Vetko Arabadzhiev

The Court Decides if Marinela Arabadzhieva Will Be Set Free from Custody

The court decides if Marinela Arabadzhieva will be set free. She is in the custody from May 30, when she was extradited to Bulgaria from Spain. Then the court imposed her the highest detention measure on the grounds that the businesswoman might hide abroad again.Her husband Vetko Arabadzhiev is also in custody.

Victoria Group VM 'to Acquire' Sofia's Five-Star Kempinski Hotel

Businessman Vetko Arabadzhiev is poised to become the new owner of Kempinski Hotel Zografski, also known as "the Japanese hotel", media reports suggest.

Arabadzhiev has reportedly paid off Kempinski and the purchase is expected to be formalized later on Monday, Capital Daily informs.

The price tag has not been disclosed, but previous reports suggest it is about EUR 45 B.