25 Nov

Posted at 17:50h in News

The companies include in the annual ranking “300 Business Leaders in Bulgaria” are selected according to the criteria “Earnings Before Interest, Tax, Depreciation and Amortization” (EBITDA) calculated on the basis of the individual financial statement of a certain company for 2020. The ranking includes only companies that have published officially their financial statements for 2020 before 30.09.2021, in the Trade Registry or in other official sources. Against the backdrop of the ongoing severe pandemic and economic crisis, Commercial League – Global Pharma Center improves last year's result by an impressive 91.28% and marks EBITDA of BGN 34,789,000 for 2020....

25 Mar

Posted at 16:26h in News

The Ministry of Economy will provide the Municipality of Burgas with funds for the construction of a new 500 m long street in the North Industrial Zone. This is a result of the governmental decision to approve the financing of public municipal infrastructure under the Investment Promotion Act (IPA). The infrastructure is being constructed in connection with the implementation of the investment project "Construction of the Heart and Brain Center of Clinical Excellence" certified under the IPA. Earlier this year, Commercial League - Global Pharma Center, was granted the class “A” investments certificate for the construction of the new state-of-the-art hospital in Burgas. The development and realization of the project is awarded to the Architectural and Construction Bureau Helvetia. The project was praised personally by the Vice-minister of Economics at the special ceremony. The construction of the new street will significantly improve the transport service of the area as it will provide a direct entrance/exit from and to the main road I-6 Sofia-Burgas. This will stimulate future investment in this area, while easing the traffic entering through the city's entrance roundabout, which is the main connection of transit traffic to the South Black Sea coast and the Turkish border. The construction of the infrastructure will increase the quality of transport communications, improve transport services, and lead to favourable conditions for business development. The newly constructed infrastructure will be owned by the Municipality of Burgas....

22 Mar

Posted at 12:45h in News

Interview by Diana Yankulova with Tihomir Kamenov in the ''Sunday 150" show "You cannot negotiate or come into an agreement with this virus. Everyone agrees that the pandemic is a war. The question is why the world's leaders did not act like in a war. Only China did." This was said to BNR by the businessman Tihomir Kamenov, an investor in the field of healthcare and pharmaceuticals, who took part in the "Sunday 150" show from Zurich. According to him, the fact that no modern world political leader has lived in times of war is a valid explanation and an answer to this question. "The best solution is not to close businesses but prevention with medications, until we get vaccinated. After that, the mechanical measures should continue" according to him and gives the example of China, where "people were locked in their homes, the army was delivering food and mass prevention with hydroxychloroquine was carried out”. You can find the original article here....

31 Mar

Posted at 11:40h in News

Commercial League Global Pharma Center was granted a class “A” investment certificate by the InvestBulgaria Agency – directly reporting to the Bulgarian Ministry of Economics. The project envisages the expansion of the existing Heart and Brain Center of Excellence in Pleven by building a new hospital wing for oncological diseases. The capacity of the already existing clinics and departments will be additionally increased while preserving the current structure. Furthermore, the investor plans to build a student campus offering excellent conditions for study and accommodation for students at the Medical University of Pleven who are specializing at the Heart and Brain Hospital. A state-of-the-art rehabilitation and care center as well as a small hotel for relatives and patients will be constructed. The implementation of the investment project, while creating new jobs, will also have a strong focus on scientific research in the field of human medicine. R&D remains a longstanding priority for Commercial League – covering a wide range of therapeutic areas, including oncology, studies of human genome, as well as clinical trials....

31 Jan

Posted at 15:02h in News

Takvor Boghossian, CEO of Commercial League-Global Pharma Centre, was granted the class “A” investments certificate for construction of “Heart and Brain” multiprofile centre of excellence for active treatment in the city of Burgas. The project was praised personally by the vice-minister of Economics Lachezar Borissov at the special ceremony. The centre is projected to be completed by 2023 and consist of a medical centre, pharmacy and a multiprofile hospital for active treatment with 13 departments, providing over 270 hospital beds. Furthermore, the investment project will create over 200 jobs and promote scientific research and development in the areas of human medicine. Scientific research are a long-term priority for Commercial League. Significant expansions are envisaged in an ample range of therapeutic fields including studies of human gene through diagnostic and clinic examination of owned original combo products for treatment of cardiovascular diseases, diabetes, etc. The ceremony was attended by Stamen Yanev – director of the Bulgarian Agency of Investments and Antoaneta Bares – director of National Company Industrial Zones. Prime-minister Borissov noted the positive tendency of growth in the number and scale of the projects realised in the country by both foreign and local companies – evidence of favorable business climate. His statements also imply endeavours towards extra stimulus for the investors....