The government has decided to terminate the memorandum with the investment fund Gemcorp for the construction of a battery park in Bulgaria, outgoing Prime Minister Kiril Petkov said for bTV. This would not entail payments for Bulgaria, Kiril Petkov added.
The offshore company Gemcorp Capital Management was founded by Atanas Bostandzhiev. Before founding Gemcorp, Bostandzhiev was CEO of VTB Capital, the British-based arm of Russia’s second-biggest bank VTB. According to western media, Gemcorp is connected to the Kremlin.
MP Desislava Trifonova asked in parliament “who actually brought the company to Bulgaria”. MP Trifonova also asked “why Bulgaria’s outgoing Premier had lied that he had ordered a counterintelligence probe into the firm and why he had lied that the company was recommended by the Unites States Embassy in Sofia and the British Embassy Sofia”.
“Podkrepa” begins a series of protest actions in key state administrations across the country, BGNES reports. The first of them is today at noon in front of the Central Office of the National Statistical Institute in Sofia and in..
The average life expectancy in Bulgaria has started to rise again and reaches 75.6 years, the government press service announced. The positive trend is mainly associated with the subsiding impact of the Covid-19 pandemic. The average..
The Bulgarian Ministry of Education and Science is organizing a national round table on 20 November on the topic “Are Restrictions Needed on Children’s Access to Social Networks?” The initiative is in cooperation with the parliamentary..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
A huge criminal network trafficking cultural artefacts and laundering money has been dismantled by the Bulgarian Prosecutor's Office, the General..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
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