Belgian Investors Gather On Business Forum In Plovdiv 02/04/2008
More than 16 Belgian firms, which have invested over 60 million BGN (30 million EUR) in Plovidv and the region, were invited on a common meeting, initiated by Belgian ambassador for Bulgaria Philippe Beke and Plovdiv mayor Slavcho Atanasov. The companies present the interest of different branches as brewery, construction, textile industry, high technology products, service, trade with freeze foods, machine construction and others. Accent during the meeting was put over the conditions of business development in Plovdiv and the region. The investors give high estimate to Plovdiv potential with a view to its location and the population for attracting more investments. The deepening lack of skilled personnel and the inflexible labour market were pointed out among the serious problems in... more

Municipal Councilors Delay Start Of Banya Golf Resort Project 25/03/2008
Karlovo mayor Naiden Naidenov and a number of municipal councillors are trying to delay businessman Hristo Kovachki’s project for the development of the town of Banya as a tourist destination, by insisting on his clarifying the origin and the volume of the investment, Dnevnik daily reported on March 24. The municipality and Banya Golf&Spa Resort company, controlled by Kovachki, set up the joint stock company Sporten Complex, with Karlovo town hall contributing 12ha of municipal land and the private enterprise pouring 15 million leva in the firm’s capital and committing to invest another 60 million euro in the construction of a multipurpose sports, golf and villa compound in Banya. In compliance with anti-money laundering regulations, the municipality is obliged to inform the Financial... more

Fundamental Financial Advice For People Moving To Live Abroad 12/05/2008
There is SO much to get organised once a decision has been made that you want to relocate to live abroad.  Trust us, having done it we know what it takes.  In fact, we have ants in our collective pants and are forever moving from one country to another and we still find the whole thing complicated, time consuming and stressful.  But, as you are no doubt aware, (or at least clinging to the hope of!), it is worth the hassle in the end. So, the one thing you don’t want to be worrying about when you’re organising new schools, new jobs, new accommodation and a whole new life are the financial aspects of your future life.  However, if you’re a regular reader of this site you’ll know that the one thing we go on about ad nauseum is the fact that financial failings are the number one reason why... more

Sweden To Invest In Energy Effectiveness In Bulgaria 27/03/2008
Sweden intends to construct in Bulgaria objects in the area of energy effectiveness, money.bg announced. During the last 15 years Sweden has improved its common energy effectiveness with 30% and has decreased the losts of electricity by transporting. That was announced by vice-minister of energy and economics Yavor Kuyumdjiev after the meeting ‘Opportunities of cooperation between Bulgaria and Sweden', that conducted in the Ministry building. Kuyumdjiev informed the financing of these projects could become as through the structural funds of EU, so through the Swedish export fund. more

100,000 Ukrainian Tourists Visit Bulgaria Yearly 19/03/2008
Round 100, 000 Ukrainians visit Bulgaria yearly with purpose tourism money .bg announced. Round 80,000 million USD is the yearly stock exchange between both countries, the Ukrainian ambassador for Bulgaria Victor Kalnik said on the meeting with the major of Varna Kiril Jordanov. He reminded, after the entering of Ukraine in the International trade Organization, the opportunities for mutual cooperation have increased. The Bulgarian business has opportunity to return to the Ukrainian market with the popular there goods as vine, perfumery, cigarettes and the Ukrainian contractors show interest in investments in property, shipbuilding, infrastructure and energy projects. ‘There are concessions in the visa regime, but additionally there is being worked for improving of the conditions of... more