Agriculture Is The Riskiest Sector For A Fourth Consecutive Year 14/03/2008
A total of 240 Bulgarian companies registered for  bankruptcy last year, which is a 31 per cent mark-up on the previous year, according to the regular report of Coface, a world leading company in credit management. The agriculture and forestry sector heads the ranking, accounting for 22.5 per cent of declared insolvencies. Next comes the retail trade – accounting for 15.83 per cent – and then comes the construction industry with 6.25 per cent. The building sector is among the top three most hazardous industries in Bulgaria. Hence, it's expected  that the number of bankruptcies will rise by 50 per cent in 2008, primarily due to ongoing massive unsound investment in holiday properties along the Black Sea coast and in the mountains, said Kamelia Popova, managing director in Coface.... more

Off-plan Property Investment A Favourite With U.k. Buyers. 19/03/2008
Research carried out by The Homebuyer Show found that more than 90 per cent of experienced investors had either purchased property off-plan or were making plans to do so in the future. While stressing the importance of research and careful decision-making, 70 per cent of these investors "firmly believe that buying off-plan can represent a good investment opportunity in the current market". One of the key advantages of this kind of property investment is that the value of the property can often rise dramatically before the house or apartment is completed. This means that investors can make considerable gains before the keys are even handed over and it is a prospect that clearly appeals to a large number of shrewd Britons. It is a scheme that has particular benefits in emerging... more

Sofia Mall Market To Reach Saturation Soon 27/06/2008
In 2008, entrepreneurs still find commercial and business centres the most appealing projects for investment. But there is a possibility this tendency to change after 2010, when all planned construction is completed, the market in Sofia might become saturated, consultants Arco Real Estate said in a statement. In addition to the four shopping malls, there are a further 18 projects announced. For some of them, the foundations had been already laid, including Bulgaria Mall on Bulgaria boulevard, the CIVIS Centre near Sofia's Central railway station and Olympian mall and tower on Slivnitsa boulevard, among others. The ones still in development include Forum Sofia, which will be located across from Business Park Sofia; Eurogate, a complex in Lyulin district; and DV South Mall complex in... more