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Real estate investment – most profitable
Friday, 19 Sep, 2008 – 19:20 | No Comment
Real estate investment – most profitable

Bulgarian investment in residential property, although low-profitable, brings much higher earnings on the sale compared to investment in financial assets. These findings based on official statistics are mentioned in the report for the third quarter …

Military project in Novo Selo to begin
Thursday, 18 Sep, 2008 – 20:38 | No Comment
Military project in Novo Selo to begin

61,15 M USD will be given to 13 companies, 11 are Bulgarian. This money will be used for a variety of constructions which will be used as a military base of the Bulgarian and US …

500 milion euro invested in green energy in Bulgaria
Thursday, 18 Sep, 2008 – 14:53 | No Comment
500 milion euro invested in green energy in Bulgaria

The chairperson of the association of eco energy producers Velizar Kiryakov sais that about 500 milion euro will be invested in wind farms in northeastern Bulgaria and another 100milion leva will be spent on solar …

Bulgaria PM meets Putin to Discuss Large-scale Energy Projects in Sochi
Thursday, 18 Sep, 2008 – 12:02 | No Comment
Bulgaria PM meets Putin to Discuss Large-scale Energy Projects in Sochi

Bulgaria’s Prime Minister Sergey Stanishev is to meet his Russian counterpart Vladimir Putin in the Black Sea resort of Sochi on Thursday.
The two officials will discuss the current main energy projects – the construction of …

Burgas was rated “BBB” today
Wednesday, 17 Sep, 2008 – 18:05 | One Comment
Burgas was rated “BBB” today

The Municipality of Burgas received a BBB credit rating. It was said by Hristo Mihailovski on a special news conference today. Mr. Mihailovski is a president of the Bulgarian Credit Rating Association.
The BBB rating …

Salaries grown up with 22%
Tuesday, 16 Sep, 2008 – 14:37 | One Comment
Salaries grown up with 22%

The expenses for recruiting workers for an hour were grown up for the second quarter of 2008 in relation to the same period last year, “Standart” daily reports.
Latvia and Romania are before Bulgaria, where …

Realtors: luxury properties not hard to sell
Tuesday, 16 Sep, 2008 – 11:19 | No Comment
Realtors: luxury properties not hard to sell

Bulgarian property funds do not plan to raise fresh cash for investments and have no trouble selling their finished projects, major market players have said. The bulk of the companies have already secured resources and …

Real Estate Prices in Bulgaria Capital Sofia Up 10% – Report
Tuesday, 16 Sep, 2008 – 10:32 | No Comment
Real Estate Prices in Bulgaria Capital Sofia Up 10% – Report

The average price of the real estate sales in Bulgaria’s capital Sofia is up 9,43% in the first half of 2008 compared to the same period of 2007, according to Raiffeisen Real Estate.
The average amount …

Economy in Bulgaria grew up
Monday, 15 Sep, 2008 – 16:22 | No Comment
Economy in Bulgaria grew up

Bulgaria’s economy grew by 7.1 per cent year-on-year in the first six months of 2008, in real terms, to 29.43 billion leva or 15.05 billion euro, provisional data from the National Statiscal Institute showed on …

A 32% increase per year – housing prices
Sunday, 14 Sep, 2008 – 17:03 | No Comment
A 32% increase per year – housing prices

On a yearly basis housing in Bulgaria increases by 32%. Because of this the investment in a Bulgarian home is more profitable than an investment in financial assets.
This is the result of a report by …

Bulgaria produces 40-50% of world attar of roses
Sunday, 14 Sep, 2008 – 9:59 | No Comment
Bulgaria produces 40-50% of world attar of roses

The market share of the Bulgarian attar of roses is between 40 and 50% of the global production, but its quality is by far considered the best, the Bulgarian Agriculture and Food Ministry said. In …

Bulgaria Plovdiv Fair to Launch New TV Channel
Saturday, 13 Sep, 2008 – 18:54 | No Comment
Bulgaria Plovdiv Fair to Launch New TV Channel

The International Plovdiv Fair is going to broadcast its own TV business centered program after the deal to purchase the TV channel “Evrokom Bulgaria” becomes final.
The idea is for the new TV to become a …