Bulgaria: Plovdiv will launch new direct flight to Milan

Starting in October, Plovdiv Airport will offer a new direct flight to Milan, operated by Ryanair. The announcement was made during a joint press conference by Plovdiv Mayor Kostadin Dimitrov and Ryanair’s Director of Communications for Central and Eastern Europe Alicja Wojcik-Golebiowska. Mayor Dimitrov highlighted that this new route represented more than just improved travel…

Slovakia: generous pensions face mounting pressure as population ages

Slovakia’s pension spending is rising sharply, with payouts far above the EU average when measured against household incomes, and the country faces one of the fastest-ageing populations in Europe, according to UniCredit Bank analyst Lubomir Korsnak. Data from the country’s Socialna poistovna (Social Insurance Agency) showed that total payments for old-age pensions – including early…

Bulgaria: Gazprom-owned NIS exits market

The Serbian oil company NIS, majority-owned by Russia’s Gazprom, has officially decided to exit the Bulgarian market. Its Board of Directors has approved the sale of its local subsidiary due to ongoing difficulties in downstream operations within Bulgaria. Specific details surrounding the deal remain undisclosed, pending further clarity. NIS currently operates 22 gas stations in…