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 »

Everybody knows that property prices in the UK are heading south and that the spectre of negative equity is once again raising its head. Not so in Bulgaria, apparently.Last week, Bulgarian Property Developments was shouting from the Sredna Gora mountain tops after it managed to sell its logistics park in the Black Sea town of Varna for Ђ15m (Ј11.9m), the valuation given to it by Colliers last Dec-ember. още »

The prices of construction in Bulgaria are the lowest in EU, despite their value have increased significantly during the last year according to a research of EC Harris Consultation Company. The expanding of the European Union has a strong influence over the construction industry in Eastern Europe, as in many of the new countries - members the prices of construction have marked strong raise during the last 12 months. още »

“Kremikovtzi”JSC signed a contract with “ArcelorMittal”, announced from the enterprise. According to the contract all raw materials, supplied by “ArcelorMittal” will be processed in steel by the metallurgy enterprise. The production will also be realized by “Kremikovtzi” as part of an agreement for a trade representative with “ArcelorMittal”. Obligation for investment in environmental installations and help in the implementation of repair works for which “Arcelor” will help is also provided for. още »

Hoteliers, restaurant owners and tenants of trade objects at the ‘Sunny Beach' resort are shocked by the incredibly low tourism season this summer. Most of the small hotels are half-empty, the bars and restaurants also and the sellers of fast food and souvenirs are categorical the turnovers are catastrophic.20 hotels on the ‘Sunny Beach' Resort are already closed and declared bankrupt. още »

The mushrooming golf clubs throughout Bulgaria come as an alternative to the concrete sins on the Bulgarian Black sea cost. This is the conclusion of the German DPA Agency, which made its own examination on the theme. The new golf club in Ravno Pole village, located on 25 kilometers from Bulgarian capital Sofia is presently turning into regular destination for the tourists, looking for tranquility. още »