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Girdap
Girdap or Ghirdap ( bg, Гирдап) was the first privately owned Bulgarian bank. Established in Ruse in 1881, until its closure in 1925 it was one of the two large Bulgarian banks which relied on capital that was both private and local, along with the Bulgarian Commercial Bank. Prior to the Balkan Wars and World War I, Girdap was among the six largest banks in Bulgaria, and during the wars its financial group was the most influential in the country. History Early years Girdap's constituent assembly was held on 1 December 1881, less than four years after the Liberation of Bulgaria from Ottoman rule and the establishment of the Principality of Bulgaria. At the time, the northeastern Bulgarian city of Ruse was a major economic hub. Ruse prospered due to its role as a major port on the Danube, its rapid industrial development and its well-established ties with Central Europe along that river. Banking, however, was a new concept, as most people employed the services of money ...
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Ruse, Bulgaria
Ruse (also transliterated as Rousse, Russe; bg, Русе ) is the fifth largest city in Bulgaria. Ruse is in the northeastern part of the country, on the right bank of the Danube, opposite the Romanian city of Giurgiu, approximately south of Bucharest, Romania's capital, from the Bulgarian Black Sea Coast and from the capital Sofia. Thanks to its location and its railway and road bridge over the Danube ( Danube Bridge), it is the most significant Bulgarian river port, serving an important part of the international trade of the country. Ruse is known for its 19th- and 20th-century Neo-Baroque and Neo-Rococo architecture, which attracts many tourists. It is often called the Little Vienna. The Ruse-Giurgiu Friendship Bridge, until 14 June 2013 the only one in the shared Bulgarian-Romanian section of the Danube, crosses the river here. Ruse is the birthplace of the Nobel laureate in Literature Elias Canetti and the writer Michael Arlen. Ruse is on the right bank of the r ...
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Joint Stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In ...
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Tobacco
Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the chief commercial crop is ''N. tabacum''. The more potent variant ''N. rustica'' is also used in some countries. Dried tobacco leaves are mainly used for smoking in cigarettes and cigars, as well as pipes and shishas. They can also be consumed as snuff, chewing tobacco, dipping tobacco, and snus. Tobacco contains the highly addictive stimulant alkaloid nicotine as well as harmala alkaloids. Tobacco use is a cause or risk factor for many deadly diseases, especially those affecting the heart, liver, and lungs, as well as many cancers. In 2008, the World Health Organization named tobacco use as the world's single greatest preventable cause of death. Etymology The English word ''tobacco'' originates from the Spanish word "tabaco ...
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Niš
Niš (; sr-Cyrl, Ниш, ; names in other languages) is the third largest city in Serbia and the administrative center of the Nišava District. It is located in southern part of Serbia. , the city proper has a population of 183,164, while its administrative area (City of Niš) has a population of 260,237 inhabitants. Several Roman emperors were born in Niš or used it as a residence: Constantine the Great, the first Christian emperor and the founder of Constantinople, Constantius III, Constans, Vetranio, Julian, Valentinian I, Valens; and Justin I. Emperor Claudius Gothicus decisively defeated the Goths at the Battle of Naissus (present-day Niš). Later playing a prominent role in the history of the Byzantine Empire, the city's past would earn it the nickname ''Imperial City.'' After about 400 years of Ottoman rule, the city was liberated in 1878 and became part of the Principality of Serbia, though not without great bloodshed—remnants of which can be found throug ...
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Thessaloniki
Thessaloniki (; el, Θεσσαλονίκη, , also known as Thessalonica (), Saloniki, or Salonica (), is the second-largest city in Greece, with over one million inhabitants in its metropolitan area, and the capital of the geographic region of Macedonia, the administrative region of Central Macedonia and the Decentralized Administration of Macedonia and Thrace. It is also known in Greek as (), literally "the co-capital", a reference to its historical status as the () or "co-reigning" city of the Byzantine Empire alongside Constantinople. Thessaloniki is located on the Thermaic Gulf, at the northwest corner of the Aegean Sea. It is bounded on the west by the delta of the Axios. The municipality of Thessaloniki, the historical center, had a population of 317,778 in 2021, while the Thessaloniki metropolitan area had 1,091,424 inhabitants in 2021. It is Greece's second major economic, industrial, commercial and political centre, and a major transportation hub for Greece and s ...
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Alexandroupoli
Alexandroupolis ( el, Αλεξανδρούπολη, ), Alexandroupoli, or Alexandrople is a city in Greece and the capital of the Evros regional unit. It is the largest city in Western Thrace and the region of Eastern Macedonia and Thrace. It has 71,601 inhabitants and is an important port and commercial center of northeastern Greece. The city was first settled by the Ottoman Empire in the 19th century and grew into a fishing village, Dedeağaç. In 1873, it became a ''kaza'' and one year later, it was promoted to a ''sanjak''. The city developed into a regional trading center. Later, it became a part of Adrianople Vilayet. During the Russo-Turkish War (1877–1878), it was briefly captured by the Russians. Ottoman rule ended with the First Balkan War, when the city was captured by Bulgaria in 1912. In the Second Balkan War, Greece took the control of the city. With the Treaty of Bucharest (10 August 1913), the city returned back to Bulgaria. With the defeat of Bulgaria in Wo ...
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Edirne
Edirne (, ), formerly known as Adrianople or Hadrianopolis ( Greek: Άδριανούπολις), is a city in Turkey, in the northwestern part of the province of Edirne in Eastern Thrace. Situated from the Greek and from the Bulgarian borders, Edirne was the second capital city of the Ottoman Empire from 1369 to 1453, before Constantinople became its capital. The city is a commercial centre for woven textiles, silks, carpets and agricultural products and has a growing tourism industry. In 2019 its estimated population was 185,408. Edirne has an attractive location on the rivers Meriç and Tunca and has managed to withstand some of the unattractive development that mars the outskirts of many Turkish cities. The town is famous in Turkey for its liver. ''Ciğer tava'' ( breaded and deep-fried liver) is often served with a side of cacık, a dish of diluted strained yogurt with chopped cucumber. Names and etymology The city was founded and named after the Roman emperor H ...
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Deutsche Bank
Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange. It was founded in 1870 and grew through multiple acquisitions, including Disconto-Gesellschaft in 1929 (as a consequence of which it was known from 1929 to 1937 as Deutsche Bank und Disconto-Gesellschaft or "DeDi-Bank"), Bankers Trust in 1998, and Deutsche Postbank in 2010. As of 2018, the bank's network spanned 58 countries with a large presence in Europe, the Americas, and Asia. As of 2021, Deutsche Bank was the List of largest banks, 21st largest bank in the world by total assets and 93rd in the world by market capitalization. It is a component of the DAX stock market index, and often referred to as the List of banks in Germany, largest German banking institution even though the Sparkassen-Finanzgruppe comes well ahead in ...
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Kingdom Of Bulgaria
The Tsardom of Bulgaria ( bg, Царство България, translit=Tsarstvo Balgariya), also referred to as the Third Bulgarian Tsardom ( bg, Трето Българско Царство, translit=Treto Balgarsko Tsarstvo, links=no), sometimes translated in English as Kingdom of Bulgaria ( bg, Крáлство България, Kralstvo Balgariya, links=no), was a constitutional monarchy in Southeastern Europe, which was established on 5 October ( O.S. 22 September) 1908, when the Bulgarian state was raised from a principality to a Tsardom. Ferdinand, founder of the royal family, was crowned a Tsar at the Declaration of Independence, mainly because of his military plans and for seeking options for unification of all lands in the Balkans region with an ethnic Bulgarian majority (lands that had been seized from Bulgaria and given to the Ottoman Empire in the Treaty of Berlin). The state was almost constantly at war throughout its existence, lending to its nickname as "th ...
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Economy Of Bulgaria
The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is an industrialised upper-middle-income country according to the World Bank, and is a member of the European Union (EU), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE) and the Organization of the Black Sea Economic Cooperation (BSEC). The Bulgarian economy has experienced significant growth (538%), starting from $13.15 billion (nominal, 2000) and reaching estimated gross domestic product (GDP) of $86 billion (nominal, 2022 est.) or $203 billion (PPP, 2022 est.), GDP per capita of $31,148 (PPP, 2022 est.), average gross monthly salary of 1,787 leva (913 euro) (September 2022), and average net monthly salary of $1,863 (adjusted for living costs in PPP) (2022). The national currency is the lev (plural leva), pegged to the euro at a rate of 1.95583 leva for 1 euro. The lev is the strongest and mos ...
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Stefan Stambolov
Stefan Nikolov Stambolov ( bg, Стефан Николов Стамболов) (31 January 1854 OS– 19 July 1895 OS) was a Bulgarian politician, journalist, revolutionary, and poet who served as Prime Minister and regent. He is considered one of the most important and popular "Founders of Modern Bulgaria", and is sometimes referred to as "the Bulgarian Bismarck". In 1875 and 1876 he took part in the preparation for the Stara Zagora uprising, as well as the April Uprising. Stambolov was, after Stanko Todorov, Boyko Borisov and Todor Zhivkov, one of the country's longest-serving prime ministers. Criticised for his dictatorial methods, he was among the initiators of economic and cultural progress in Bulgaria during the time of the Balkan Wars. Early years Stambolov was born in Veliko Tarnovo. His father took part in the "''Velchova Zavera''" plot against Turkish rule in 1835. Stambolov grew up around prominent revolutionists like Hristo Ivanov, the priest Matey Preobra ...
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Silistra
Silistra ( bg, Силистра ; tr, Silistre; ro, Silistra) is a town in Northeastern Bulgaria. The town lies on the southern bank of the lower Danube river, and is also the part of the Romanian border where it stops following the Danube. Silistra is the administrative center of the Silistra Province and one of the important towns of the historical region of Southern Dobrudzha. Silistra is a major cultural, industrial, transportation, and educational center of Northeastern Bulgaria. There are many historical landmarks including a richly-decorated Late Roman tomb, remains of the Medieval fortress, an Ottoman fort, and an art gallery. Etymology The name Silistra is possibly derived from the root of the old Thracian name of the lower part of the Danube "Istrum". By another theory, the city's name comes from the Latin words "silo" and "stra", meaning "awl" and "strategy". Geography Silistra is in the northeastern part of Bulgaria on the southern bank of the Danube River ...
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