Russian investment bank VTB Capital, which is a British subsidiary of the VTB Group, is leaving the board of shareholders of Bulgarian telecommunications company Vivacom, it was reported. The decision was made after the sale of the Bulgarian operator to the United Group company. VTB Capital has sold its entire stake in Vivacom to the new British owners. Reuters recalls that VTB Capital joined the VTL consortium in 2015 to invest in Vivacom.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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