Send to Kindle
Photo by dariknews.bg
Russian tourists accommodated in Bulgaria via Bulgarian tour operator Bulgarian VIP Tours (BVT) will finish their holidays free of trouble, according to Bulgaria's Deputy Minister of Tourism Ivo Marinov.
"On Tuesday afternoon, the Ministry of Economy, Energy and Tourism received information about the financial condition of Bulgarian VIP Tours. Steps were taken to make sure that all tourists who are already in Bulgaria, or are yet to arrive can spend their holidays normally," Marinov said Thursday morning in an interview for the Bulgarian National Radio (BNR).
He explained that Russian tour operators traditionally worked with several Bulgarian companies, meaning that after BVT's announcement that it was stopping business operations, the tourists would be serviced by other Bulgarian tourist firms.
Marinov informed that the bankrupt company had been servicing around 1000 tourists, including Russians and citizens of Iran, Kazakhstan and Romania.
The Deputy Minister vowed that Russian tourists currently on holiday in Bulgaria would not experience any difficulties, while tourists from other countries were protected by an EU Directive saying that the tour operator is liable in cases of bankruptcies when the tourists cannot receive the service they paid for.
He added that the matter was regulated differently in the different countries.
Marinov assured that Bulgarian tour operators were ready to react, stressing that there would be no problems with tourists about to arrive or depart.
He also informed that there were no Bulgarians spending their holidays abroad serviced by BVT.
Bulgarian tourist company Bulgarian VIP Tours (BVT) informed its Russian partners that it was stopping operations on Wednesday afternoon.
"The management of Bulgarian VIP Tours (BVT) is very sorry to announce that we are forced to stop business operations. This is a very tough decision both for us and for you. The bankruptcy of one of our main partners, the postponement of new investments, and the atrocious conditions imposed by creditors brought us to this situation in which we are unable to continue our activities," BVT's letter said.
Irina Turina, press-secretary of Russian Tourist Industry Union, argued Wednesday that the bankruptcy would affect some 400-500 tourists who are now staying in different Bulgarian resorts, causing damages of up to EUR 300 000.
She explained that BVT had not managed to recover from the bankruptcy of Capital Tour, a major Russian tour operator owing EUR 2M to the Bulgarian company.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Prosecutor's Office has initiated an investigation into the alleged bankruptcy during December 2022 to June 2023, causing damages of BGN 81 million to the Ministry of the Interior
Vice President Iliyana Yotova stated that Bulgaria is not facing bankruptcy
There is no risk of bankruptcy of the state, nor of the intervention of the International Monetary Fund and the need to take out new debt
Bulgaria is threatened with bankruptcy. There is a serious problem in maintaining fiscal stability
The turmoil in the US banking sector following the collapse of Silicon Valley Bank (SVB) should have only a limited impact on European banks, which are organized differently
Entrepreneur and Twitter owner Elon Musk has warned his employees that the company could lose billions of dollars next year. According to him, "bankruptcy is not excluded"
Recent data from the German Tourist Board show a discernible trend, indicating an increased interest among Bulgarians in visiting Germany
In a momentous occasion marking the entry of Bulgaria and Romania into the Schengen area by air and sea, Balchik Airport is set to witness a remarkable gathering of more than 20 planes from Romania
The flights will operate every Wednesday and Saturday.
As the Orthodox Easter coincides with May this year, Bulgaria is gearing up for an unprecedented surge in travel, predicts Rumen Draganov, director of the Institute for Analysis and Forecasting of the Information Environment in Tourism, in an interview wi
In March 2024, the national carrier commenced operations on flights to Malpensa Airport via the restored regular route to Milan – a beloved and popular destination for all Bulgarians
In preparation for the upcoming summer season, authorities in Sunny Beach have unveiled a state-of-the-art video surveillance system comprising nearly 100 cameras, with four equipped for facial and license plate recognition
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
