Canadian businessman of Bulgarian descent Ignat Kaneff has passed away at the age of 93, his family has announced. His wealth is estimated at USD 1.2 billion. Kaneff was born on October 6, 1926 in the village of Gorno Ablanovo, Ruse district. He was one of 7 children in the family of Hristo Kanev and Mita Kaneva. Ignat Kaneff could not afford to complete school and left Bulgaria at the age of fourteen, moving to Austria. Later, he settled in Toronto where he started to work in the construction sector. Kaneff was among the largest businessmen in Canada’s construction sector. The Bulgarian-born philanthropist donated large sums mainly for educational and health purposes. In 2012, he donated USD 1.5 million for the construction of a modern conference complex at Angel Kanchev University of Ruse.
Svishtov on the Danube is celebrating 169 years since the first Bulgarian chitalishte was founded. The official celebrations will take place at the memorial plaque honouring Dimitar Nachovich. The chitalishte in Svishtov was founded on 30..
The terms and conditions for applying for the new stage of the EXPLORER programme of the Institute for Computer Science, Artificial Intelligence and Technology INSAIT at the St. Kliment Ohridski University in Sofia are to be presented today...
Bulgaria's Schengen membership is a great opportunity, but also a challenge. In order to make the most of this opportunity, administrative barriers that hinder the tourism sector must be removed. This was agreed by participants at a meeting on the..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the..
Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said. Minister Zapryanov..
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