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News and Articles related to Municipality Varna
Current date: 2012-02-12 05:22

Varna:[Place Info][Properties][Hotels][Postal codes][Phone codes][Population][Coordinates][Distances][Area sizes][Photo Gallery][Video & Webcams][News][Schools]

Varna municipality is located in North-Eastern Bulgaria in Varna District. The Municipality consists of 14 cities and villages. The regional center of Varna municipality is City of Varna.
Information about Municipality Varna


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Politics: Fishing ports of Varna and Balchik transferred to Ribni Resursi EOOD
City of Varna >> Friday, 2012-01-27 17:54
Source: Darik Radio
Bulgaria`s Transport Ministry has transferred the fishing ports in the northern Black Sea cities of Varna and Balchik to Ribni Resursi EOOD, a limited liability company 100% owned by the Ministry of Agriculture and Food. As a result of the step, the fishing ports in Bulgaria become three, according to Agriculture Minister Miroslav Naydenov. Through this step, Bulgaria fulfills its commitment to preserve fishing jobs and the ports will be eligible to apply for EU financing for modernization under the...

Business: Swedish fashion retailer Hennes&Mauritz AB will open its first Bulgarian store in Sofia
City of Sofia >> Wednesday, 2012-01-25 12:14
Source: seenews
Swedish fashion retailer Hennes&Mauritz AB (H&M) said it will open its first Bulgarian store in The Mall shopping centre in the capital Sofia on March 10. The second H&M outlet in the southeast European country will open in the Grand Mall shopping centre in Varna and will cover an area of over 2,000 sq m, the company said in a statement. In the spring, two more stores will be launched, one in Galleria shopping centre in the Black Sea city of Burgas , and another one in Sofia`s Serdika C...

Business: Big commercial centers in Sofia and Varna operating at a loss
City of Varna >> Monday, 2012-01-23 11:24
Source: 24 chasa
The crisis has weighed down on big commercial centers in Bulgaria and the first venues that broke ground in Sofia and Varna are already operating at a loss, as it transpires from their financial reports. Mall Varna has been the worst performer, closing 2011 with a loss of BGN 24.194 mln. It owes BGN 182.255 mln to banks and combined with its other debts the liabilities total BGN 240.682 mln. Back in late 2010, Mall Varna became property of Raiffeisen Zentralbank as investor Miller Development cou...

tags: mall Sofia mall Varna


Transport: Varnaferi LTD converts a ro-ro ship into a ferry
City of Varna >> Monday, 2012-01-23 11:13
Source: Standart
Varnaferi LTD, which is a joint venture between Navigation Maritime and BRS, will convert a ro-ro ship into a ferry. The contract for the execution was signed with the shipbuilding and repair yard MTG - Dolphin in Varna . The vessel provided for reconstruction was named Sondos so far. It was built in 1995 at the plant Okean in Nikolaev, Ukraine, and has a length of 140.40 m, width 16.60 m, draft 4.50 m, and 4577 tons capacity. Until recently, it transported automobiles in the Black and Red Sea. It fully ...

Business: Foreign fashion retailers open new stores in Bulgaria
City of Sofia >> Thursday, 2011-12-15 11:19
Source: Dnevnik.bg
Swedish fashion chain Hennes & Mauritz (H&M) will open three stores in Bulgaria in the spring of 2012, two of them in the capital city of Sofia and one in the Black Sea port of Varna . English fashion retailer New Look plans to have a new shop open in Sofia by the end of 2012. The company has chosen as location for its second outlet the Sofia Ring Mall, which is being built by the ring road next to the IKEA store. In October 2011, another British brand, Peacocks, is expected to enter the Bu...

tags: fashion foreign investment


Properties: Orchid Developments in renegotiations with Raiffeisenbank AG about a loan for construction of Business Centre Varna
City of Varna >> Thursday, 2011-12-01 10:56
Source: http://news.dnevnik.bg/
Cayman Islands-based real estate investment trust Orchid Developments Group Ltd, the owner of the Grand Mall Varna shopping centre in Bulgaria`s Black Sea city of Varna , has started talks with Raiffeisenbank AG to renegotiate the repayment terms of a 3.1 million euro loan. The loan was obtained for the construction of Business Centre Varna, a project implemented by its subsidiary Orchid Centre Varna. The company, however, decided earlier to freeze the project because of the economic crisis and wait fo...

Transport: Construction of new passenger terminals at Varna and Burgas Airports is started
City of Varna >> Thursday, 2011-11-17 00:30
Source: Darik Radio
Concessionaire Fraport Twin Star Airport Management has started the construction of new passenger terminals at Bulgaria`s Black Sea airports - Varna Airport and Burgas Airport. On Tuesday, Fraport Twin Star Airport Management signed the contract for the construction of the new terminals with the selected constructor, Turkish consortium TIE-ICDAS, Fraport announced. The construction of the two passenger terminals is estimated to cost the concessionaire a total of BGN 130 M. The same consortium is currently...

tags: Varna Airport Burgas Airport


Transport: Sofia airport with higher traffic because the closing of Varna airport
City of Sofia >> Thursday, 2011-11-10 10:49
Source: seenews
Bulgaria`s Sofia Airport said on Wednesday it handled a total of 1,495 tonnes of cargo in October, up by 4.0% on the month and 11% higher than a year earlier. This is the highest monthly volume of processed cargo since the beginning of the year, the airport said in a statement. The number of passengers serviced by the Sofia Airport in October totalled 283,831, which is close to the levels reached in October 2010. The airport serviced 12,174 passengers on regular international routes in October, ...

tags: Sofia Airport Varna airport


Business: Koreans considering investments for the production of electric cars in Varna
City of Varna >> Thursday, 2011-11-03 11:14
Source: Darik Radio
A Korean company is considering investment opportunities for the production of electric cars in Bulgaria`s Black Sea city of Varna , South Korea`s Ambassador Chun Bi-ho announced. His Excellency was in Varna Wednesday together with representatives of the Korean Trade Investment Agency (KOTRA). He explained that the undisclosed Korean firm in question first intends to assemble electric cars in Varna , and would them potentially go for manufacturing their parts their as well. Chun did not reveal more ...

tags: electric cars foreign investment


Transport: Sea resort of Albena has losses because the closure of Varna Airport
City of Varna >> Tuesday, 2011-10-25 12:16
Source: Monitor
" We have losses because of the closure of Varna Airport and are looking forward the decision of Balchik airport to be implemented ," said the CEO of Albena, Krasimir Stanev. Hotel Flamingo will close one month earlier because tourists can not land in Varna . Instead of the planned date December 10 the hotel will stop working on November 6. This summer the resort welcomed 6% more tourists than last year, but the company`s profit is between 5 and 10 percent less, Stanev said. His explanation is ...

tags: Varna Airport foreign tourists
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