Sweden releases Bulgarian ship Vezhen
Swedish authorities have released the Maltese-flagged Bulgarian ship Vezhen, which was suspected of damaging an underwater fiber-optic cable between Latvia and Sweden on January 26, Reuters and the Associated Press reported today.
"The investigation clearly shows that this was not a case of sabotage," the Swedish prosecutor's office said. "It was found that a combination of weather conditions and deficiencies in the equipment and seafaring skills of the crew contributed to the cable being cut," the statement said.
Bulgarian shipping company Navibulgar (Bulgarian Maritime Fleet) denied allegations that one of its ships had deliberately cut the cable. Recent months have seen a spate of incidents involving the cutting of data cables in the Baltic Sea. They are believed to be linked to the Russian fleet of tankers that help the country circumvent imposed sanctions and continue to receive oil revenues.
Plovdiv topped building permits in Q4 of 2024
In the fourth quarter of 2024, Plovdiv had the largest number of building permits for new residential buildings issued. This is also where construction on most new buildings started, according to data from the National Statistical Institute.
Districts with the most issued permits include: Plovdiv - 340, Sofia - 247, Varna - 173, and Burgas - 161.
Construction on the largest number of new buildings has started in the districts: Plovdiv - 245 residential and 80 other buildings. and then Burgas with 226 residential and 42 other buildings.
Overall, most housing projects are to be started in Sofia - with 2,539, followed closely by Plovdiv - with 2,309.
myPOS buys French Toporder
Bulgarian-based myPOS has announced that it has acquired Toporder, a French company for cash register software and digital sales management solutions. The fintech company did not disclose the financial terms of the deal.
Thanks to its first acquisition of a foreign company, myPOS will strengthen its positions in retail and HoReCa (a term denoting the hotel, restaurant and catering industry - ed.) in France.
Sweden releases Bulgarian ship Vezhen
Swedish authorities have released the Maltese-flagged Bulgarian ship Vezhen, which was suspected of damaging an underwater fiber-optic cable between Latvia and Sweden on January 26, Reuters and the Associated Press reported today.
