Devin municipality is located in South-Central Bulgaria in Smolyan District. The Municipality consists of 16 cities and villages. The regional center of Devin municipality is Town of Devin. Information about Municipality Devin
[1] [2] [3] Business: Rumours for selling of water bottler Devin raise price of company stocks Town of Devin >> Thursday, 2009-09-24 07:00 Source: investor.bg The reports that water bottler Devin may be sold for BGN 78 million to Advent International sent the company stocks skyrocketing by 19% and a source close to the company hinted that the quoted price tag was its real value but excluding debts. This poured cold water on investors` enthusiasm, leaving stocks up by around 7% in a volume of more than 30,000. The company closed at BGN 3.25 compared with BGN 3.01 on Friday. The CEO of Devin Tsvetan Lazhanski said that the report `include significant misleadi...
Travel: Devin hotels report 15% decrease in the number of tourists Town of Devin >> Thursday, 2009-08-20 09:19 Source: touristmedia.info The Bulgarian spa resort of Devin registered a 15 percent decrease in the number of tourists spending their vacation there, news.bg reported. According to local Devin hotel owners, the decrease is a result of the financial crisis. Mainly Bulgarian tourists are spending their vacation in the spa resort. Foreign visitors come mostly from France, Spain and Israel. Business: Advent in exclusive talks to buy Devin Town of Devin >> Monday, 2009-07-20 12:18 Source: Dnevnik.bg Global private equity fund Advent International has started exclusive talks with Soravia Group to acquire the controlling stake in Bulgarian water bottler Devin , reported the Deal Watch website, which examines M&A deals in emerging markets. The portal was the first to report about a possible change in ownership of the Devin bottling company . Devin executive director Tsvetan Lazhanski said he had no power to comment on the matter but reiterated the company`s confirmation that a sale is on the drawi...
The resort of Devin entirely removed resort taxes due to the low amount of funds collected. Devin municipality collected only 20 percent of the taxes, the town’s mayor Zdravko Vasilev said. Most hotels in Devin region declare only 100 accommodations per year, an amount which is entirely unrealistic, Vasilev said.
Business: Possible Sale of Company for bottled water and soft drinks Devin Town of Devin >> Sunday, 2009-05-31 16:20 Source: capital.bg Company for bottled water and soft drinks Devin , which is now part of the Austrian Soravia Group may change its owner. " From the office of Soravia Group they informed us they are searching option to sell the company ", said the manager of Devin Tsvetan Lazhanski. At the moment at least three financial investors have made a proposal to buy the share of the majority owner of the Bulgarian company. The Austrian company Soravia Group acquired Devin in the middle of 2006 through its investment fund ...
Travel: The Slona (Elephant) rock phenomenon near Devin Town of Devin >> Tuesday, 2009-05-19 06:10 Source: BIA The Slona (means Elephant) rock phenomenon is situated in the western part of the beautiful Rhodopi mountain . It is located on the left shore of the Vacha river, a short distance before it flows into the Shiroka Laka river, immediately after the road fork on the section Devin - Smolyan , before the village of Nastan (quarter of Devin town ) begins. On this place, the amazing natural forces have moulded a whimsical rock shape, resembling the figure of an elephant, which is where the name of ...
Business: Devin, DZU Stara Zagora and Spesima Sofia with awards of BIA City of Sofia >> Tuesday, 2009-04-28 10:01 Source: StandartNews Three businesses and two research institutes received the annual In-5 awards of the Bulgarian Industrial Association (BIA). The awards are bestowed for contributions to the development of Bulgaria`s economy while the In-5 stands for the five pillars of economic prosperity: industry, innovations, investments, intellect and initiative. The winners of the BIA awards are the " Devin " company, DZU - Stara Zagora , the Sofia engineering company "Spesima" and the two research institutes - one at the Bulgaria... Weather: Weather and road conditions in Bulgaria on March 18, 2009 Municipality Devin >> Wednesday, 2009-03-18 09:07 Source: touristmedia.info Roads in Bulgaria are accessible. Temperatures vary between -5 and five degrees Celsius. Rain is falling in the regions of Ruse , Shumen , Turgovishte , Byala Slatina and Elena . Visibility is good. Snowy regions at higher altitudes are currently being processed. Etropole - Zlatitsa , Tvurditsa - Elena , Prohod na Repiblikata, Troyan - Kurnare and Vurbishki passes are closed. Falling rock danger exists in the regions of Troyan - Kurnare pass, the Iskur and Kresna gorges and on the Sofia -... Business: Water bottler Devin expects raise of profit after new equipment Town of Devin >> Monday, 2009-02-16 08:00 Source: seenews Bulgarian water bottler Devin expects to raise its net profit by more than 3.5 times to 2.87 million levs this year after putting new equipment into operation. The launch of the equipment, initially planned for 2008, was delayed and as a result the expected net profit for last year was reduced by half to some 800,000 levs. The company plans to raise its 2009 sales to 81.63 million levs from 69.14 million levs last year by broadening its product range and expanding its presence in neighboring Romania. Business: Devin bottling company to distribute the Granini fruit juices Town of Devin >> Wednesday, 2009-02-11 01:00 Source: Dnevnik.bg Bulgaria’s bottling company Devin said it has won a contract to distribute the Granini fruit juices in Bulgaria. The partnership with German company Eckes-Granini Group is in line with Devin’s business plan to add fruit juices to its portfolio. Devin, which sells the Red Bull energy drink on the market, will offer ten Granini juices.
RSS 
