The CEO of the state-owned dairy company LB Bulgaricum Nikolay Marinov was dismissed abruptly from the post. The State Consolidation Company, which owns LB Bulgaricum, is accusing Marinov of using imported raw material of reduced quality in the making of the dairy products, and of “waging war” on chain stores by making comments on their high mark-up and concluding contracts without the knowledge of the state-owned company principal. Nikolay Marinov has denied all accusations by the State Consolidation Company. In an interview with the BNR he stated that his removal from office was over infringed personal interests. The newly appointed CEO of the only state-run enterprise in the dairy sector Vladimir Rusev declared he would initiate an immediate financial audit.
Bulgaria’s Employment Agency reported a stable labour market in September, with the registered unemployment rate standing at 5.06%, down from 5.2% in August. Around 17,000 people found jobs through labour offices during the month, nearly 3,000 of..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to Major General of the Reserve Ivan Parapunov, Lieutenant Colonel Stefan Stefanov and Major Dimitar..
Early elections will not help anyone. If elections were held now, the caretaker government would have no power to draft the most difficult budget in the past 30 years. This was what the president of the Confederation of Independent..
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