Three Plots On The Seaside - ID 2275

Fdi In Real Estate Drying Out 21/06/2008
Foreign direct investments into real estate has been losing momentum in the first quarter of 2008, the Bulgarian National Bank (BNB) said in a report covering the January-March period. Investments worth 333.4 million euro in January-March is the lowest quarterly figure reported for the past two years, the BNB report noted. Experts ascribed flagging interest to the global financial crisis and the restricted and more expensive financial resource. The first signs of the slowdown appeared late last year when a score of investors started backing out from medium and large-scale projects. According to realtors in Bulgaria, the summer season will be sluggish because of the ongoing European Championship and the forthcoming Olympics. Yet forecasts are that the market invigorates and exits the... more

Local Btc Invests 110 Million Eur In 2008 28/03/2008
Bulgarian Telecommunications Company owned by AIG insurer informed that will invest 110 million EUR in 2008. The sum will be used for improvement of its services and expand of the broadband network, Reuters informed. BTC Chief Executive Officer Bernard Moscheni told media that the company will invest a 20% share of the total revenue of BTC in upgrading the network and services. Last year BTC's revenue was 970,7 million BGN (485 million EUR). more