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.
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian levs and euro. This was what Deputy Minister of Economy Nikolay Pavlov said in an interview with the..
The main threats to Bulgaria's national security are Russia and the instability of the Western Balkans, according to the annual report of the State Agency for National Security (SANS) for 2024. In Bulgaria, two Russian..
For two decades Bulgaria has known what it is striving for, Prime Minister Rosen Zhelyazkov said after a meeting with President of the European Council António Costa, who arrived on a three-day visit to Bulgaria. Zhelyazkov pointed..
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..
The second F-16 fighter jet is expected to arrive in Bulgaria within days, said Defense Minister Atanas Zapryanov during a lecture to students at the..
Partly Cloudy
Clear