Bulgaria's Tourism Struggles to Diversify Beyond Traditional Offerings
Bulgaria continues to lag behind neighboring countries in achieving significant growth in its tourism sector
Telenor Appoints Michael Foley CEO of Its Bulgarian Arm
Business | June 14, 2016, Tuesday // 17:22
- Tweet
Send to Kindle
Michal Foley. Photo credit: telenor.com
Telenor Group said on Tuesday it appointed Michael Foley as Telenor Bulgaria CEO, effective from 1 August 2016.
“I am pleased that Michael Foley will take responsibility for his second operation since joining Telenor Group,” the telecoms group’s President and CEO, Sigve Brekke, said in a statement.
Michael Foley joined the group in July 2014 when he was appointed CEO of Telenor Pakistan. He has previous experience of the Bulgarian telecom market, having served as Executive Director and Chief Commercial Officer of mobile operator Mtel from 2004 to 2005.
“I am proud of what we as a team have achieved in Pakistan. I am now looking forward to getting to know the business and team in Bulgaria and to show our customers the benefits of Telenor’s services and products and the power of digitalization’’, Michael Foley said in the statement.
The current CEO of Telenor Bulgaria, Stein Erik Vellan, will complete a three-year term at the helm of Telenor Bulgaria on 1 August 2016 and will become senior vice president and head of corporate support at Telenor Group.
Related Articles:
Bulgarians' Incomes Rise Sharply, But Spending Follows Close Behind
According to the latest figures from the National Statistical Institute, household incomes and expenses in Bulgaria continued their upward trajectory in 2024
Business | April 21, 2025, Monday // 23:00
Many Bulgarian Companies Freeze Hiring and Investment Amid US Customs Uncertainty
The newly introduced US customs policy is creating both confusion and opportunity for businesses
Business | April 21, 2025, Monday // 23:00
Bulgaria Sees Surge in Counterfeit 20-BGN Notes in Early 2025
In the first quarter of 2025, the 20-BGN banknote has overtaken the 100-BGN note as the most frequently counterfeited denomination in Bulgaria,
Mass Layoffs Continue Across Bulgaria in 2025
In the first three months of 2025, 16 companies filed 18 applications for mass layoff
Business | April 20, 2025, Sunday // 23:00
The Global Trade War Does Not Yet Impact Bulgarian Tourism
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far
The Global Trade War Does Not Yet Impact Bulgarian Tourism
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far
Every Third Company in Bulgaria Faces Payment Delays
Intercompany debt is a common aspect of the business landscape, both in Bulgaria and Western Europe
Business | April 19, 2025, Saturday // 09:00
New Direct Flight Connects Varna to Paris Starting April 17
Starting April 17, Bulgaria Air has launched a new seasonal direct route between Varna, Bulgaria, and Paris, France
Should Bulgarians Start Exchanging Their Levs for Euros?
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
Here's When We'll Finally Know if Bulgaria Will Join the Eurozone
In July, Bulgaria’s eurozone entry plans will be definitively clarified
Up to 30% Output Drop Expected by Bulgarian Exporters Over Trump Tariffs
A recent survey by the Bulgarian Industrial Capital Association shows that many Bulgarian companies anticipate a decline in production due to the new tariffs on imports announced by U.S. President Donald Trump
Business | April 18, 2025, Friday // 09:20
