In 18-20 months the Bulgarian town of Razgrad will again have a plain glass plant. This announced Li Wei, vice-president of the Chinese holding “Luoyang” and Denis Barekov, owner of the Bulgarian company “Via properties”, which one year ago bought the bankrupt plant in Razgrad “Diamond”.The investment is between 80 million EUR and 120 million EUR. The construction will be funded by the Chinese state bank Exim but the outputs will be property of “Via Properties”. още »

The Chair of the Bulgarian association of tourist agencies Donka Sokolova blamed the state and more specifically the Tourism Association for the drastic decrease of Scandinavian tourists from Bulgarian resorts. "This year's season will be successful despite the state", Donka Sokolova said, cited by BNR (Bulgarian National Radio).The over-development of the Black sea coast is a fact, according to Donka Sokolova, but instead of moaning, we must compensate it with a quality tourist product, she added. още »

According to the latest study of the leading company for market research IDC a major influence on the extent of development of the information technology markets on the Balkan peninsular was the difference of the moment, the government of the specific country implemented deregulation. IDC forecast an average increase of 20.5% of the Bulgarian market of information technologies in the period 2007-2012. още »

Since today morning "Kremikovtzi" receives the full amount of gas - 30 000 cubic centimeters per hour, the syndicate centrals of the enterprise confirmed. "Bulgargaz" has received 3 million levs from "Vorskla Steel", which covers a part of the obligations of the company for blue fuel. The intentions are two months from now "Kremikovtzi" to run at full capacity, as 60 000 tons should be reached and the goal is 100 000 tons. още »

Sofia municipality opened a procedure for giving on a concession the construction of a lot “Central mineral bath – hydropathic and SPA center”, informed the municipality. The establishment is a public municipal property. Its all-out built-up area is 5603 sq.m. The place is given on a concession for the next 20 years. The future concessioner should guarantee that he will conduct hydrotherapy and SPA procedures with mineral water. още »

More Bulgarians look for summer houses in Greece, because of the over-development of the Black Sea coast, Focus agency informs on data of the electronic issue of the Greek newspaper "Kathimerini". Bulgarian citizens look for property in the neighboring countries with different and more pleasant atmosphere, which except a place for family vacation are a good investment, according to the publication. още »

There are big gas deposits in the village of Derventsi, in the region of Cherven briag, Bulgaria. This announced Kolio Tonev, manager of the American company “Direct Petroleum Bulgaria”, which conducts exploratory drillings. He explained that the geological research has started several years ago. During the initial trial a 5900 m deep drill has been made and it has given promising results. още »

The fast issuing of tourist visa for citizens of CIS (Commonwealth of Independent States) will help the Bulgarian tourist branch. All measures undertaken so far by the Bulgarian state only worsen the situation with the issuing of visa. This claimed Chavdar Alexandrov, chairman of the Association for promotion of foreign investment.Even the introduction of electronic submission of documents was not in a rational way and instead of easing the situation, on the contrary – makes the tourism of the Russian tourist here more difficult, is said in a statement sent to the media, informs burgasinfo. още »

Businesses depend on retired people for solving their employee problems, after 42% of companies have appointed old people, a survey by rabota.bg among 152 employers shows. The level of unemployment in Bulgaria in July is 5.96%, according to the data from the Employment agency.The extreme lack of personnel has obliged companies to use retirees for unqualified labor, while 18% of companies have found qualified personnel among elderly people. още »