Ukraine: Kyiv-based Ukraine Hotel has been sold

The first large privatization auction has been completed in the Prozorro.Sale system, selling Kyiv-based Ukraine Hotel for UAH 2.5 billion. The auction results were published on the website of Prozorro.Sale JSC. On September 18, the first auction was held as part of large privatization. Four-star Ukraine Hotel, situated in downtown Kyiv, was offered for sale.…

Bulgaria: workers from third countries use Bulgaria as springboard

The Bulgarian tourism industry faces significant challenges due to delays in processing both work and tourist visas for individuals from third countries. The situation has particularly impacted the tourism and construction sectors, with other industries also struggling to manage visa applications. The issue intensified following the COVID-19 pandemic, which saw a shift in the workforce,…