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Business
09-05-2008 13:38
Bulgarian Builders Turn to Venezuela
There are strong chances Bulgarian firms to realize projects in the constructions field in Venezuela due to the increased demand of real estates in there. This was informed by Stefan Zlatarov, chairman of Bulgarian - Venezuelan Trade Chamber on a meeting with Tsvetan Simeonov, vice-chairperson of Bulgarian Chamber of Commerce.Between the both organizations was reached an agreement for exchanging of information for supply and demand by Venezuelan and Bulgarian companies with the business contacts purpose. още »
21-05-2008 17:26
Why Investing in Bulgaria Worths?
Bulgaria is one of the fastest growing property markets in Europe offering investors low property prices, continued strong capital growth and high rental returns. Executives at a property exhibition taking place in Larnaca and Nicosia thios week are expected to argue that Bulgaria also provides investors with one key element above many other European investment hotspots; "value for money". още »
21-05-2008 15:45
Serious Decrese in the Issued Construction Permisions
According to National Statistic Institute (NSI) during the first 3 months of 2008 in Bulgaria have been issued 2,267 construction permissions for the building of 11, 437 homes, with folded surface of 1, 584, 613 square meters. A significant decrease in the issuing of new buildings permission compared to previous period is observed. In compare, during the first 3 months of 2007 have been issued 3505. още »
21-05-2008 14:01
7% Raise of Tourism Incomes in 2008
7-8% raise of incomes from tourism is expected for this year, the State Tourism Agency chairman Anelia Ktushkova announced. Krushkova is in the ‘St. St. Konstantin & Elena' resort for the official opening of the summer season. Merits of this conclusion give the registered to the moment vacations. The tourism incomes for the last year are 2, 284 billions EUR, which makes 10% more than the common amount for 2006. още »
21-05-2008 13:16
Belgium Company 'Electrabel' to Build NPP 'Belene'
Bulgaria showed interest in strategic partnership with Belgian company ‘Electrabel' for the construction of NPP ‘Belene'. That was announced by Bulgarian Economics and Energy Minister Peter Dimitrov after a meeting with representatives of the Belgian company. Minister Dimitrov added that except as an investor in the NPP ‘Belene' project, ‘Electrabel' declared interest in participation in the hydro-energy project ‘Gorna Arda' on Arda River and projects on Danube river. още »
21-05-2008 13:08
USA Invsted $600 Mln in Bulgaria for 18 Years - US Ambassador Beyrle
In the last 18 years the American Agency for international development had invested in Bulgaria round $600 million. This was informed by the US Ambassador to Bulgaria John Beyrle, by the time of the international press conference on theme ‘Democracy that give result'.The Ambassador calculated that the US Government invested per $10 every year in each Bulgarian citizen. още »
21-05-2008 12:26
Sofia Property Market to Reach Growth of 25%
Sofia is extremely strong as investment potential in real estates and the growth in the branch may reach 25% in 2008, experts from ‘Property Secrets' prognosticate. In the last couple of years Sofia is loosing the competition with Bucharest and the Black Sea regions speaking of attracting big investors of properties. This already started to change.Among the main reasons, which attract buyers on the market are the potential for permanent growth with an eventual beginning of long term development if the sector. още »
21-05-2008 10:52
Iraqi Debt to Bulgaria to Cover Trakia Highway
One part of Iraqi debt to Bulgaria will be allotted for the construction of the Trakia highway, the Premier Sergei Stanishev announced, quoted by The Standart. The Bulgarian Prime Minister attended on Tuesday the inspection of the already done sectors of Maritsa highway between Harmanli and Novo Selo.Premier Stanishev explains that the sum of $350 million, expected to be transferred from Iraq to Bulgaria by the end of June, presents considerable unplanned revenue to the budget. още »
21-05-2008 10:09
Lakshmi Mittal Bags Brother's Bulgarian Steel Company
ArcelorMittal, the world's largest steel maker, is understood to have emerged as the successful bidder for Bulgarian steel company Kremikovtzi. In a structured deal, ArcelorMittal is believed to have agreed to pay $1.2 billion for the Balkan country's largest steel mill. As part of its purchase commitment, ArcelorMittal has given a loan of $47 million to meet Kremikovtzi's immediate fund requirements. още »
20-05-2008 15:56
Israel Invested Over $1 Billion in Bulgaria
The Israeli investments in Bulgaria exceed $1 billion, informed the Israeli Ambassador to Bulgaria Noah gal Gendler on Tuesday, May 20 while visiting the city of Shumen (North - Eastern Bulgaria). He pointed out that the Israeli businessmen are content and find no obstacles to invest in the country.The problem they see is the shortage of qualified work hand. още »
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