Huge piece of land - ID 2407

Germany To Boost Its Presence On Bulgarian Construction Market 14/03/2008
German construction firms should focus on the Romanian and Bulgarian building markets, said Helmut Echterhoff, vice-president of the German Construction Industry HDB (Hauptverbandes der Deutschen Bauindustrie) at the 13th International trade fair for building and construction Bautec 2008, held in Berlin. The two new EU members offer good perspectives for 20 to 30 per cent annual growth, particularly creating  excellent entrepreneurial opportunities for medium-sized construction companies, said Echterhoff at the second CEEC (Central and East European countries) enterprise conference, which was held during Bautec 2008 under the aegis of the German Minister of Economics and Technologies Michael Gloss and was organised by the economics and technologies ministry and the Central Union of... more

Foreign Investors Push Up Bulgarian Property Prices 19/03/2008
As the growth of the property market in Bulgaria begins to build up momentum, property experts within the country have predicted a sharp increase in property prices in 2006. According to the Sophia News Agency, sales prices in prime residential areas in the last six months have been somewhere in the region of €820 to €1,650 per square metre and investors from Europe and further afield are beginning to take advantage of the potential for considerable capital gains. Demand in Bulgaria is currently high for both commercial property and residential property and EU accession in the next couple of years will only add impetus to the already healthy market. With the UK set to complete parliamentary procedure on the ratification of the accession treaties for both Bulgaria and Romania in the... more