Property Near Yambol and a Lake - ID 2780

The Directorate For National Construction Supervision Examined 9 919 Sites In 2007 14/03/2008
The Directorate for National Construction Supervision (DNCS) checked 9 919 building sites in 2007, examining the legitimacy of ongoing works, the availability of building permits as well as construction and habitation certificates, according to the DNCS’s annual report, cited by investor.bg. The Directorate issued a total of 2 472 acts, certifying contraventions of the Spatial Development Act. Subsequent legal proceedings have already been launched, the report said. The total number of complaints and alerts, submitted to DNCS last year, totalled 75 052, 18 083 of which were submitted with the central department and 56 969 with the regional arms. The report says that 114 administrative legal proceedings against 76 chief architects and other municipal authorities have started - in... more

Russians Invest 30 M Eur Close To Golden Sands Resort 26/03/2008
The Russian holding “Etalon-LenSpecSMU” announced the start of its first project out of Russia.   The company will invest 30 M EUR in an apartment complex on an area of 22 thousand sq. m in close proximity to the Bulgaria Golden Sands resort, informed sgrada.com.   The funding will be implemented through credits from foreign banks. The project is expected to be finished by the first quarter of 2009.   “Etalon-LenSpecSMU” plans the realization of two more residential projects in Bulgaria and an expansion to Serbia in a short term. more