Bulgaria Faces Extradition Dilemma for Russian-Canadian Accused of Financial Crimes
A Russian citizen, who also holds Canadian citizenship and has business interests in Bulgaria
The Central Universal Store (CUS/ЦУМ) building in Sofia is set for a major transformation in two phases, with the first phase expected to be completed by April 2025 and the second by 2027, reports BNR. Ahmed Nasser, founder and director of the company overseeing the project, announced that the aim is to restore the building's functionality and establish it as a modern icon of Sofia, blending utility and excellent location.
The renovation plan includes significant interior upgrades. On the first floor, there will be three main areas: two exhibition halls dedicated to Bulgarian and Egyptian history, and a museum featuring a rose oil workshop. The upper floors are slated to house a shopping area, restaurants, a spa center, and a five-star hotel spread over two levels. Additionally, the building will feature a convention area, co-working spaces, a business center, an accelerator, and dedicated space for scientific research.
Nasser emphasized that the investment is designed to enhance not only the hospitality and wellness sectors but also to foster business meetings, the IT industry, and scientific endeavors. The redevelopment is envisioned as a commercial and tourist hub that will promote Bulgaria as a prime destination, with a focus on year-round health tourism.
A comprehensive presentation of the CUS transformation project will be held on September 19 at the Bulgarian Chamber of Commerce and Industry.
Bulgarian farmers impacted by the import of agricultural crops from Ukraine are set to receive 200 million leva in compensatio
Bulgarian farmers and grain producers in the Kyustendil region are expressing their dissatisfaction over the delayed payments promised under the "Ukrainian aid" scheme
Plovdiv Airport has announced the resumption of direct flights to Manchester
Bulgaria's Deputy Prime Minister and Finance Minister, Lyudmila Petkova, confirmed that the draft budget for 2025 will target a deficit of no more than 3% of the country’s GDP
According to a World Bank report, Bulgaria has been recognized as one of the leading countries for business operations
Sofia's Mayor Vasil Terziev reassured residents that there are no risks for the upcoming heating season after a meeting with Energy Minister Vladimir Malinov
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023