Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
CEYLAN HOLDING OWNER MAY GET 30 YEARS SENTENCE
Business | November 1, 2001, Thursday // 00:00
- Tweet
Send to Kindle
`A state security court in Istanbul wants a 30-year prison sentence for Mahmud Ceylan,` the Turkish private television NTV announced. The defendant is the owner of Ceylan Holding which was awarded a big contract for the construction of the Gorna Arda hydroelectric facility in Bulgaria. The indictment is ready against Ceylan and another 10 defendants. The trial is expected to start in the coming days. They are charged with siphoning USD 117 M from Capital Bank, which was once property of Ceylan. Mahmud Ceylan also faces charges for the establishment of a criminal grouping
through which he drained the bank after it was nationalized - a very serious charge that carries a severe punishment upon conviction, NTV commented.
through which he drained the bank after it was nationalized - a very serious charge that carries a severe punishment upon conviction, NTV commented.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Bulgaria and Ukraine Forge Economic Ties: Trade Reaches $3 Billion
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
Business | April 25, 2024, Thursday // 14:23
Bulgarians' Real Estate Investments Reach 59 Countries
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's Euro Adoption Likely Postponed: Entry Date Shifts to Second Half of 2025
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus Expands Routes from Bulgaria: New Connections to Thessaloniki, Athens, and More
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
