Tue, May 21 2013
OGNYAN Kiryakov was appointed as the new general manager of Xerox Bulgaria, the company said on January 12.
Since May 2004, Kiryakov had been technical director of Xerox Eurasia, a market which covers 21 countries including Russia and other former Soviet republics, as well as the entire Eastern Europe. Before that he was in charge of Xerox's technical division in South-Eastern Europe. Kiryakov took over from Nikolai Levy who had left the company.
A GENERAL shareholders meeting of the Obedinena Mlechna Kompania (United Milk Company) had appointed Georgi Ganovski executive director, the company said on January 11.
Ganovski had served for seven years as operations director and general manager in Agrima, the company that owns the rights for bottling and selling the products of Pepsi Co in Bulgaria. His earlier career included a post at Coca-Cola Bulgaria. Ganovski replaced Trayan Haladjov, who was appointed board chairman of United Milk Company.
MMD, a leading international corporate and public affairs consultancy in Central and Eastern Europe, announced on January 11 the appointment of Andy Trincia as country manager for Bulgaria and Romania.
He takes over from Ian Herbison, who assumed the management of Mmd's Polish office in Warsaw. Most recently, Trincia was communications manager at the Boeing Company, responsible for the company's external affairs in California. A US citizen, he previously served as a US Peace Corps volunteer in Romania for two years, working as a business consultant and university teacher in Timisoara, Romania.
The option to postpone the due date was contingent on securing 55 million euro for immediate repayment of the amounts loaned by Belgium's Dexia and Japanese bank Mizuho.
The Eurostat data agency said that unemployment reached 10.9 per cent in March, up from 10.8 per cent in February. The March figure translates to 17.4 million people unemployed in the euro zone.
Citing three separate sources familiar with the deal, Capital Daily reports that the creditors found offers submitted by three bidders unsatisfactory.
Eurobank EFG is left with a 30 per cent stake in the merged entity but has said it will exercise its put option on the remaining holding.
The narrow focus of many euro zone countries on fiscal austerity is deepening the jobs crisis and could even lead to another recession in Europe, said the Director of the ILO Institute for International Labour Studies and lead author of the report, Raymond Torres.