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.
By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine the applications submitted for making foreign direct investments in Bulgaria by investors registered..
The initiative of the British Embassy Sofia ''Ambassador for a Day'' will be held for the eighth consecutive year under the auspices of Vice President Iliana Iotova, announced the press office of Bulgaria’s Head of State. The competition for..
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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..
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..
The Association of Descendants of Refugees and Migrants from the Territory of North Macedonia sent a position to European institutions, urging European..
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