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 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.
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far
Intercompany debt is a common aspect of the business landscape, both in Bulgaria and Western Europe
Starting April 17, Bulgaria Air has launched a new seasonal direct route between Varna, Bulgaria, and Paris, France
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
In July, Bulgaria’s eurozone entry plans will be definitively clarified
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
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase