Newsroom

This newsroom provides you with a one-stop site where we report the latest happenings at ACN Worldwide as well as the recent market developments and major policy changes in and from around the world. Stories and news digest included herein have been screened and recommended by our in-house professionals and researchers for your easy review with links to their original sources.

Company News

  • November 17 2018

    RimPac Seminar

    ACN Worldwide is proud to have sponsored and participated in the topical seminar organised by the Shanghai Centre of RimPac Strategic and International Studies (RimPac), focusing on the review of the general achievements of the Belt and Road Initiative and its impact on China's relations with Europe in the context of changing global order. RimPac is a non-government and non-profit organisation and think tank established and registered in Shanghai since the Year 2000, dedicated to research and policy advice in the areas of protecting China's national security, safeguarding China's interest in the course of its global integration, and by natural progression, fostering a better international environment for peaceful co-existence of nations worldwide.

  • November 7 2018

    Assisting Sinochem Health to Acquire Peeled Sunflower Seeds from Bulgaria

    On the second day during the China International Import Expo week, the president and his team of Sinochem Health Company Ltd. came to ACN Worldwide to confirm the readiness of this state giant to import peeled sunflower seeds from Bulgaria, following the signing of the respective protocol between the two countries. As a country in the CEE region that is rich in natural resources and agricultural products, Bulgaria is one of the few countries around the world that can not only grow good quality sunflowers but have also developed well the industry of peeled seeds. ACN Worldwide is proud to have signed an agreement in September this year with Magic Flame Ltd., leader in the field of producing and exporting peeled sunflower seeds in Bulgaria, as its exclusive agent in China and country consultant.

  • October 24 2018

    Participating in the Global Tourism Economy Forum in Macao

    Nelson Wong, Chairman of ACN Worldwide, and Juliana Gadgeva, Director of Political Risk Analysis at ACN Worldwide, joined the Bulgarian delegation headed by the Bulgarian Ambassador to China His Excellency Grigor Porozhanov to have participated in the Global Tourism Economy Forum which was held in Macao between October 22nd and 24th. ACN Worldwide represents and operates the Bulgarian Tourist Information Centre in Shanghai since 2017 based on an agreement signed with the Bulgarian Ministry of Tourism. The Centre is responsible for promoting Bulgaria tourism and variety of theme based travel programmes, and is also eligible to provide agency services for visa application by Chinese travelers to the Republic of Bulgaria.

  • September 17 2018

    Eduards Kuzmenko meeting with President of Latvia in Beijing

    Project Manager of ACN Worldwide, Eduards Kuzmenko, was invited to participate in a reception of Latvian President Raimonds Vejonis in the embassy of the Republic of Latvia in Beijing. Mr. Kuzmenko discussed with Mr. Vejonis about current Latvian investment situation, the relationship between Latvia and China, and upcoming projects between two countries. During Mr. Kuzmenko’s trip, he also strengthened ties between ambassador of the Republic of Latvia Mr. Maris Selga and ACN Worldwide. Mr. Selga expressed his gratitude for ACN Worldwide and showed his interest in cooperating on projects to come.

  • July 7 2018

    Speaking at the Forum during the 16+1 Summit in Sofia, Bulgaria

    Managing Director of ACN Worldwide, Mr. Nelson Wong, was invited by the Bulgarian Ministry of Tourism to attend the Economic Forum during the 7th 16+1 Summit in Sofia, Bulgaria, as a guest speaker on the topic of investment in tourism. To the applause of the audience, Mr. Wong commented that given the huge potential of tourism in many of the CEE countries, companies with project offerings cannot sit there and expect investors to come, rather, they are advised to seek professional assistance to have them packed in a more professional manner in order to attract investments from China and from many of the developed countries. Also, Mr. Wong pointed out that the 16+1 initiative should be understood in the bigger context of China's cooperation with Europe in general, and in particular, it is wrong for people in CEE countries to expect and regard investments from China to be the same as EU subsidies.

  • June 10 2018

    Signing of the PPP Contract Extension with the Bulgarian Ministry of Tourism

    Recognising the contribution and effort made by ACN Worldwide over the years in promoting Bulgaria as the favoured tourist destination across China, particularly with the opening of the first Bulgarian Tourist Information Centre in Shanghai since September 2017, our Managing Director Mr. Nelson Wong was invited to sign an extension contract during his visit to Sofia in early June to prolong this Public Private Partnership with the Bulgarian Minister of Tourism as well as for ACN Worldwide to open the second Tourist Information Centre in Beijing later this year.

  • June 8 2018

    Meeting the Mother of Yoghurt in Plovdiv, Bulgaria

    Accompanied by Prof. Plamen Mollov, Deputy Director of the Dairy Unit and head of the Food Research and Development Centre of the Bulgarian Academy of Sciences in Plovdiv, three representatives of ACN Worldwide, Mr. Nelson Wong, Mr. Martin Zahariev, and Mr. Edmund Gu, together with a Chinese entrepreneur, visited the Centre in the first week of June 2018, where the delegation met the Bulgarian Investor of the Year 2015, the famous Mother of Yoghurt, Prof. Maria Baltadzhieva to discuss about the prospect of exporting to China the newly developed probiotics as food supplement.

  • May 25 2018

    Participation in the World Travel Fair in Shanghai, China

    ACN Worldwide, on behalf of the Bulgarian Tourist Information Centre, attended the 15th World Travel Fair which was held between May 23-25, 2018 at the Shanghai Convention and Exhibition Centre. More than 300 visitors came to our booth and many have shown interest in and made actual enquiries about the different travel programmes we have displayed, that have been developed by ourselves with the assistance of several travel agencies and professionals from Bulgaria. It is also good to find that more and more people in China are considering Bulgaria as their next possible destination for overseas travels and do love to read our publication of Country Facts on Bulgaria.

  • May 21 2018

    Speaking at Annual Convention of GIA in Yerevan, Armenia

    Managing Director of ACN Worldwide, Mr. Nelson Wong, was invited to deliver a speech entitled "The Beginning or End of Reforms" at the annual convention of Gallup International Association (GIA) which was held between May 21 and 23, 2018 in Yerevan, Armenia. Also attending this convention was Director of CEE Research at ACN Worldwide, Ms. Juliana Gadgeva, who is also heading the political risk analysis and research centre (PRARC). Already a member of the Academic Council of GIA, Mr. Wong is recognised and appreciated for his long time business experience in the Greater China region as well as his insight in market realities, and is therefore in close discussion with some of the key members of GIA to establish a new entity to conduct social survey and research in China which will eventually become the China member of GIA.

  • April 20 2018

    Meeting with Visiting High Officials from Bulgaria

    During the visit to Shanghai of Mr. Stoyan Mavrodiev - Chairman and CEO of the Bulgarian Development Bank, and Mr. Dimitar Abadjiev - Bulgarian Ambassador to Slovenia, ACN Worldwide arranged meetings of these two high officials of Bulgaria to have met with the top management of a few leading Chinese enterprises including Mr. Ray Zhang, Managing Director of Sailing Capital which is Shanghai's state-owned sovereign fund, as well as the Director of Marketing and Sales of the Shanghai Airport Authority, to discuss potential investment opportunities in Bulgaria.

  • April 10 2018

    Partnership with a Chinese Think Tank in Shanghai

    After months of preparation, ACN Worldwide is proud to announce that it has officially become the main patron of the Shanghai Centre for RimPac Strategic and International Studies, a non-government and non-profit organisation established in 2000. Led by leading Chinese academics and senior researchers in international relations and supported by its Advisory and Academic Councils, RimPac conducts its research activities in the areas of protecting China's national security, safeguarding China's interest in the course of its global integration, and by natural progression, fostering a better international environment for peaceful co-existence of nations worldwide. Mr. Nelson Wong is now the Vice Chairman of the Board of Governors of RimPac and the Centre is also domiciled at the headquarters of ACN Worldwide in Shanghai.

  • March 30 2018

    Participation in the Tourism Expo in Xi'an, China

    Two representatives from ACN Worldwide, Miss Parie Bao and Mr. Derek Xing, went to Xi'an, capital city of Shannxi Province, China to attend the Xi'an Silk Road International Tourism Expo on behalf of the Bulgarian Tourist Information Centre, which was held between March 29 and April 1, 2018. Drawing the attention of many visitors who came to the expo, our Bulgarian booth has once again won several awards given by the event organiser and we are very proud to have further raised the attention to Bulgaria as a tourist destination among the Chinese audience.

  • December 10 2017

    Leading Chinese Investors to Visit Bulgaria

    Managing Director of ACN Worldwide, Mr. Nelson Wong, led representatives of Kingcang Group and the Tsinghua Yangtze Delta Research Centre from Zhejiang Province, China to visit Bulgaria for a week-long trip to explore business and investment opportunities. Among many of the meetings that have been arranged, members of the Chinese delegation were brought to the beach city of Varna to visit two of the most beautiful golf resorts on the Black Sea, namely the Thracian Cliffs and the Black Sea Rama. A subsequent investment proposition was also developed by ACN Worldwide to further expand the Black Sea Rama resort for the consideration of potential Chinese investors.

  • November 17 2017

    Participation in the Hainan Tourism Expo in Haikou, China

    Representing the Bulgarian Tourist Information Centre, ACN Worldwide took part in the Hainan World Leisure Tourism Expo 2017 between November 17 and 19 in Haikou, the capital of Hainan Province in southern China. Alternative and theme based travel packages were presented at the exhibition, highlighting Bulgaria to be the ideal destination for spa and wellness treatment, exclusive wine tours, golfing along the Black Sea, hunting experience as well as visit of ancient Roman cities, etc. Our successful participation in this event was well recognised with Bulgaria being acclaimed as the Country of Honour, with our Bulgarian booth receiving the Most Popular Booth Award, and ourselves as the Best Team Organising Award and Best Event Organising Award.

  • September 14 2017

    Opening of the Bulgarian Tourist Information Centre in Shanghai

    A grand gala event was staged by ACN Worldwide on September 14, 2017 in Shanghai to commemorate the opening of the first The Bulgarian Tourist Information Centre in China. With a total attendance of some 200 distinguished guests of officials and business leaders from both Bulgaria and China, we are proud to claim that the event was a great success. A typical example of a Public Private Partnership, the Centre has been set up based on a cooperation agreement signed between ACN Worldwide Ltd., Shanghai and the Bulgarian Ministry of Tourism in January 2017 to provide updated information services to tourists, coordinate the marketing in China of Bulgaria tourism and a variety of travel programmes as well as to offer agency services for visa application, privileged with a special certificate granted by the Bulgarian Consulate General in Shanghai.

  • November 5 2016

    PRARC Signed a Partnership MOU in Yunnan, China

    PRARC Ltd., an associated entity of ACN Worldwide focusing on political risk analysis and research on the CEE region, signed an MOU for the Establishment of a Partnership for Research Projects on November 5, 2016 in Kunming with the Institute of Yunnan Economic Promotion Planning and Research. Ms Juliana Gadgeva, Executive Director of PRARC, attended the signing ceremony and said that the initiative was to identify the shared synergy for cooperation between China and CEE countries, by using Bulgaria as an example, on tourism, to deepen the understanding and of related existing policies on both sides, and to offer policy advice and suggestions to enhance tourism exchange and the further development of related industries on both sides.

  • November 4 2016

    Establishing a New Trading Platform in Bulgaria

    An ACN Worldwide delegation went to Kunming, capital of Yunnan Province in China, to attend the Meeting of China-CEE Agricultural Ministers where ACN Worldwide was invited to sign an agreement to establish a trading platform to facilitate the export of agricultural products from CEE countries to China. The signing ceremony was attended by the Bulgarian diplomats in China and officials from China's Ministry of Agriculture. A few months later, Free Trade Zone 16 Plus. 1 Ltd. was incorporated in Bulgaria as a wholly owned subsidiary of ACN Worldwide Bulgaria Ltd., inaugurating the official establishment of this trading platform.

  • April 5 2016

    Assignment for a Debt Restructuring Transaction in Greece

    ACN Worldwide has been recently retained by a Greek entity to assist an anticipated acquisition of a publically listed company on the Athens Stock Exchange through a proposed restructuring of its EUR 400 million debt and the consolidation of several other companies in the aquaculture business. Upon completion, the export oriented new venture will claim a sizable market share of over 20% worldwide in the aquaculture industries for sea-bass and sea-bream.

  • March 27 2016

    Land Acquisition in Madagascar

    ACN Worldwide has been appointed as the agency in China to market for sale a unique opportunity to acquire a land plot in one of the top travel destinations – Madagascar. Property is a gated and fenced 7200 sq. m land plot with direct access to one of the best beaches in Africa. It has 100 m of private Blue Flag beach, stretching along the clear waters of Indian Ocean, on the east coast of the Sainte-Marie (Nosy Boraha) Island. Equipped with all the basic necessities, including water and electricity from state grid, this land property is ready to facilitate construction works immediately. With multiple types of construction allowed, the land plot is ideal for luxury residential property, boutique hotel, resort, eco lodge or other type of property.

  • March 3 2016

    Co-Hosting the Bulgarian National Day Celebration in Shanghai

    As part of our continued effort to promote Bulgaria as the ideal gateway to Europe for Chinese outbound investment, ACN Worldwide became once again the general sponsor for the National Day Celebration event for the Republic of Bulgaria, held on March 3rd, 2016, in Shanghai. Among the 270 people who attended the cocktail reception, there were consul generals and leading diplomats of over 40 countries, an official delegation of the Shanghai municipal government led by the First Deputy Mayor Mr. Tu Guang Shao, senior representatives of some of the major Chinese and international business organisations, celebrities in film, classical music and performing arts industries, as well as visiting government officials from Bulgaria.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5

View News in All Languages

  • March 13 2019

    中企拟出资170亿美元建世界最长海底铁路隧道

    据今日俄罗斯电视台(RT)3月9日报道,旨在通过芬兰湾连接芬兰与爱沙尼亚首都的铁路项目吸引了中国点石基金(Touchstone Capital Partners)的目光。

    当地时间3月8日,芬兰—爱沙尼亚湾区发展有限公司(Finest Bay Area Development Oy,下称:芬兰湾区公司)在官网发布新闻稿称,其与中国点石基金签署了隧道建设融资150亿欧元(合170亿美元,约合1132.5亿元人民币)的谅解备忘录,该隧道将成为世界上最长的海底铁路隧道。

    这是继去年末,部位于迪拜的建筑公司ARJ Holding拨款1亿欧元的基础上追加的融资。项目建成后,将令数万名游客从乘坐2小时的轮渡减为约20分钟的车程。

    据介绍,这笔资金的三分之一将作为私募股权,点石基金将占少数股权,其余的三分之二将作为债务融资。随着项目的推进,芬兰湾区公司在项目实施伊始就会收到拨款,细节将在未来6月内商定。

    根据项目负责人、芬兰湾区公司创始人彼得·韦斯特巴卡(Peter Vesterbacka)的说法,这条103公里长的铁路隧道旨在连接塔林与赫尔辛基的机场,中间有两个站点,是欧洲最大的基础设施项目之一。

    Read Full Article
  • March 11 2019

    China's CRBC to launch motorway construction in Serbia in April

    BELGRADE (Serbia), March 6 (SeeNews) - China Road and Bridge Corporation (CRBC) plans to launch the construction of a 30.9 km motorway section in Serbia linking Preljina to Pozega in April, Serbia's infrastructure ministry quoted CRBC general manager Du Fei as saying on Wednesday.

    The Chinese company is also interested in the Fruskogorski Corridor road project in northern Serbia, Fei said, according to a press release issued by the infrastructure ministry.

    The infrastructure ministry said in November it signed a 450 million euro ($508.5 million) agreement with China Communications Construction Company (CCCC), the parent of CRBC, for the construction of the Preljina-Pozega motorway section.

    Fruskogorski Corridor will link pan-European transport corridors X and IV on the territory of Serbia's northern autonomous region of Vojvodina. The cost of the project is estimated at 400 million euro, the ministry said at the time. The Fruskogorski Corridor project represents an upgrade of the Novi Sad-Ruma section of IB-21 road.

    Read Full Article
  • February 15 2019

    Foreign investors charge into China’s commercial real estate as credit squeeze hurts domestic development

    China’s commercial real estate investment rose to a record 296 billion yuan (US$44.08 billion) in 2018, as the gap left by cash-strapped local investors was closed by overseas investors who jumped on acquisition opportunities, according to real estate service firm Cushman & Wakefield.

    The 9.5 per cent rise in commercial property investment from a year earlier - a slowdown from 30 per cent surge in 2017 - comes against a backdrop of international trade frictions, a regulatory clampdown on lending, and a cooling domestic economy.

    The credit squeeze weighed negatively on Chinese developers and real estate funds, whose share of total investment retreated to 68 per cent in 2018 from 80 per cent a year earlier.

    However, foreign investment rose to 94.6 billion yuan, or 32 per cent of the total, more than double the amount in 2017, according to Cushman & Wakefield.

    Read Full Article

View News in English Only

  • March 11 2019

    China's CRBC to launch motorway construction in Serbia in April

    BELGRADE (Serbia), March 6 (SeeNews) - China Road and Bridge Corporation (CRBC) plans to launch the construction of a 30.9 km motorway section in Serbia linking Preljina to Pozega in April, Serbia's infrastructure ministry quoted CRBC general manager Du Fei as saying on Wednesday.

    The Chinese company is also interested in the Fruskogorski Corridor road project in northern Serbia, Fei said, according to a press release issued by the infrastructure ministry.

    The infrastructure ministry said in November it signed a 450 million euro ($508.5 million) agreement with China Communications Construction Company (CCCC), the parent of CRBC, for the construction of the Preljina-Pozega motorway section.

    Fruskogorski Corridor will link pan-European transport corridors X and IV on the territory of Serbia's northern autonomous region of Vojvodina. The cost of the project is estimated at 400 million euro, the ministry said at the time. The Fruskogorski Corridor project represents an upgrade of the Novi Sad-Ruma section of IB-21 road.

    Read Full Article
  • February 15 2019

    Foreign investors charge into China’s commercial real estate as credit squeeze hurts domestic development

    China’s commercial real estate investment rose to a record 296 billion yuan (US$44.08 billion) in 2018, as the gap left by cash-strapped local investors was closed by overseas investors who jumped on acquisition opportunities, according to real estate service firm Cushman & Wakefield.

    The 9.5 per cent rise in commercial property investment from a year earlier - a slowdown from 30 per cent surge in 2017 - comes against a backdrop of international trade frictions, a regulatory clampdown on lending, and a cooling domestic economy.

    The credit squeeze weighed negatively on Chinese developers and real estate funds, whose share of total investment retreated to 68 per cent in 2018 from 80 per cent a year earlier.

    However, foreign investment rose to 94.6 billion yuan, or 32 per cent of the total, more than double the amount in 2017, according to Cushman & Wakefield.

    Read Full Article
  • January 18 2019

    Russia, Serbia sign major deals in energy, infrastructure

    Russia and Serbia signed a package of agreements on bilateral cooperation during Russian President Vladimir Putin's visit to the Serbian capital of Belgrade, the Kremlin said Thursday.

    "We signed a large number of agreements in various spheres of public life. Our trade is increasing from year to year, and our economic relations are getting better and better," Serbian President Aleksandar Vucic said at a joint press conference with Putin following their talks, according to a Kremlin transcript.

    In particular, the two sides reached agreements on the construction of a gas pipeline with more gas storage facilities and on the construction of a power station aimed at realizing full gasification of Serbia.

    Putin and Vucic also talked about infrastructure cooperation, especially in the field of railways, and major agreements and memorandums have been signed on the current maintenance of railways.

    The signed contracts on railways have amounted to 230 million euros (262 million U.S. dollars) and are expected to reach 660 million euros in the future, according to Vucic.

    Read Full Article

View News in Chinese Only

  • March 13 2019

    中企拟出资170亿美元建世界最长海底铁路隧道

    据今日俄罗斯电视台(RT)3月9日报道,旨在通过芬兰湾连接芬兰与爱沙尼亚首都的铁路项目吸引了中国点石基金(Touchstone Capital Partners)的目光。

    当地时间3月8日,芬兰—爱沙尼亚湾区发展有限公司(Finest Bay Area Development Oy,下称:芬兰湾区公司)在官网发布新闻稿称,其与中国点石基金签署了隧道建设融资150亿欧元(合170亿美元,约合1132.5亿元人民币)的谅解备忘录,该隧道将成为世界上最长的海底铁路隧道。

    这是继去年末,部位于迪拜的建筑公司ARJ Holding拨款1亿欧元的基础上追加的融资。项目建成后,将令数万名游客从乘坐2小时的轮渡减为约20分钟的车程。

    据介绍,这笔资金的三分之一将作为私募股权,点石基金将占少数股权,其余的三分之二将作为债务融资。随着项目的推进,芬兰湾区公司在项目实施伊始就会收到拨款,细节将在未来6月内商定。

    根据项目负责人、芬兰湾区公司创始人彼得·韦斯特巴卡(Peter Vesterbacka)的说法,这条103公里长的铁路隧道旨在连接塔林与赫尔辛基的机场,中间有两个站点,是欧洲最大的基础设施项目之一。

    Read Full Article
  • January 28 2019

    去年我国对外直接投资1298.3亿美元,同比增长4.2%

    据商务部、外汇局统计,2018年全年,我国全行业对外直接投资1298.3亿美元,同比增长4.2%。其中,对外金融类直接投资93.3亿美元,同比增长105.1%;对外非金融类直接投资1205亿美元,同比增长0.3%。对外承包工程完成营业额1690.4亿美元,同比增长0.3%。对外劳务合作年末在外各类劳务人员99.7万人,较上年同期增加1.7万人。

    2018年全年,对外投资合作主要呈现以下特点:

    一是“一带一路”投资合作稳步推进。

    二是对外投资结构持续多元。

    三是对外投资方式不断创新。

    四是第三方市场合作稳妥有序推进。

    五是地方企业和民营经济对外投资活跃。

    六是境外经贸合作区建设取得积极进展。

    七是对外承包工程带动东道国经济社会发展和我国出口。

    2018年全年,商务部和省级相关主管部门共备案或核准对外投资企业8786家,中方协议投资额1266.8亿美元。其中备案或核准非金融类对外投资企业8739家,中方协议投资额1191.2亿美元;备案或核准金融类对外投资企业47家,中方协议投资额75.6亿美元。

    2019年,我们将重点做好以下工作:

    一是加强政策引领,推动对外投资合作高质量发展。二是加强制度建设,将促进、服务、监管和保障纳入法制化轨道。三是加强营造环境,与东道国共同为企业投资创造良好的、可预见的营商环境。四是加强服务保障,不断创新监管手段,为企业提供更具针对性的公共服务产品。五是加强风险防范,强化企业境外安全主体责任,及时有效应对各类风险。

    Read Full Article
  • January 21 2019

    中欧班列2018年开行发运数据及分析总结

    2018年,铁路部门充分发挥中欧班列国际铁路合作机制和国内运输协调委员会的作用,落实中欧班列在境外宽轨段三列并两列、优惠运价等措施,不断提升班列运行品质。2018年共开行中欧班列6300列、同比增长72%,其中返程班列2690列、同比增长111%。

    建议行业应形成六大共识,如下:

    一、共同确保可持续发展。

    二、共同推动高质量运行。

    三、共享现有建设成果。

    四、共同提升服务水平。

    五、共同促进对外合作。

    六、共同参与行业平台建设。

    中欧班列的发展规划

    发展目标

    到2020年,基本形成布局合理、设施完善、运量稳定、便捷高效、安全畅通的中欧班列综合服务体系。

    中欧铁路运输通道基本完善,中欧班列枢纽节点基本加成,货运集聚效应明显;

    中欧班列年开行5000列左右,回程班列运量显著提高,国际邮(快)件业务常态化开展;

    方便快捷、安全高效、绿色环保的全程物流服务平台基本建成,品牌影响力大幅提升;

    通关便利化水平大幅提升,“单一窗口”模式基本实现全线覆盖。

    七大任务

    • 完善国际贸易通道

    • 加强物流枢纽设施建设

    • 加大资源整合力度

    • 创新运输服务模式

    • 建立完善价格机制

    • 构建信息服务平台

    • 推进便利化大通关

    Read Full Article