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News

News

  • 26.10.2006

    Gary Player: The New Tiger Woods could be from Bulgaria

    Category: General news

    World golf legend Gary Player, who visited Bulgaria for a few days, believes that the new Tiger Woods could be a Bulgarian.
    “I like Bulgaria very much. The climate suits me best, traditional Bulgarian cuisine is just great and all the people are really nice,” said Player.
     

  • 04.10.2006

    Investors are about to pour over 200 million Euros in Plovdiv!

    Category: General news

    “The size of the complex is tremendous. These are a few buildings with total living area over 126 decares.The high ones are situated in a ring around the two-storied mall”
     

  • 03.10.2006

    German retailer Kaufland opens store in Varna

    Category: General news

    German discount retailer Kaufland will inaugurate this week an outlet in Varna, on the Black Sea, the company's 5th store launch in less than 2 months.
    The 8 mln euro hypermarket is located in an area that will soon accommodate the city's first Western-style shopping center, Mall Varna.

  • 26.10.2006

    Burgas port mulls yacht marina

    Category: General news

    The management of the Burgas port, on the Black Sea, is considering vacating some of its operative premises for the construction of a passenger and yacht terminal. The use of the existing yachting facilities are inconvenient because the sailing boats cross path with commercial shipping lines. The transport ministry plans to award separate concession contracts for each of the port's 5 terminals. The contracts for the terminals for containerised, bulk and liquid cargo will employ a build-operate-transfer scheme. The eastern and western terminals will be concessioned off for a period of 25 to 30 years.

  • 26.10.2006

    Bulgaria struggles to bridge gap with the West

    Category: General news

    Poised to enter the European Union in 2007, Bulgaria is struggling to shed its image as a far-flung Eastern outpost, with its drab cookie-cutter apartment blocks, officious bureaucrats, and bare store shelves. Bulgaria and Romania have been given the go-ahead to join the European Union on January 1, 2007, but with the most stringent monitoring system ever imposed on new members.

    The two countries, which will add 30 million people to the EU's total population, received grim warnings that they risk losing out on some of the vast economic benefits of joining the EU should they stray from several conditions.EU officials have ordered the governments in Bucharest and Sofia to curb organized crime and corruption, clean up their justice systems, and ensure food safety. Still, the two nations' entry is being hailed as a landmark decision.

  • 26.10.2006

    The construction of Maritsa Gardens is about to begin

    Category: General news

    The first stage from the construction of one of the biggest residential complexes, has already been completed, announced Schraga Rusanski- the Chief engineer of the project. Two Plovdiv companies – “Mig engineering” and “Jazov” - are constructing the first three blocks of a settlement, which is going to be situated among the greenery and peacefulness at the bank of the Maritsa River, in close proximity to “Pazardjishko schose” and “Allati” shop. Investor in the project is the Israeli company “Maritsa Gardens” GmBH, with designer – architect Liudmila Petkova and according to the concept of architect Orit Nimrod from Israel.

  • 26.10.2006

    Parliament finally votes in Law on sojourn of EU citizens in Bulgaria

    Category: General news

  • 26.10.2006

    The new Spanish Costas for Britons

    Category: General news

    After years of talks, Bulgaria and Romania will join the EU in January under strict conditions. For Britons, among the many areas of life which will undoubtedly be changed by this, is the property market. Thousands of Britons have already bought homes in these countries - but will many more now join them? Bulgaria and Romania have "gone through a remarkable transformation", said European Commission President Jose Manuel Barroso announcing their EU accession. The two countries, which were the poorest of the former Soviet satellite states of Central and Eastern Europe, made changes such as tackling organised crime and corruption, and introducing farming reforms.
     

  • 26.10.2006

    Mini Town for One Billion Levs Built Downtown Sofia

    Category: General news

    A mini town for one billion levs will be built in one of the Sofia residential districts by 2012. The investment in the multifunctional complex which is to be constructed in the center of Sofia will exceed one billion levs. Yesterday, the Bulgarian Investment Agency handed the Sofia Acropolis company a first class investor certificate.

  • 26.10.2006

    Irish ready to buy up the world

    Category: General news

    Release that pension fund, unlock the SSIA and dissolve your mutual fund - there is a new investment in town.
    That's right, forget about buying a three-bed in Lucan to rent to a gaggle of nurses, Cambodia is the place to lay down your cash for a rainy day.
    The home of the Khmer Rouge and the killing fields was yesterday being touted as the latest must-have for the hordes of ever-hungry Irish property investors.

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