House for sale Near Elena - ID 3008

Danube Bridge 2 Construction Delayed By Four Months 15/03/2008
Construction on the second bridge across the Danube river between Bulgaria and Romania would be delayed by four months to September 2008, Bulgarian radio station Darik reported on February 19 2008. The reason for the delay of the project that would link Vidin in Bulgaria to Calafat in Romania, known as Danube Bridge 2, was that Spanish construction firm Fomento de Construcciones y Contratas (FCC) had not filed its technical project with the Ministry of Regional Development and Public Works, from the Ministry claim, Darik quoted the ministry as saying. However, Simeon Evtimov, in charge of project development at the Transport Ministry, argued that since the project has already received a construction permit, that meant that all required technical paperwork had been filed. "FCC... more

Office, Industrial Areas Drive Real Estate Market Up Balpex 21/04/2008
At last year's edition of Balkan property exhibition (BalPEx), vacation real estate in resorts were everyone's darlings, but this year it looks like malls, office buildings and industrial parks will be the main drivers of growth on the real estate market, Dnevnik daily reported on April 21. The vacation segment of the market is over-saturated, causing investors to look elsewhere, according to the daily. As a consequence, a large number of projects presented at this year's edition of BalPEx, which ended on April 20, were for commercial and industrial real estate. Malls appear to be spreading from cities to large towns, while another concept that is picking up steam are retail parks, which gather one-floor stores of different chains in one place. One such project is... more