Regulated Plot Near Dobrich - ID 3817

Bulgarias Environment Ministry Plans Ban Over Coastal Construction In Irakli 09/03/2008
Environment and Water Affairs Minister Djevdet Chakurov was working on a temporary ban over construction in Irakli, Bulgaria's wild beach area. Chakurov announced his plans to ban coastal construction during a meeting of the Councils of Ministers, Darik Radio reported. Coastal construction expansion threatened the wild life in the only remaining wild beach area in Bulgaria. On July 6 Nessebar municipality refused to ban construction, allegedly influenced by investors, Darik said. The ministry would investigate into claims that deputy Environment Minister Lyubka Kachakova had interests in continuing coastal construction. The claims were grounded on the fact that Kachakova owned construction plot near Irakli. Chakurov said that he expected a report from Kachakova stating... 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