Mon, May 21 2012
In the next three years, local company Carrier BG (CBG) plans to invest 71.6 million euro in developing its WiMax (Worldwide Interoperability for Microwave Access) network.
CBG manager Ivailo Filipov said on November 8 that the company is to start services in 11 Bulgarian cities (Sofia, Plovdiv, Varna, Bourgas, Rousse, Pleven, Stara Zagora, Veliko Turnovo, Blagoevgrad, Sevlievo and Gabrovo) and in all major resorts in one year. The second development stage will include the smaller cities and the two main Bulgarian highways from Sofia to Varna and to Bourgas.
Legal permission had been obtained for the base stations, the equipment supplier had been chosen, and WiMax services would be offered from the end of spring 2008, Filipov said. CBG choose Motorola for its equipment supplier. The company also plans to look for further investments or a strategic partnership at a later stage.
Filipov foresees extending its wireless networks to serve 20 to 25 per cent of the local market. The company's clients are expected to have access to internet, wireless phone calls, video phone conversations and voice services, multimedia and additional interactive services. CBG plans to receive mobile numbers, starting with 099, which it will provide to clients of the telephone service. The initial services price will be from 50 to 150 leva for a basic package, including internet, telephone and multimedia.
The company received the last of five national licences to build a new-generation mobile network after participating in an auction and after the Supreme Administrative Court supported its appeal against the silent refusal of the Communications Regulation Commission.
CBG will put just more than 140 million into developing the network in the next three years.
For the first year the anticipated investments amount to 12 million leva, 35 million leva for the second and about 100 million leva in the third year.
Five other companies are also licensed to construct WiMax networks: Bulgarian Telecommunications Company (BTC), Cosmote Bulgaria Mobile (operating the second largest local wireless network Globul), Trans Telecom, Nexcom and Max Telecom.
Max Telecom launched its national WiMax in October 2007. At the same time Trans Telecom started offering free online TV service to its clients using WiMax technology.
Nexcom said that it would offer services in all major cities by the end of the year, IntelliNews agency reported on November 9.
The special offer provided for the six new regions will include two new phone packages with 100 free minutes per month, and unrestricted Internet access plus a free web hosting of up to 50 MB and a mail box.
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.

Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.