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Bulgaria with a bronze “medal” for tax evasion
Thursday, 20 Aug, 2009 – 16:05 | No Comment
Bulgaria with a bronze “medal” for tax evasion

Italy is the European champion of tax evasion with 51% undeclared earnings, according to the research of the Association of Italian taxpayers.
Romania and Bulgaria are respectively second (42%) and third (39,2%) in the chart. The …

Foreign fund purchases 3000 apartments in Sofia
Monday, 17 Aug, 2009 – 13:01 | No Comment
Foreign fund purchases 3000 apartments in Sofia

A financial institution in Sofia purchases thousands of apartments from firms that are forced to sell their property cheap because of the crisis. This was announced by Plamen Beninski, chairman of the Bulgarian association of …

The prognosis of “Eurobank EFG” for Bulgaria
Sunday, 16 Aug, 2009 – 19:06 | No Comment
The prognosis of “Eurobank EFG” for Bulgaria

According to the prognosis of “Eurobank EFG” (eurobank.gr), the gross domestic product (GDP) of Bulgaria will decrease by 6% in 2009 and by another 2% in 2010.
The analyzers from the financial institution, which is a …

Bulgarians furnished 15 hotels in Germany
Monday, 10 Aug, 2009 – 17:06 | No Comment
Bulgarians furnished 15 hotels in Germany

A cluster of ten Bulgarian companies in the furniture business furnished a hotel chain with fifteen hotels all across Germany. This was announced by the chief of the new Association of business clusters Genoveva Hristova. …

Borisov demands options for “Kremikovtzi”
Monday, 10 Aug, 2009 – 15:09 | No Comment
Borisov demands options for “Kremikovtzi”

The prime minister Borisov demanded options for the future of “Kremikovtzi” in short terms.
These options have to guarantee the interests of the country, the workers of the metallurgy factory and the shareholders, states the message …

The Bulgarian economy will rebuild slowly
Monday, 10 Aug, 2009 – 13:03 | No Comment
The Bulgarian economy will rebuild slowly

According to the latest research of the economists from UniKredit Group on the development of the banking sector of Central and Eastern Europe, the banking sector of the region is still attractive in a long …

Romanians look for cheap properties in Bulgaria
Wednesday, 5 Aug, 2009 – 8:14 | One Comment
Romanians look for cheap properties in Bulgaria

A large number of Romanians have decided to purchase real estate properties in Bulgaria or Hungary.
This has been announced by Adrian Sischin, regional director of the RE/MAX Romania real estate agency, as quoted by the …

Bulgaria is still a potential location for foreign investments
Tuesday, 4 Aug, 2009 – 18:05 | No Comment
Bulgaria is still a potential location for foreign investments

Bulgaria is still among the potential locations for foreign investments, even during the conditions of an international crisis. This was stated by representatives of the American, German and Greek business in Bulgaria.
According to the vice-president …

The wind farm in Kardam under construction
Monday, 3 Aug, 2009 – 18:03 | No Comment
The wind farm in Kardam under construction

“Technomash BIG” AD began the construction of a wind farm with capacity of 12.6 MW in the village Kardam, the municipality of General Toshevo. The Swiss stockholder union Stream Invest Holding assigned the task to …

BSK: The salaries in Bulgaria increase despite the crisis
Monday, 3 Aug, 2009 – 15:05 | No Comment
BSK: The salaries in Bulgaria increase despite the crisis

Contrary to economical logic and despite the shrinking of the economy and increase of unemployment, the salaries of the working class is increasing and the consumption of goods has not been limited.
Such a turn of …

Spanish businessmen interested in producing wine near Pleven
Thursday, 30 Jul, 2009 – 20:01 | No Comment
Spanish businessmen interested in producing wine near Pleven

A business delegation from the Spanish province Castilla Y Leon, lead by the representative of the Bulgarian community in Spain – Georgi Georgiev from Pleven – arrive today.
The director of the Institute for vine growing …

Upcoming luxurious complex near Tsarevo
Tuesday, 28 Jul, 2009 – 13:00 | No Comment
Upcoming luxurious complex near Tsarevo

Iberdrola Inbobiliaria, the company for construction and estate management of the Spanish energy giant Iberdrola, received the permission for the construction of it’s next project, “Koral Beach Elite”. The complex will be located near the …