Cosy House In A Rural Area - ID 2601

German 'plus' Plans To Invest 250 M Eur In Bulgaria Till 2011 28/03/2008
Plus, part of Germany's Tengelmann group, plans to complete a E250m investment in Bulgaria by 2011, according to corporate communications officer Nicole Dinter. The company plans to build a logistics centre and develop a network of 150 stores across Bulgaria within a five-year period from its entry into the country in 2006. "We intend to open our logistics platform near Sofia in the first quarter of 2009," Dinter said. "At the same time [in the first quarter of 2009] we intend to open approximately 30 discount stores across Bulgaria." The key players on the Bulgarian retail market are local chains Fantastiko, Familia, Evropa, CBA, Piccadilly and 345, and international majors such as German groups Metro, Kaufland, HIT and Billa and Lithuanian retail chain Maxima, operating under... more

Resorts In Bulgaria To See Residential Property Construction Boom 10/03/2008
Most of the apartments to be constructed in Bulgaria will be located near the country’s biggest resorts. Residential property projects totaling 1.77 million sq m in area received construction permits in the first three months of 2007, Sega daily reported. National Statistical Institute (NSI) data showed that 75 per cent of these apartments will be located in the regions of Bourgas, Varna and Dobrich at the seaside and near the mountain resorts of Bansko, Razlog, Pamporovo and Borovets. Nearly 20 per cent of all apartments to be constructed will be located in the Bourgas region. Between January and April 2007, Dobrich municipality issued nearly 41 per cent more construction permits that during the entire 2006. Apartments to be constructed in the Varna region doubled as... more