DOCSLIB.ORG

Bulgaria) EAD As of 31 December 2006

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Bulgaria) EAD As of 31 December 2006 karta 2 www.rbb.bg www.rbb.bg 3 Financial Highlights Financial Highlights Monetary values in BGN Thousand 2006 Change 2005 2004 InInIncococommme StSte aaattteeemmmeeennnttt Net interest income after provisioning for possible loan losses 112,402 51% 74,306 48,293 Net commission income 27,121 40% 19,317 10,279 Trading profit (loss) 23,357 14% 20,542 7,795 Administrative expenses – 83,952 33% – 63,206 – 36,308 Profit before tax 78,533 49% 52,691 30,403 Profit after tax 66,970 50% 44,544 24,460 BalBalBalananance ShShce eeeeeettt Loans and advances to banks 856,467 56% 549,827 199,245 Loans and advances to customers 1,554,055 14% 1,362,877 971,767 Deposits from banks 479,506 24% 386,002 173,475 Deposits from customers 2,379,419 49% 1,597,311 1,325,223 Equity 248,025 28% 193,052 120,171 Balance–sheet total 3,907,957 39% 2,808,762 2,005,771 RRRegulegulegulaaatttooorrry ooy wn funfunwn dsdsds Total own funds 335,812 42% 237,017 155,237 Own funds requirement / According to Local Regulations 301,542 41% 214,583 128,967 Excess cover 34,270 53% 22,434 26,270 Core capital ratio 6,78% – 14% 7,89% 10,67% Own funds ratio 13,36% 1% 13,25% 14,44% PPPeeerrrfofoforrrmmmananancecece Return of equity (ROE) before tax 43,4% 19% 36,4% 40,8% Cost/income ratio 48,4% – 4% 50,2% 45,2% Return on assets (ROA) before tax 2,6% 6% 2,5% 2,6% Provisions for possible loan losses/risk– weighted assets/ According to Local Regulations 54,404 24% 43,858 33,085 RRResoesoesourcesurcesurces Number of staff on balance–sheet date 1,921 43% 1,342 823 Banking outlets on balance–sheet date 110 51% 73 51 Official Exchange Rate (BNB) EUR 1 BGN BGN BGN 1.95583 1.95583 1.95583 Source: Audited Financial Statements of Raiffeisenbank (Bulgaria) EAD as of 31 December 2006 2 www.rbb.bg General Information General Information Establishment of the Bank Raiffeisenbank (Bulgaria) EAD is the first greenfield foreign investment in the Bulgarian banking sector made in 1994. Main Shareholder Raiffeisenbank (Bulgaria) EAD is a 100% subsidiary of Raiffeisen International Bank-Holding AG, Vienna. Banking License Raiffeisenbank (Bulgaria) EAD has a full banking license for domestic and overseas banking and financial operations. Profile Raiffeisenbank (Bulgaria) EAD is a universal commercial bank with a focus on corporate and SME lending, retail banking, origination and trading of securities on the local and the international capital markets, bank provides services for institutional clients, etc. Correspondent Relations Raiffeisenbank (Bulgaria) EAD has established correspondent banking relations with more than 680 banks world-wide. The Bank maintains over 20 accounts in various currencies with first-class foreign banks. Branch Network As of 31 December 2005 the Bank operates through 110 branches; 20 outlets are located in Sofia. RBBG has a mobile bankers network – 147 consultants, operating in 13 towns in the country. www.rbb.bg 3 General Information Raiffeisen group in Bulgaria includes the companies as follows: Company Capital Raiffeisenbank (Bulgaria) EAD 100% ownership of Raiffeisen International Bank- Holding AG, Vienna, Austria Raiffeisen Services EAD 100% ownership of Raiffeisenbank (Bulgaria) EAD Raiffeisen Leasing Bulgaria OOD 24.5% ownership of Raiffeisenbank (Bulgaria) EAD 75.5% ownership of Raiffeisen Leasing International GmBH, Austria Raiffeisen Auto Leasing Bulgaria EOOD 100% ownership of Raiffeisen Leasing Bulgaria OOD Raiffeisen Asset Management (Bulgaria) EAD 100% ownership of Raiffeisenbank (Bulgaria) EAD Raiffeisen Inssurance Broker EOOD 100% ownership of Raiffeisenbank (Bulgaria) EAD Raiffeisen Real Estate EOOD 100% ownership of Raiffeisenbank (Bulgaria) EAD 4 www.rbb.bg Market Shares Market Shares Source: Official statistics published by the Bulgarian National Bank www.rbb.bg 5 Market Shares 6 www.rbb.bg Contents Contents Statement by the Chairman of the Supervisory Board 8 Vision and Mission 9 Statement by the Chairman of the Management Board 10 Management Report 11 The Bulgarian Economy in 2006 11 Key Figures 13 Operations and Key Projects 15 Human Resources 16 Segment Reports 17 Corporate Banking 17 Public Sector and Institutional Clients 17 Retail Banking 18 Branch Network and Alternative Distribution Channels 19 Treasury and Investment Banking 21 Financial Institutions 23 Auditor’s Report 24 Awards 63 Corporate Social Responsibility 64 The Bank’s Management 65 RZB Group and Raiffeisen International at a glance 66 Raiffeisen Leasing Bulgaria OOD 68 Raiffeisen Insurance Broker EOOD 69 Raiffeisen Asset Management (Bulgaria) EAD 70 Raiffeisen Glossary 72 Addresses 73 www.rbb.bg 7 Statement by the Chairman of the Supervisory Board Statement by the Chairman of the Supervisory Board Ladies and Gentlemen, On behalf of the Supervisory Board of Raiffeisenbank (Bulgaria) EAD, it is my pleasure to present the bank’s business results for 2006. Raiffeisenbank (Bulgaria) EAD significantly strengthened its position on the local market, once again achieving record results. It took good advantage of the favorable overall economic conditions and the fact that the Bulgarian economy noted significant growth in 2006, on the threshold of the future membership in the European Union in 2007. The improvement of all financial ratios of the bank, in comparison to the already very good year 2005 was possible thanks to the efficient and effective management of the Bank and the staff, as well as the strong cooperation and support from Raiffeisen International Bank-Holding AG and the whole RZB Group. The Supervisory Board highly judges Raiffeisenbank’s achievements. The accomplishment of the ambitious goals for 2006 has resulted in strengthening the bank’s position in all areas of its activities. Despite of significant investments, Raiffeisenbank (Bulgaria) Herbert Stepic Chairman of the Management Board of Raiffeisen International EAD posted a record growth clearly above the average of the Bank-Holding AG and Deputy Chairman of Raiffeisen market during the year under review. Its balance sheet total Zentralbank Österreich AG (RZB) amounted to 2,4 bln euros, up 39%. Its distribution network has expanded by 37 locations to 110 outlets. Raiffeisenbank (Bulgaria) EAD continued its dynamic growth, especially in the Retail Banking segment. As one of the country’s foremost banks, its full range of innovative products provided the basis for a 48% increase to 342,000 private customers. The Supervisory Board is very satisfied that the dynamic growth of the highly specialized companies of the Raiffeisen Group in Bulgaria allowed it to strengthen its positions on the leasing, asset management and insurance brokerage markets. Current market positions, client confidence and thriving business should ensure that both Raiffeisenbank (Bulgaria) EAD and the RZB Group will further develop favorably in the years to come. On behalf of the Supervisory Board, I thank and congratulate all the bank’s employees and its management for the excellent business results they delivered and count on their continual commitment. I also extend our thanks to the clients for choosing Raiffeisenbank (Bulgaria) EAD and other Raiffeisen Group members in Bulgaria as their partners. Herbert Stepic Chairman of the Supervisory Board 8 www.rbb.bg Statement by the Chairman of the SB Vision and Mission Statement by the Chairman of the MB Management Report Segment Reports Auditor’s Report Vision and Mission Vision and Mission Raiffeisenbank (Bulgaria) EAD is one of the leading universal banks in the country, offering bank services in all customer segments – corporate and investment banking, small and middle sized enterprises and retail banking. We seek long-term customer relationships. We provide contemporary financial services to our customers meeting the highest professional standards and effectively satisfying the customers’ needs. We seek to be seen as a friendly and constructive partner for our customers and we are pro-active and quick in delivering our services. As a member of the RZB Group, we cooperate closely with Raiffeisen Zentralbank, Raiffeisen International and its Network banks. We empower our employees to be entrepreneurial, to show initiative and we foster their development. We conduct our business with integrity and are committed to create a positive and stimulating working atmosphere. We want to attract and keep the best people whom we offer first class training and help to develop long term careers within our institution. We encourage initiative and reward concrete performance and success. Awards Corporate Social Responsibility The Bank’s Management RZB Group RLBG RIBG RAM Raiffeisen Glossary Addresses www.rbb.bg 9 Statement by the Chairman of the Management Board Statement by the Chairman of the Management Board Ladies and Gentlemen, 2006 was another record year for Raiffeisenbank (Bulgaria) EAD. The Bank achieved excellent results across all segments and continued to invest in product development, distribution network and personnel. In 2006 the Bank reported record profit after tax of BGN 66.97 mln, posting over 50% increase, compared to the end of 2005. In 2006 balance-sheet total went up by 39% to BGN 3,907.96 mln and the total loan portfolio grew by 14.3%, reaching BGN 1,608.46 mln. Total deposits increased dynamically (plus 49%), reaching BGN 2,379.43 mln. Despite of significant investments, Raiffeisenbank (Bulgaria) EAD continued to improve its efficiency ratios. Return on equity after tax reached 37% (2005: 30.8%). In 2006 the Bank maintained excellent cost/income ratio of 48.6%. In 2006 our distribution network was expanded by 37 new offices, bringing the total number of outlets to 110. We continued to expand our network of mobile bankers, who offer consumer and mortgage loans, as well as bank cards, deposits and services to small and medium enterprises. The number of mobile consultants reached more than 140, operating in 13 Momtchil Andreev Chairman of the Management Board and Executive Director Bulgarian cities. In 2006 we created 800 new permanent jobs.
Load more

Recommended publications
  • The Central Regions and the Sofia Agglomeration Area
    Maria Shishmanova THE CENTRAL REGIONS AND THE SOFIA AGGLOMERATION AREA Abstract. The research presents central regions in Bulgaria using taxonometric method with relevant conclusions. Each municipality in central regions is particularly examined by the elaborated methodic materials. The developed agglomeration areas are situated in the central regions. Sofia agglomeration area is presented using General Spatial Plan of Sofia municipality and Municipal Development Plan (MDP) of Sofia metropolitan municipality. It is set out the vision of development and its priorities, objectives and measures. Key words: central regions, agglomeration areas, Sofia agglomeration area, General Spatial Plan, Municipal Development Plan. Introduction The Central regions comprise 45 percent of the Bulgarian territory. The agglomeration areas are formed in them. The present study examines the development of the Sofia agglomeration area – a metropolis in the central regions of Bulgaria. The agglomeration areas are formed within the range of the central regions in Bulgaria – 6 agglomeration areas with a center – a large city, 30 agglomeration areas with a center – a medium-sized town. Six of the agglomeration areas are formations with more than three municipalities, five of them are with three municipalities each, ten are with 2 municipalities and the rest 15 are autonomous municipalities with an established core. These areas represent the backbone of the economy and social and human potential of the country. They have the highest degree of competitiveness and attractiveness for investment and innovation. Eighty eight municipalities with a total population of 5885455 people1 are included within the scope of the agglomeration areas, which constitutes 77.4 percent of the population of the country.
    [Show full text]
  • (Epicometis) Hirta (PODA) (Coleoptera: Cetoniidae) in Bulgaria
    ACTA ZOOLOGICA BULGARICA Acta zool. bulg., 63 (3), 2011: 269-276 Employing Floral Baited Traps for Detection and Seasonal Monitoring of Tropinota (Epicometis) hirta (PODA ) (Coleoptera: Cetoniidae) in Bulgaria Mitko A. Subchev1, Teodora B. Toshova1, Radoslav A. Andreev2, Vilina D. Petrova3, Vasilina D. Maneva4, Teodora S. Spasova5, Nikolina T. Marinova5, Petko M. Minkov, Dimitar I. Velchev6 1 Institute of Biodiversity and Ecosystem Research, 2 Gagarin str., 1113 Sofia, Bulgaria 2 Agricultural University, 12Mendeleev str., 4000 Plovdiv, Bulgaria 3 Institute of Agriculture, Sofijsko shoes, 2500 Kyustendil, Bulgaria 4 Institute of Agriculture, 1 Industrialna str., 8400 Karnobat, Bulgaria 5 Institute of Mountainous Animal Breeding and Agriculture, 281 Vasil Levski str, 5600 Troyan, Bulgaria 6 Maize Research Institute, 5835 Knezha, Bulgaria Abstract: The potential of commercially available light blue VARb3k traps and baits for T. hirta (Csalomon®, Plant Protection Institute, Budapest, Hungary) as a new tool for detection and describing the seasonal flight pat- terns of Tropinota (Epicometis) hirta (PODA ) was proved in eight sites in Bulgaria in 2009 and 2010. The traps showed very high efficiency in both cases of high and low population level of the pest. Significant catches of T. hirta were recorded in Dryanovo, Karnobat, Knezha, Kyustendil, Petrich and Plovdiv. As a whole the beetles appeared in the very end of March – beginning of April and reached their peak flight in the second half of April – beginning of May; catches were recorded up to the middle of July. The bait/traps system used in our field work showed very high species selectivity. In nine out of ten cases the catches of T.
    [Show full text]
  • The Suffocating Grip of Coal
    The Suffocating Grip Of Coal Report on the effects of coal burning on human health november 2013 Contents 1. Summary and key messages 1 2. Coal-fired electricity generation: (no) prospects 3 3. Coal-fired power plants in Bulgaria 5 3.1 Thermal power plants in Bulgaria: overview 6 3.2 Energy production and energy consumption 8 in Bulgaria: plans and reality 4. Air pollution from coal burning in Bulgaria: 12 myths and reality 5. Coal burning: effects on human health 17 5.1 TPP in Bulgaria: impacts on human health 19 5.2 TPP in the Maritsa basin: impacts on human health 23 6. Alternatives 27 7. Conclusions and recommendations 29 #1 Summary and key messages Air pollution is a key cause of a number of diseases in Europe and Bulgaria. This Key messages premature deaths – four times report of Greenpeace Bulgaria on the the death toll of road accidents impact of coal burning on human health Air pollution with sulphur dioxide in Bulgaria in the same year demonstrates the close link between and particulate matter (PM) per human health and the energy policy and generated kilowatt-hour (kWh) of strategy of Bulgaria. electricity in thermal power plants (TPP) in Bulgaria is one of the Reliance on coal and new nuclear highest in Europe. capacities on the part of the Bulgarian These facts, as well as the government is ill-advised from both Most TPP in Bulgaria have installed filters for capturing of current economic crisis, economicly and environmentally sulphur dioxide and nitrogen require a comprehensive wise. Most importantly, it implies an oxides.
    [Show full text]
  • Company Profile
    www.ecobulpack.com COMPANY PROFILE KEEP BULGARIA CLEAN FOR THE CHILDREN! PHILIPPE ROMBAUT Chairman of the Board of Directors of ECOBULPACK Executive Director of AGROPOLYCHIM JSC-Devnia e, ECOBULPACK are dedicated to keeping clean the environment of the country we live Wand raise our children in. This is why we rely on good partnerships with the State and Municipal Authorities, as well as the responsible business managers who have supported our efforts from the very beginning of our activity. Because all together we believe in the cause: “Keep Bulgaria clean for the children!” VIDIO VIDEV Executive Director of ECOBULPACK Executive Director of NIVA JSC-Kostinbrod,VIDONA JSC-Yambol t ECOBULPACK we guarantee the balance of interests between the companies releasing A packed goods on the market, on one hand, and the companies collecting and recycling waste, on the other. Thus we manage waste throughout its course - from generation to recycling. The funds ECOBULPACK accumulates are invested in the establishment of sustainable municipal separate waste collection systems following established European models with proven efficiency. DIMITAR ZOROV Executive Director of ECOBULPACK Owner of “PARSHEVITSA” Dairy Products ince the establishment of the company we have relied on the principles of democracy as Swell as on an open and fair strategy. We welcome new shareholders. We offer the business an alternative in fulfilling its obligations to utilize packaged waste, while meeting national legislative requirements. We achieve shared responsibilities and reduce companies’ product- packaging fees. MILEN DIMITROV Procurator of ECOBULPACK s a result of our joint efforts and the professionalism of our work, we managed to turn AECOBULPACK JSC into the largest organization utilizing packaging waste, which so far have gained the confidence of more than 3 500 companies operating in the country.
    [Show full text]
  • Navigation Map of Bulgaria Including Offroadmap by Offroad-Bulgaria.Com Version 2021 Q1
    Navigation Map of Bulgaria Including OFFRoadMap by OFFRoad-Bulgaria.com Version 2021 Q2 The purpose of this map is to provide accessible, accurate and up-to-date information for your GPS devices. Despite all efforts made by the creators to achieve this goal, the roads and the data included in this digital map are intended to be used as guidance only and should not be used solely for navigation. The creators of this map make no warranty as to the accuracy or completeness of the map data. In no event will the creators of this map be liable for any damages whatsoever, including but not limited to loss of revenue or profit, lost or damaged data, and expenses, arising in any way from or consequential upon the use of, or the inability to use this digital map. Contents: - Registering your map - Usage details - OFRM Geotrade 2021 Q2 variants - Coverage >>>>> REGISTRATION <<<<< To register your OFRM Geotrade map, please visit out website www.karta.bg. Click on “Create profile” in the top right corner of the screen and create your personal account. When done, the Support page will load automatically. Click on the button “Register OFRM Geotrade” and enter the 25-symbol map serial number and GPS model to activate your map’s update subscription (if your map includes one). To obtain the 25-symbol serial number, connect your GPS device to your computer via USB cable. If you have a GPS device with preloaded OFRM map, you will find the serial number in file “serial.txt” in the root folder of your device’s base memory or in the file “gmapsupp.unl” in folder “Garmin” (or folder “Map” on the newer models of the nüvi series and the new Drive series) of your device’s base memory.
    [Show full text]
  • Wifi4eu Countries: Bulgaria
    WiFi4EU countries: Bulgaria Bulgaria has been awarded 232 WiFi4EU vouchers. Learn more about how municipalities are making e-government services more accessible for citizens thanks to the WIFI4EU initiative! European Commission WiFi4EU countries: Bulgaria Eager to hold its position as a leader in digital governance and services, Bulgaria ranks second among the countries with highest WiFi4EU coverage: during the four calls for applications, 242 out of the total 265 municipalities in Bulgaria have been awarded a WiFi4EU voucher, each worth EUR 15,000! The country boasts 90% WiFi4EU coverage also thanks to the Ministry of Transport, Information Technology, and Communications, which played a pivotal role in galvanizing local support for the initiative. Seen the progress made by the Bulgarian government in the provision of online public services, Mayors have seen in WiFi4EU the opportunity to give all citizens the chance to take advantage of e-administration services, and much more. “This investment will be returned in the form of satisfaction of our citizens, opportunities for development of the local businesses and tourism, as well as opportunities for the young people to rediscover the world”, explained the Mayor of Troyan, Donka Mihaylova. On the other hand, Mayor of Ruse, Plamen Stoilov, is excited to be part of a pan- European community: “This free and wireless internet gives Ruse the opportunity to be in direct contact with the other European municipalities and to be more visible, this is a great acquisition for the citizens of Ruse, especially for the young people, thus promoting tourism”. The vast coverage of the WiFi4EU national network will benefit both locals and visitors by providing free public access to Wi-Fi in the length and breadth of Bulgaria.
    [Show full text]
  • Federal Research Division Country Profile: Bulgaria, October 2006
    Library of Congress – Federal Research Division Country Profile: Bulgaria, October 2006 COUNTRY PROFILE: BULGARIA October 2006 COUNTRY Formal Name: Republic of Bulgaria (Republika Bŭlgariya). Short Form: Bulgaria. Term for Citizens(s): Bulgarian(s). Capital: Sofia. Click to Enlarge Image Other Major Cities (in order of population): Plovdiv, Varna, Burgas, Ruse, Stara Zagora, Pleven, and Sliven. Independence: Bulgaria recognizes its independence day as September 22, 1908, when the Kingdom of Bulgaria declared its independence from the Ottoman Empire. Public Holidays: Bulgaria celebrates the following national holidays: New Year’s (January 1); National Day (March 3); Orthodox Easter (variable date in April or early May); Labor Day (May 1); St. George’s Day or Army Day (May 6); Education Day (May 24); Unification Day (September 6); Independence Day (September 22); Leaders of the Bulgarian Revival Day (November 1); and Christmas (December 24–26). Flag: The flag of Bulgaria has three equal horizontal stripes of white (top), green, and red. Click to Enlarge Image HISTORICAL BACKGROUND Early Settlement and Empire: According to archaeologists, present-day Bulgaria first attracted human settlement as early as the Neolithic Age, about 5000 B.C. The first known civilization in the region was that of the Thracians, whose culture reached a peak in the sixth century B.C. Because of disunity, in the ensuing centuries Thracian territory was occupied successively by the Greeks, Persians, Macedonians, and Romans. A Thracian kingdom still existed under the Roman Empire until the first century A.D., when Thrace was incorporated into the empire, and Serditsa was established as a trading center on the site of the modern Bulgarian capital, Sofia.
    [Show full text]
  • Implementation Plan
    CORRIDOR INFORMATION DOCUMENT Implementation Plan TT 2021/2022 0 Version Control Version Summary Date Draft GA Approval 07.10.2019. Final ExBo Approval 13.01.2020. 1 Table of Content 1. Introduction ................................................................................................... 3 2. Corridor Description ...................................................................................... 8 2.1. Key Parameters of Corridor Lines ............................................................... 9 2.2. Corridor Terminals .................................................................................... 32 2.3. Bottlenecks ............................................................................................... 35 2.4. AWB RFC Governance ............................................................................. 40 3. Market Analysis Study ................................................................................ 49 3.1. Introduction ............................................................................................... 49 3.2. Objective of Transport Market Study ........................................................ 50 3.3. Methodology of TMS preparation .............................................................. 50 3.4. Analysis of transport and traffic indicators ................................................ 84 3.5. AWB RFC – Rail transport analysis .......................................................... 98 3.6. Rail Carrier demands .............................................................................
    [Show full text]
  • 7563/11 HGN/Tt 1 DG H 2B COUNCIL of the EUROPEAN
    COUNCIL OF Brussels, 10 March 2011 THE EUROPEAN UNION 7563/11 COPEN 44 EJN 20 EUROJUST 29 NOTE from: Bulgarian Permanent Representation to Delegations Subject: Council Framework Decision 2006/783/JHA of 6 October 2006 on the application of the principle of mutual recognition to confiscation orders – the Republic of Bulgaria Delegations will find enclosed the notification made by Bulgaria in relation to the abovementioned framework decision. _______________ 7563/11 HGN/tt 1 DG H 2B EN DECLARATIONS AND NOTIFICATIONS BY THE REPUBLIC OF BULGARIA IN ACCORDANCE WITH ARTICLE 3, ARTICLE 7(5) AND ARTICLE 19 OF COUNCIL FRAMEWORK DECISION 2006/783/JHA OF 6 OCTOBER 2006 ON THE APPLICATION OF THE PRINCIPLE OF MUTUAL RECOGNITION TO CONFISCATION ORDERS The Republic of Bulgaria hereby notifies the General Secretariat of the Council of the following declarations and notifications pursuant to Council Framework Decision 2006/783/JHA of 6 October 2006 on the application of the principle of mutual recognition to confiscation orders and the Law on the recognition, execution and transmission of decisions on confiscation or seizure and decisions on the enforcement of financial penalties adopted by the National Assembly of the Republic of Bulgaria on 11 February 2010 (published in the State Journal of the Republic of Bulgaria No 15 of 23 February 2010), which transposes the abovementioned Framework Decision into the law of the Republic of Bulgaria. 1) Notification pursuant to Article 3 of Framework Decision 2006/783/JHA (determination of the competent authorities): (а) When the Republic of Bulgaria is the executing State: The competent authorities with regard to the recognition of confiscation or seizure orders shall be the provincial courts and Sofia City Court.
    [Show full text]
  • Accelerated Lignite Exit in Bulgaria, Romania and Greece
    Accelerated lignite exit in Bulgaria, Romania and Greece May 2020 Report: Accelerated lignite exit in Bulgaria, Romania and Greece Authors: REKK: Dr. László Szabó, Dr. András Mezősi, Enikő Kácsor (chapters 1, 2, 3, 4 and 5) TU Wien: Dr. Gustav Resch, Lukas Liebmann (chapters 2, 3, 4 and 5) CSD: Martin Vladimirov, Dr. Todor Galev, Dr. Radostina Primova (chapter 3) EPG: Dr. Radu Dudău, Mihnea Cătuți, Andrei Covatariu, Dr. Mihai Bălan (chapter 5) FACETS: Dr. Dimitri Lalas, Nikos Gakis (chapter 4) External Experts: Csaba Vaszkó, Alexandru Mustață (chapters 2.4, 3.2, 4.2 and 5.2) 2 The Regional Centre for Energy Policy Research (REKK) is a Budapest based think tank. The aim of REKK is to provide professional analysis and advice on networked energy markets that are both commercially and environmentally sustainable. REKK has performed comprehensive research, consulting and teaching activities in the fields of electricity, gas and carbon-dioxide markets since 2004, with analyses ranging from the impact assessments of regulatory measures to the preparation of individual companies' investment decisions. The Energy Economics Group (EEG), part of the Institute of Energy Systems and Electrical Drives at the Technische Universität Wien (TU Wien), conducts research in the core areas of renewable energy, energy modelling, sustainable energy systems, and energy markets. EEG has managed and carried out many international as well as national research projects funded by the European Commission, national governments, public and private clients in several fields of research, especially focusing on renewable- and new energy systems. EEG is based in Vienna and was originally founded as research institute at TU Wien.
    [Show full text]
  • Annex REPORT for 2019 UNDER the “HEALTH CARE” PRIORITY of the NATIONAL ROMA INTEGRATION STRATEGY of the REPUBLIC of BULGAR
    Annex REPORT FOR 2019 UNDER THE “HEALTH CARE” PRIORITY of the NATIONAL ROMA INTEGRATION STRATEGY OF THE REPUBLIC OF BULGARIA 2012 - 2020 Operational objective: A national monitoring progress report has been prepared for implementation of Measure 1.1.2. “Performing obstetric and gynaecological examinations with mobile offices in settlements with compact Roma population”. During the period 01.07—20.11.2019, a total of 2,261 prophylactic medical examinations were carried out with the four mobile gynaecological offices to uninsured persons of Roma origin and to persons with difficult access to medical facilities, as 951 women were diagnosed with diseases. The implementation of the activity for each Regional Health Inspectorate is in accordance with an order of the Minister of Health to carry out not less than 500 examinations with each mobile gynaecological office. Financial resources of BGN 12,500 were allocated for each mobile unit, totalling BGN 50,000 for the four units. During the reporting period, the mobile gynecological offices were divided into four areas: Varna (the city of Varna, the village of Kamenar, the town of Ignatievo, the village of Staro Oryahovo, the village of Sindel, the village of Dubravino, the town of Provadia, the town of Devnya, the town of Suvorovo, the village of Chernevo, the town of Valchi Dol); Silistra (Tutrakan Municipality– the town of Tutrakan, the village of Tsar Samuel, the village of Nova Cherna, the village of Staro Selo, the village of Belitsa, the village of Preslavtsi, the village of Tarnovtsi,
    [Show full text]
  • BULGARIAN REVIVAL INTELLIGENTSIA Natural
    BULGARIAN REVIVAL INTELLIGENTSIA Natural Philosophy System of Dr. Petar Beron Petar Beron was born at year 1800 in the town Kotel, “a miniature of Nuremberg”, in a rich family of handcrafts and merchants. In Kotel he received his primary education at the cell school of Stoiko Vladislavov and Raino Popovich. He went further to Bucharest where he entered the school of Greek educator Konstantin Vardalach. The latter, a famous for his time pedagogue and encyclopedist, had influenced a lot for the formation of Beron as scientist and philosopher. In 1824 Beron is compelled to leave Bucharest, because he participated in a “Greek plot”, and goes to Brashov, another Rumanian town, where he compiled “The Fish Primer”. This book was fundamental for the Reformation in Bulgaria and an achievement for the young scholar. In 1825 Beron enrolled as a student in Heidelberg University, Germany, where he proceeded philosophy until two years later when he transferred to Munich to study medicine. On the 9 July 1831, after successfully defending a doctoral dissertation, Beron was promoted Doctor in Medicine. Dissertation was in Latin and concerned an operation technique in Obstetrics and Gynecology. The young physician worked in Bucharest and Craiova, but after several years of general practice he quit his job and started merchandise. After fifteen years he made a fortune and went to Paris where he lived as a renter. Here he started a real scientific career. His scope was to entail all the human knowledge by that time and to make a natural philosophy evaluation by creating a new “Panepisteme”. His encyclopedic skills were remarkable.
    [Show full text]