Bulgaria Opens Summer Tourist Season On May 9 15/04/2008
The summer tourist season would be officially opened on May 9, State Agency for Tourism head Anelia Kroushkova said on April 14. "An increasing number of hotel owners are looking to open for business as early as possible to take advantage of the warm weather," Kroushkova told Focus news agency. With May 1 and May 9 being official holidays in Russia, Bulgarian hotels are targeting Russian tourists at the start of the season. "We should make sure that we attract Russian [tourist] as early as May, because they have the money and also several days off in a row," Kroushkova said. Romanians, Macedonians and Serbs are also expected to flock to Bulgaria's Black Sea resorts, she added. The official opening would be held in St. Konstantin and Elena resort, which would celebrate its 100... more

New Control Tower At Sofia Airport By 2011 26/08/2008
The new control tower of Sofia airport must be ready in 2010 or no later than 2011, the Director of RVD (Administration of Air Traffic) Emanuil Radev announced.On August 4 a jury of 15 members has chosen a project for the flight tower at an open anonymous competition. First place takes the project of "Arhitektonika studio" OOD which will receive the sum of 20,000 levs.The choice of consultant and executors is forthcoming. The contract with the consultant is expected to be signed by the end of August. The executors must selected by the beginning of 2009.The engineering execution of the project will cost 177,000 levs, while the construction, according to preliminary calculations - at least 5-6 million levs. Taxes for the aero-navigational service are expected to decrease by 4-4,5... more

The Russians Are Coming...the Russians Are Coming 14/03/2008
The Russian appetite for foreign real estate is still in its infancy, particularly compared to the overseas buying frenzy among the British. Yet there is every sign that Russian buyers are on the move, aided by a flourishing domestic economy and an ever-widening choice of overseas bargains. Russians started to buy real estate abroad about a decade ago, beginning in Spain and Cyprus. About five years ago, somewhat tentatively at first, they gravitated towards Bulgaria. Over the few years, however, Bulgaria has been one of three leading target countries for Russians. During 2007 Bulgaria became the unequivocal favoured destination for Russian buyers, attracting 23 per cent of those who decided to buy abroad, followed by Montenegro (17 per cent), Spain (16 per cent) and others (10 per... more