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 former leader of the Bulgarian Socialist Party, Kornelia Ninova, has founded her own party under the name "Unyielding Bulgaria." The goal of the formation is to offer an alternative to the current ruling model. "We cannot accept the..
The national campaign “Caps for the Future”, which aims to purchase medical equipment for the treatment of children, is being held in Sofia and five other cities . Its initiators expect to collect about 60 tons of plastic on the central square “Knyaz..
Bulgaria is at a very decisive point on its path to introducing the European currency and must be very careful in the coming months so that the criteria are met, International Monetary Fund Managing Director Kristalina Georgieva told BTA. According to..
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..
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