Average 3 - 4 holes are bankrupting every week on the Bulgaria seaside, the State Agency of Tourism (SAT) data shows. That was announced by the SAT chairman Anelia Krushkova.Dozens of hotels are being announced for sale, but there are no buyers. That's how, because of debts, the hotels become property of finance institutions, but is it possible for them to sell it, if their owners didn't manage, Krushkova rhetorically asks. още »

The Commission for Consumer Protection imposed sanctions for the amount of 293,000 levs to producers of eggs and poultry meat because of forbidden agreements. Among the participants in the cartel is the Poultry-farming Union in Bulgaria and "Gradus" OOD, Stara Zagora, whose representatives have made particular forecasts and recommendations for the price levels of poultry meat and even announced the particular moments when prices should be raised. още »

The executive director of "Kremikovtzi" Steel Mill Guntopali Djaganadam is expected to sign within an hour the final agreement for the shipment of resources with the "Vorskla Steel" company of the Ukrainian millionaire Konstantin Zhevago. The agreement will become valid immediately and the factory will start working normally announced the leader of KT "Podkrepa" in "Kremikovtzi" Lyudmil Pavlov. още »

The situation on the real estate market in Bulgaria shows that supply has increased by 50% over demand in the last two months which quite logically affects real estate prices. A major factor, influencing the price of real estate is the world real estate crisis and economic development in the different regions of the country, executive director of "Address real estate" Katya Cenova said at a press conference dedicated to the real estate market in the country. още »

The first Ikea store for Bulgaria will be constructed in the capital's district ‘Vitosha'. The Greek company for furniture and sport goods ‘Furlis', which holds the rights of the international Ikea company for Bulgaria  have bought a terrain of 60, 000 square meters in the region of the capital's district. It became clear yet in February this year, that Furlis intend to buy a terrain in Sofia in order to build Ikea store. още »

Bulgaria, Romania and Ireland show the highest raise of industrial production in EU in May this year, Eurostat data shows.   The local industrial production registers a raise of 3,3% in May and 8,6% raise for the last year. The raise of the Romanian industry in May is 0, 5%, and for one year - 4,1%.The European industrial production has narrowed in May, compared to April and also compared to May last year. още »

The average credit have increased with 44, 33%, CreditCenter data shows. The drawn loans for the first 6 months of 2008 year the average loan reached round 44, 800 EUR. In compare, for the same period in 2007 the Bulgarians have drawn the average credit of round 31, 100 EUR. The main reason for the big jump is hidden in the prices of real estates, the experts of CreditCenter explain. още »

Bulgaria could earn round 100 million USD yearly from congress tourism, the Bulgarian MEP Biliana Raeva considers. According to Raeva words the congress tourism is one of the most successful tourist branches and our country should stake more on this sphere. A business tourist leaves few times more money than the ordinary one by his visit to a concrete country. още »

For years Bulgaria has been a source of cheap labour for Western Europe. Now the tables have been turned on the Black Sea state, as it finds itself facing an acute shortage of workers and turning to far-reaching measures to make up the shortfall: inviting Vietnamese to fill jobs in manufacturing and construction."Bulgaria employed Vietnamese workers under communism and they fitted in well. още »