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Bulgaria’s GDP sees slight increase in Q3 – Eurostat

Fri, Nov 12 2010 13:05 CET 2843 Views
Bulgaria’s GDP sees slight increase in Q3 – Eurostat

Photo: Reuters

Gross Domestic Product (GDP) increased by 0.4 per cent in both the 16-member euro zone and the 27-member European Union during the third quarter of 2010, compared with the previous quarter, while GDP in Bulgaria rose by 0.5 per cent in the same period, according to flash estimates published on November 12 2010 by Eurostat, the statistical office of the EU.
 
In the second quarter of 2010, growth rates were one per cent in the euro zone and the EU.
 
Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 1.9 per cent in the euro area and by 2.1 per cent in the EU27 in the third quarter of 2010, after increases of 1.9 per cent and two per cent, respectively in the previous quarter.
 
Bulgaria’s Q3 2010 GDP was 0.2 per cent higher than in Q3 2009.
 
During the third quarter of 2010, US GDP increased by 0.5 per cent compared with the previous quarter, after increasing 0.4 per cent in the second quarter of 2010. US GDP rose by 3.1 per cent compared with the same quarter of the previous year (three per cent in the previous quarter).
 

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Appointments

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Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Uniqa

Uniqa

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Kamenitza

Kamenitza

Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Beiersdorf

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Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Hewlett-Packard

Hewlett-Packard

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.