News

Within two years the National Electric Company (NEC) will construct several new substations along the Black Sea coast with a view to improving electricity supply in the area. The statement was made on June 15 by NEC executive director Mardik Papazyan in the sideline of the Energy Forum 2006 international conference in Varna (on the Black Sea).

InvestBulgaria Agency (IBA) was working on changes in the investment regulations to be imposed by the end of the year, IBA executive director Stoyan Stalev told Capital newspaper.

Bulgaria can hope for a rise in tourism revenue by up to 10 per cent this year, Government officials say.

The latest property hotspot which is attracting thousands of ordinary British investors is Bulgaria.
And the interest is growing by the day. It's phenomenal!

Volunteers for Economic Growth Alliance (VEGA) introduced a new Authentic Bulgaria brand for quality tourism products.

A specially prepared leaflet presenting Bulgaria as an attractive tourism destination is to draw more Dutch tourists to the Balkan country.

Austrian oil and gas group OMV said it has invested 4 mln euro in the petrol base in Bulgarian city Vidin, on the Danube, it acquired earlier this year.

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

Rental levels in Sofia's most attractive areas have marked an increase by EUR 15 - EUR 50 since the beginning of the year, shows data of a local real estate site.

For all devoted shoppers, for lovers of a pleasant visit to a cafe with friends, for movie maniacs, for families who wish to spend quality time together and fulfill every wish at a single place - for all of them, Sofia is a better pace to be as of today.