PANAX TIMES

January 14, 2021, Thursday // 18:33 "President Radev has demonstrated that he is not capable of building consensus and has scheduled the elections for April 4. Since the summer, he has proposed that elections should be in November or December. On December 7, he set the date for March 28. Then the consultations began. Everyone said they were ready to go to the polls on that date. Today Radev anno..

Jan 15, 2021 President Rumen Radev announced the date of the parliamentary elections in spring during his extraordinary address to nation. The vote will take place on April 4, for which the Head of State has already signed a decree. According to Radev, the elections take on a fateful meaning. He stressed the need for amendments to the Electoral Code that should not be limited to guaranteeing the..

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October 17, 2020, Saturday bTV already belongs to the Czech billionaire Petr Kellner, and the new owner of BTC is negotiating to buy Nova. If both deals are completed, the combination of telecom with media will dominate in Bulgaria. The sales can change the advertising and television market, including the quality of content. One of the biggest transformations on the Bulgarian television, adverti..

Among the various common challenges raised by the ongoing Covid-19 pandemic, the issue of how to bring pupils back into classrooms in a safe way has been among the most pressing in recent weeks. In Bulgaria, the initial disruption of the lockdown triggered by the pandemic – lasting for two months between mid-March and mid-May – saw schools switch to distance learning until the end of the 2019/20..

Bulgaria's jobless rate edges down to 5.9% at end-Dec Author: Antonia Dobreva / License: All rights reservedSOFIA (Bulgaria), January 15 (SeeNews) - Bulgaria’s registered unemployment rate was 5.9% at the end of December, down by 0.2 pp on an annual comparison basis, the government's Employment Agency said on Wednesday. At the end of 2019, the number of registered unemployed ..

China's Xingyu acquires land for factory construction in Serbia - report Source: XingyuBELGRADE (Serbia), January 10 (SeeNews) - Chinese company Changzhou Xingyu Automotive Lighting Systems has acquired land for the construction of a 50 million euro ($55.5 million) factory in Nis, in eastern Serbia, according to Serbian media reports. Xingyu has purchased a land plot of 6.6 hec..

CEO ups stake in Bulgarian drug maker Sopharma Sopharma/ All rights reservedSOFIA (Bulgaria), January 2 (SeeNews) - Bulgarian drug maker Sopharma [BUL:3JR] said on Thursday that its CEO Ognyan Donev has increased its stake in the company via several transactions on December 30. Donev acquired 8,600 Sopharma shares at a weighted average price of 3.4051 levs ($1.95/1.74 euro) on ..

Sofia blue-chip stock index extends winning run backed by Sirma Group, Sopharma Photo: Bulgarian Stock Exchange / All rights reserved.SOFIA (Bulgaria), January 6 (SeeNews) - The Bulgarian Stock Exchange's blue-chip SOFIX index extended its winning streak to four trading sessions after closing 0.36% higher at 570.65 points on Monday. The index was supported by software group Sir..

Bulgaria's Sopharma grows 2019 sales 9% Sopharma/ All rights reservedSOFIA (Bulgaria), January 10 (SeeNews) - Bulgarian drug maker Sopharma [BUL:3JR] said on Friday that its sales revenue rose by an annual 9% in 2019, due to higher sales on foreign markets. Sopharma's sales abroad grew 15% last year, while domestic sales remained unchanged year-on-year, the company said in a bo..