Home Sweet Home: The Reality of Housing in Bulgaria Revealed
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
In an official statement distributed to media on Friday, online store eMAG informed that it will appeal the recent decision of Bulgaria's Commission for Protection of Competition (KZK) to fine the company over misleading advertisement campaigns.
The statement notes this is the third time KZK sanctions eMAG, with a total of nine fines imposed this time. The company does not accept the decision of the commission and views it as incorrect and unfounded.
It will appeal the decision before the relevant Bulgarian court and will take all necessary measures to present the case to the European Commission.
The company's lawyers think that there are grounds to believe that justice will prevail.
According to eMAG, the company is being sanctioned for offering good and attractive prices and quality services bringing benefits to the users, all of which constitute elements of the company's business that are being actively communicated.
The company assures that it will continue to make investments in order to bring added value to users and the Bulgarian online market.
On Thursday, KZK issued its decision to fine eMAG over misleading advertisement campaigns such as “Black Friday”, “Crazy days” and several others which had taken place last year or at the end of 2014.
On the request of another online store, the commission launched probe which established that the discounts offered by eMAG during the promotional periods either did not take place or did not correspond to what had been advertised.
The fine is issued to Romania-based Dante International SA, which is the owner of the online store.
The fine exceeds BGN 4.6 M and the sanction has been calculated as percentage of the revenues made by the company last year.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), together with the Bulgarian-Ukrainian Chamber of Industry and the support of the Bulgarian Chamber of Commerce and Industry
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022