Sofia City Hall To Woo Hightech Firms, Chief Architect Says 17/04/2008
Sofia city hall to woo high-tech firms, chief architect says Sofia city hall plans to woo high-tech companies by offering a number of incentives, including real estate, the city's chief architect Petar Dikov said at the Balkan Real Estate conference (BalREc) in Sofia on April 15. "We already have several initiatives in mind on how to draw companies using advanced technologies to the city, which include issuing construction permits," Dikov said, as quoted by Dnevnik daily. The initiatives are part of the wider plan for the economic development of the city, along with efforts to improve infrastructure in the city. Sofia plans to expand its metro network and build five big underground parking lots to ease traffic congestion in the city and "turn the city centre from a chaotic... more

Investments In Bulgaria Direct Towards Energetics In 2008 21/04/2008
According to yearly inquiry of National Statistic Institute (NSI), researching the investment plans of industry in 2008, a common nominal increasing of 1.4 % is expected during this year, compared to 2007. The inquiry is representative for the country as the observed enterprises form 90% of the industry yearly turnover. The share of private sector reaches 78.7% of the common capacity for 2008. The industry investments dynamics for 2008 points big differences between private and public sector. The private sector's managers preview 3.5% less investments than the made in 2007, as the public sector expects rise with 24.6%. The biggest relative share (38.8%) of the expected investments for 2008 goes to the energetic and water plants branches, second in previewed amount of investments... more

barbies Band To Rediscover Bulgaria 25/03/2008
Bulgaria's property market is 85 per cent foreign investment-driven and has been experiencing an outflow of British and Irish buyers lately, but the predictions of some pundits for a re-advent of British buyers could still be proven right, as UK investors have not lost their zest for investing in property abroad. Despite the credit crunch experienced by Britain, investors who Buy Abroad and Rent in Britain (hence the Barb-ies abbreviation) have been very active on emerging markets as of late, The Daily Telegraph reported on March 22. Typically, Barbies are young, first-time buyers who can't afford to get on to the first rung of the British real estate ladder, so turn to another country where properties are more affordable, the British daily said. “Priced out of the British... more