Bulgaria In Foreign Press: Friendly And Cheap - Sophia Echo 19/06/2008
Bulgaria was becoming increasingly popular destination “for curious Brits”, the Sunday Sun newspaper, which covers the north-east of England, reported. “Affordable, welcoming and varied in the scale of activities on offer for beach bums, skiers and all types in between, it [Bulgaria] is attracting holiday-makers and investors by the plane-load,” the newspaper said. Bulgaria had a ‘blooming’ real estate market for holiday property and was a ‘burgeoning golf scene’. While describing her experience at Golden Sands coastal resorts, author Vicky Anderson notes that the prices were “so ludicrously cheap” that she “actually felt guilty”. “Wherever you go along the coast, fresh fish is available in abundance, in more shapes, sizes and species than a cod- reared Brit could dream of,” the... more

Construction On Bulgarias Tallest Building To Begin Soon 26/04/2008
ECE Projectmanagement Bulgaria, the Bulgarian arm of German developer ECE, will shortly launch construction on its 40-storey Europe Tower, company manager Plamen Ilchev told Mediapool.bg. The 180m building, to be erected in Sofia, will be the highest in Bulgaria and is due for completion in 2010. The investor, however, is yet to find a contractor to implement the project. The building will form part of a large-scale mixed-purpose complex named Europe Park Sofia. Containing office, retail and residential space, it will be built in two phases and on the land of former forklift maker Balkancar Sredets. ECE Projectmanagement Bulgaria is the lead investor in the 500 million euro complex. Other investors are Advance Properties, Balkancar Sredets and GTM Angel Balevski. ECE... more

Bulgaria The Thirdmost Attractive Fdi Destination In See E Amp;y 26/04/2008
Bulgaria is the third most-attractive destination for foreign investments in Southeastern Europe after Turkey and Romania, according to the Southeast Europe Attractiveness Survey 2008, compiled by the independent market researcher CSA at the request of Ernst & Young and released on April 24. The survey draws on the answers of more than 200 top executives investing worldwide and their appraisal of criteria such as telecommunications infrastructure, quality of life, access to financial investors, transport and logistics infrastructure and social climate. More than 68 per cent of respondents believe Bulgaria’s attractiveness to foreign investors would improve, E&Y said in a news release. Respondents also identified some challenges facing Bulgaria. These included the transition toward... more