Fri, Mar 19 2010
STRANDED: SkyEurope said on September 1 that it had filed for bankruptcy and suspended all flights after struggling to restructure debt and cope with sinking revenues in the economic slump.

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Hungarian budget carrier Wizz Air will operate two additional flights during the winter season of 2009
Passengers who have purchased tickets and are set to fly to or from home with the bankrupt SkyEurope, will be ferried by Bulgaria Air, an official company press release has announced
No-frill airline carriers Wizz Air, EasyJet, Germanwings, Aer Lingus and Sky Europe served around 26.5 per cent of passengers carried through the Sofia airport in the first half of 2009, the airport said on its website.
The sky is the limit? For SkyEurope, that might no longer be the case as it seeks new investors to avoid going out of business
Finance Minister Simeon Dyankov said recently ERM II entry remains top of his agenda. He has said Bulgaria will aim to join the 16 countries sharing the euro in 2013.
Tax authorities are trying to be flexible with respect to defaults and lend businesses a helping hand in a bid to ward off bankruptcies.
The outlook for primary energy supplies, heat, and electricity is questionable for the Eastern Europe and Central Asia region, despite Russia and Central Asia’s current role as a major energy supplier to both Eastern and Western Europe, the report says.
Business environments in the region vary, and so do the public relations markets
New Bulgarian transfer pricing guidelines remove uncertainties, but create expectations

Pepi Ivanova has joined Piraeus Bank Bulgaria as its news press office manager. She will be responsible for the bank's corporate communications and media relations and its subsidiaries - Piraeus Leasing Bulgaria, Bulfina, Piraeus Auto Leasing, Piraeus Insurance Brokerage and Piraeus Best Leasing. Ivanova has 10 years' experience in public relations and banking. She started her career as an associate at the NGO Center for the Study of Democracy and later became an economics journalist at Trud daily. She has also worked as a client service specialist and credit administrator at United Bulgarian Bank. Before joining Piraeus Bank, Ivanova spent seven years working for Globul mobile operator. She has a master's degree in philosophy and journalism from Sofia University St. Kliment Ohridski and a post-graduate degree in banking from the University for National and World Economy in Sofia. Ivanova also holds a diploma from the London School of Public Relations.

Valeria Vidinlieva is the new HR manager of Overgas natural gas suppliers. She will be responsible for the company's corporate social responsibility and for selection and training of staff. She joins the company after 24 years at Stomana Industry metallurgic firm, now part of the Greek Viohalco, where she headed the HR directorate. Vidinlieva is a graduate of Sofia's University of National and World Economy and has a degree in HR from Paisii Hilendarski University in Plovdiv.