23/05/2013 16:37:14

AmCham hosted May 20, 2013 the Meet new members party held at Novotel Sofia. Six companies presented their activities: Air Berlin, GTC Bulgaria, Novotel Sofia, Quadrant Beverages, Premier Luxury Mountain Resort, and Prestige 96.

Past Events

23/05/2013 09:47:09

EU leaders in Brussels for a special summit on tax evasion and fraud hailed new political "momentum" on the issue, but few concrete measures were agreed to recoup the estimated €1 trillion yearly in lost revenues, EU Observer wrote.

International

23/05/2013 09:43:17

Bulgaria's caretaker government has granted a total of BGN 3 M to the Ministry of Economy, Energy and Tourism (MIET) for the implementation of the annual program for national tourism advertisement, Novinite.com (Sofia News Agency) wrote.

Business

23/05/2013 09:41:39

Bulgarian President, Rosen Plevneliev, is launching consultations on forming the new government with parliamentary represented parties on Thursday, May 23. Plevneliev addressed the Members of the Parliament and the nation Tuesday, as the 42nd General Assembly convened for the first time, Novinite.com (Sofia News Agency) wrote.

Topic of the Day

23/05/2013 09:38:19

“Problems in the Bulgarian energy sector has not been accumulated over the past few years but over the past 15-20 years,” said Lilyana Pavlova, MP with the Citizens for European Development of Bulgaria (CEBD) and former minister of regional development in the government of Prime Minister Boyko Borisov, speaking for the Bulgarian National Radio (BNR), Focus wrote.

Economy

23/05/2013 09:33:13

Bulgarian interim Minister of Transport, Information Technologies and Communications, Kristian Krastev, met with Turkish Minister of Transport, Maritime Affairs and Communications, Binali Yildirim in the frames of a forum of transport ministers in Leipzig, Focus wrote.

Politics

22/05/2013 09:59:13

EU leaders are gathering in Brussels for a summit to tackle tax evasion and improve Europe's energy market. After sharp divisions over the EU budget there may be more consensus on these issues, seen as vital in restoring Europe's competitiveness. Tax evasion costs EU states 1tn euros ($1.3tn; £0.85tn) a year - more than was spent on healthcare in 2008, BBC wrote.

International

22/05/2013 09:56:41

Bulgarian caretaker Transport Minister, Kristian Krastev, is to meet with Turkish counterpart, Binali Yildirim, in Leipzig, Germany, on Wednesday. The news was reported Valentin Bozhkov, Director of the Automobile Administration (Bulgaria), cited by the FOCUS News Agency. This is the first meeting of the two countries' transport ministers since January 2012, Novinite.com (Sofia News Agency) wrote.

Economy

22/05/2013 09:39:30

Foreign investors, who are still considering tapping Bulgaria’s market, will be extra cautious as long as the country is struggling to emerge from political turmoil, experts have warned. “The investors, who are already here, hope that the situation in the country will remain stable”, Michael Angerer, head of the commercial department with the Austrian Embassy in Sofia, told Bulgaria on Air TV channel, Novinite.com (Sofia News Agency) wrote.

Business

22/05/2013 09:34:56

Bulgaria’s 42nd National Assembly is to hold Wednesday, May 22 its second sitting since its establishment. Bulgarian parliament is to hear interim Prime Minister Marin Raykov; Minister of Economy, Energy and Tourism Asen Vasilev; Chairperson of the State Energy and Water Regulatory Commission (SEWRC) Evgeniya Haritonova; and Executive Director of the National Electricity Company (NEK) Krum Anastasov over the current situation in Bulgaria’s energy sector and the electricity price, Focus agency wrote.

Topic of the Day

22/05/2013 09:32:53

“The Citizens for European Development of Bulgaria (CEDB) is to file its claim to contest the parliamentary elections held in Bulgaria on May 12,” said Tsveta Karayancheva, secretary of the parliamentary group of the CEDB in the 42nd National Assembly, in an interview with the morning programme of the Bulgarian National Television (BNT), Focus agency wrote.

Politics

21/05/2013 12:19:38

На 18 и 19 май се проведоха XI-те Дни на доброволчеството, организирани от Фондация "Помощ за благотворителността в България" (ФПББ) и Американската търговска камара в България (AmCham). В инициативата се включиха 600 души от 16 фирми в София, Плевен, Сливен, Варна и Стара Загора. Те почистваха и озеленяваха паркове, работиха в дневни центрове за хора с увреждания, домове за стари хора и др. На повечето обекти дойдоха да помагат хора, научили за акцията от социалните мрежи, както и случайни минувачи.

Press Releases

21/05/2013 09:58:02

At least 91 people, including 20 children, are feared killed by a huge tornado which tore through Oklahoma City suburbs, officials in the US state say. Worst hit was Moore, south of the city, where neighbourhoods were flattened and schools destroyed by winds of up to 200mph (320km/h). About 120 people are being treated in hospitals. President Barack Obama has declared a major disaster in Oklahoma, BBC wrote.

International

21/05/2013 09:55:36

Paying in of taxes and social contributions of individuals and businesses in the first three months of the year costed less by BGN 22 million in comparison with the same period of 2012, summarized data of the National Revenues Agency, shows, Klassa wrote.

Economy

21/05/2013 09:50:53

Sofia Tech Park, Bulgaria's first technological park, will start generating revenue no earlier than end-2015, when it is expected to start functioning at full capacity, according to a report on the implementation of the project in Q1, 2013. The Sofia Tech Park company is currently working on an investment program which is to be implemented within 2.5 years, Novinite.com (Sofia News Agency) wrote.

Business

21/05/2013 09:48:38

Bulgaria's 42nd General Assembly is convening for the first time on Tuesday, May 21. The Parliament is summoned by President Rosen Plevneliev with a decree issued on May 17 under article 75 of the Constitution. The sitting started at 10 am and will continue until 1 pm. bTV is airing the sitting, Novinite.com (Sofia News Agency) wrote.

Topic of the Day

21/05/2013 09:44:09

Last year the European Parliament (EP) adopted two resolutions providing each EU member state with the opportunity to decide on whether to use fracking or not independently, energy expert Prof. Nina Dyulgerova said. According to her, the idea of common EU regulations proposed by the European Commission (EC) is "in complete dissonance" with the decisions of the EP, Focus wrote.

Politics

20/05/2013 14:47:21

Mednikarovo/Stara Zagora/Sofia, May 18. ContourGlobal Maritsa East 3 has made its participation in the Volunteer Day initiative an inspiring tradition. Faithful to their ambition to excel in their social activitiesas well as in their work, more than 50 employees of the company in Stara Zagora and Sofia joined the voluntary initiative, regularly organized by the Bulgarian Charity Aid Foundation (BCAF) in partnership with the American Chamber of Commerce in Bulgaria throughout the country.

Member News

20/05/2013 14:32:47

Sofia Airport Center (SAC) has received an award at the international SEE Green Building Awards, which took place on 16th May, in Bucharest, Romania. The developed and managed by Tishman International Companies business complex, has been recognized as one of the sustainable developments in the SEE region which have contributed most to the development of the market. The contest’s jury included 25 established international experts in the field of construction, real estate and finance. The competition is organized for the eighth consecutive year by Europaproperty.com – specialized media for real estate markets and related business.

Member News

20/05/2013 10:02:24

Yahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m), US media reports say, qouted by BBC. The acquisition is expected to be announced as early as Monday. The deal was a "foregone conclusion" and was unanimously voted for by the board, tech blog AllThingsD reported, citing sources close to the matter.

International