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 capital of Bulgaria is hosting the Sofia Economic Forum today . The focus of the fifth edition of the forum is on strategic challenges and opportunities for Bulgaria and Southeast Europe. Among the main topics are Ursula von der Leyen's second..
For yet another year, the Holy Metropolitan of Sofia and the Sofia church of Sveti Sedmochislenitsi (Seven Apostles of Bulgaria) are organizing a procession in honor of St. Euthimius of Tarnovo , the last patriarch of the Second Bulgarian Kingdom...
It will be clear during the night in most of the country. In places in the valleys and plains - it will be foggy, in separate areas snowflakes will be deposited from the fog. Minimum temperatures will be between minus 6°C and minus 1°C, in..
A global campaign focusing on the right of every child to grow up in a family environment has been launched in Sofia on the initiative of the UK..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
Since 2007, when Bulgaria joined the European Union, the country has received €16.3 billion in EU funds, according to an analysis by the Institute for..
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