Plot on Varna Dam Lake - ID 2604

Standstill In Local Tourism Expected 14/05/2008
The number of foreign tourists, who arrived in Bulgaria in 2007 is more than 4 million people, which is growth of 7% compared to the previous year. The incomes from tourism in 2007 are round 11% more compared to 2006, says an analysis of Bulgaria's Center for Economy Development. This way the incomes from visitations reached the sum of 2,3 billion EUR. For 2008 the money are expected to be 3 billion EUR incomes from foreign visits. The tourists are mostly from Romania, Greece, Germany, UK, Sweden and Finland. Despite the increase of the number of tourists from abroad, the tendency of standstill started to rise in local tourism. The reason comes from the overbuilding of seaside and several mountain resorts, low service quality and the shortage of qualified cadres, lack of... more

Greeks To Buy 'carrefour' Project In Bulgaria 18/03/2008
Greek fund for investments in real estate Assos Capital bought the project of trade center ‘Carrefour Tsarigradsko' for about 200 million EUR, money.bg announced. The French chain sells the land and the constructing complex, but will stay in the project as tenant with their own hypermarket. The deal is one of the biggest with property for Bulgarian market. The French company intends to invest in other big projects in Bulgaria. The investment interest of ‘Carrefour' will be directed towards the projects round Central Railway Station about an investment in trade park. more