Canadian businessman of Bulgarian descent Ignat Kaneff has passed away at the age of 93, his family has announced. His wealth is estimated at USD 1.2 billion. Kaneff was born on October 6, 1926 in the village of Gorno Ablanovo, Ruse district. He was one of 7 children in the family of Hristo Kanev and Mita Kaneva. Ignat Kaneff could not afford to complete school and left Bulgaria at the age of fourteen, moving to Austria. Later, he settled in Toronto where he started to work in the construction sector. Kaneff was among the largest businessmen in Canada’s construction sector. The Bulgarian-born philanthropist donated large sums mainly for educational and health purposes. In 2012, he donated USD 1.5 million for the construction of a modern conference complex at Angel Kanchev University of Ruse.
The President of the European Council, Antonio Costa, and Prime Minister Rosen Zhelyazkov visited Arsenal, Bulgaria's largest arms manufacturer, in Kazanlak. The management of the factory presented the technological capabilities of the plant, its main..
Payments under the Recovery and Resilience Plan (RRP) have doubled in recent months, Deputy Prime Minister Tomislav Donchev has announced. He added that he was optimistic about receiving the delayed tranches and the remaining funds under the RRP...
Despite active and targeted efforts to recruit personnel, the percentage of vacant positions at the State Intelligence Agency (SIA) remains high, reads the 2024 report of SIA, published on the website of the Council of Ministers. Another issue..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
In an open letter to Prime Minister Rosen Zhelyazkov and the Ministers of Agriculture, Finance and Economy, the Bulgarian Farmers' Union calls for new..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
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