News

Israeli company said it will invest 40 mln euro in the construction of a residential community near Veliko Tarnovo, Northern Bulgaria.

A brand new project for development of Northern Rila is now being prepared by the Samokov municipality and the local businessman Hristo Kovachki.

Five companies have been invited by the Transport and Communications Ministry to participate in the tender for the construction of the second Bulgarian bridge over the Danube River.

Grannies from the Elena Balkan (central Bulgaria) study English in order they could negotiate with potential buyers from Great Britain. For the last several years Englishmen and Americans have been buying authentic houses from the period of the Bulgarian National Revival in the region of the Elena Balkan and Veliko Tarnovo (northern Bulgaria).

In June 2007 the first mall in Bulgaria's popular Sunny Beach coastal resort will open.

Bulgaria's EU accession will have no direct influence over the loan interest rates.

In a few weeks the state will support with terrains and infrastructure investors, who plan to pour 350 million levs (1 euro = 1.95 levs) in the Bulgarian economy.

Elemag, the Bulgarian supermarket chain operator, will branch out of the capital Sofia, said the company's executive director Bozhidar Petrakiev in the sidelines of the Construction and Investment Forum underway in Sofia.

Sofia and the country’s winter resorts were among the most preferred destinations for foreign tourists during wintertime, data from the National Statistical Institute (NSI) presented on May 23 showed. Sofia attracted the interest of the largest number of foreigners who came to Bulgaria in the first three months of 2006.

Bulgaria's diplomatic mission in Berlin now boasts a large billboard promoting the Black Sea country's tourism, reports said Monday.