development
Investment trends and perspectives up to 2013, professional training and further education of staff were issues at focus at the Amcham media breakfast held June 24, 2010 at the Elieff Center of AUBG. Guest speakers were: Borislav Stefanov, executive director of the Bulgarian InvestAgency, Amcham board members Stefan Ivanov, Citibank Sofia, vice-president, Thomas Higgins, BAF. Valentin Georgiev, executive director chaired the Amcham meeting entitled “Bulgaria’s Competitive Advantages in Attracting Foreign Investors.”
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Today's News

Topic of the Day
07.09.2010	• Bulgaria to Up Some Taxes to Boost 2011 Revenue
The Bulgarian Ministry of Finance has published proposals for adjustments in the tax system in a bid to increase revenue for the 2011 state budget, Sofia News Agency wrote. The proposals, posted at the Ministry's website, do not involve an overall increase in taxation rates, but introduces greater levy burdens for some cases.
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Politics
07.09.2010	• Bulgaria PM: 'I Won't Respond to Political Critics'
Bulgarian PM Boyko Borisov stated he does not feel obliged to respond to criticism leveled against his cabinet by opposition Socialist Party and supportive Blue Coalition at the start of the new political season, Sofia News Agency wrote. He also said he does not feel threatened by a non-confidence vote promised by socialists MPs.
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Economy
07.09.2010	• Global stock markets send off optimistic week
After the tumultuous August, the world’s stock markets ended the first session of September in more or less bullish mood, Dnevnik wrote. Optimism was sparked by several factors such as the string of global M&A deals, good jobless and industrial production data in the US and China and an encouraging sign by the European Central Bank (ECB) that it will continue to inject short-term liquidity into the market.
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Business
07.09.2010	• Bulgaria to seek longer life for Kozloduy NPP
Bulgarian energy minister Traycho Traykov announced that extending the operation permits of units 5 and 6 of the Kozloduy nuclear power plant is one of the ministry’s top priorities. According to Traykov, the Ministry of Economy is adhering to a clear plan to extend the lifetime of the final two working reactors of Bulgaria’s sole operational nuke plant. The process comprises “nine phases, which ensure maximum protection of national interests.”
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International
07.09.2010	• Germany agrees to extend nuclear plant life span
Germany's coalition government has decided to extend the life span of the country's nuclear power plants by an average of 12 years, officials say, BBC reported. Under the agreement, some plants will now remain in production until the 2030s, instead of being phased out by 2021 as the previous government wanted.
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Member Updates

02.09.2010	• Emporiki Bank Bulgaria – General partner of “Sculptures of Degas” exhibition
Being appraisers and guardians of high art Emporiki Bank Bulgaria supports hosting this exclusive exhibition in Bulgaria.” The sculptures of Edgar Degas” presents a full collection of bronze sculptures of Edgar Degas, the most prominent French impressionist, acknowledged by maestro Renoir “as the greatest sculptor of the 19th century”. The exhibition is held under the patronage of the French Embassy in Bulgaria and the Ministry of Culture with the support of the French Cultural Institute and National Art Gallery.
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01.09.2010	• George Randelov is the new Country Manager of Microsoft Bulgaria
He brings a wealth of experience in sales & marketing, services and general management from his previous roles. He started his career in 1991 as a product manager in a partner to IBM company in Bulgaria, prior accelerating his 15-years international career with IBM Bulgaria, being a Country Manager for 10 years and subsequently a Strategic Value Creation Team Leader – General Business, North East Europe. Prior to joining Microsoft in the last five months Mr Randelov had experienced a freelanced consulting, working with various clients groups across Europe.
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14.08.2010	• Citi Named Best Corporate/Institutional Internet Bank in Bulgaria
Citi Bulgaria is pleased to announce that it has been recognized by leading industry accolades, Global Finance World’s Best Internet Banks in EMEA 2010, given the award for “Best Corporate/Institutional Internet Bank in Bulgaria”. This award highlights Citi’s continued innovation and excellence in providing online treasury management and trade solutions that make a meaningful difference to our clients. Citi Bulgaria is very proud to walk away with the country award for the fourth consecutive year.
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07.08.2010	• Federico Ghizzoni is appointed Deputy Chief Executive Officer
The Board of Directors of UniCredit S.p.A. has granted to Federico Ghizzoni the title of Deputy Chief Executive Officer - Responsible for the CEE Divisionalization Program and CEE Banking Operations, appointing him also as Group’s Deputy General Manager.
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