Bulgaria’s Minister of Economy Kornelia Ninova has ordered the replacement of the board of directors of Kintex- a state-owned company which has experience in foreign trading with military products and defense technologies.
The inspectorate of the Ministry of Economy inspected the activity of the company in 2021 and found a number of irregularities and a conflict of interests involving the company’s Executive Director Alexander Mihaylov. The report of the inspectorate was sent to the Prosecutor’s Office and the Public Financial Inspection Agency. Alexander Mihaylov noted that he had never been in a conflict of interests and added that his dismissal is due to economic interests.
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..
With 128 votes in favour, the governing majority in Parliament and three independent MPs rejected the president’s veto on the Law on Defence and the Armed Forces. The amendments expand the possibilities for declaring a state of emergency and..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
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