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Articles about Bulgaria

Bulgaria's Agriculture, Tourism Most Resilient to Crisis in 2012
01.30.2012
Bulgaria's Agriculture, Tourism Most Resilient to Crisis in 2012 The negative impact of the reduced economic growth forecast for 2012 in the Eurozone will spill over to sectors that have traditionally remained unscathed, according to Bozhidar Danev, Executive Chair of the Bulgarian Industrial Association (BIA). In a Monday statement, Danev suggested that export-related

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Holders of Schengen visas will be able to visit and stay in Bulgaria without Bulgarian visas ...
01.27.2012
Holders of Schengen visas will be able to visit and stay in Bulgaria without Bulgarian visas Accepting a proposal by the Prime Minister, the Cabinet today decided that until the date of Bulgaria’s full accession to the Schengen zone, Bulgaria unilaterally will apply a visa-free system for holders of valid Schengen visas. With this decision, Bulgaria will apply the S

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Earnst & Young Rank Bulgaria 32nd in Renewable Energy Attractiveness
06.02.2011
Bulgaria has been ranked among the most attractive countries in the world for investments in renewable energy projects, a report from the US auditing and consulting company Ernst & Young showed.   The top three in the ranking are China, the US, and India while Bulgaria is among the top 35, according to the attractiveness indices. This is the first time Bulgaria

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Eurostat: Bulgaria Boasts Cheapest Goods in EU
06.28.2011
  Bulgaria holds the first place in the EU in terms of cheapest consumer goods, and is next to the cheapest location on the continent, according to a Eurostat study released Tuesday.   Bulgaria heads the ranking for average price of goods at 51% of the EU average, with Denmark being the most expensive country at 143% and the UK sitting comfortably in the middl

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Balchik military airport might be turned into a civilian one
08.07.2011
  Bulgarian prime-minister Boyko Borisov to look for a concessioner of the former military airport in Balchik   Bulgarian prime-minister said at the grand opening of the Thracian Cliffs golf course near Kavarna.   Borisov said it is pity that the potential of such facility is not used properly, and a solution for opening it will soon be found.  

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Bulgaria Forecasts 10% Growth in Foreign Tourists' Number
06.06.2011
  The increase of the number of foreign holidaymakers during the summer season is expected to be about 10%, the Minister of Economy, Energy and Tourism, Traicho Traikov, told journalists Saturday.   Traikov says this number is on the rise each year, adding the highest growth so far is expected in 2011. Russian tourists would contribute the most to the increa

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Russian Have Bought Over 200,000 Apartments&Houses in Bulgaria
03.10.2011

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Russians Rescue Bulgaria's Real Estate Market
03.05.2011
  Bulgaria's real state market, which used to benefit from large number of UK buyers before 2008, is now said to realy heavily on Russian buyers for its recovery.   Over 200 000 Russian nationals have bought real estate in Bulgaria, the total cost of the properties they acquitted exceeding USD 1 B, Alex Romanenko, the President of the International Real

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Bulgarian Residential Property Prices Stable
02.20.2011
Residential property prices in Bulgaria have stabilized around the level from last year, while the volume of transactions has begun to increase.   According to the Bulgarian National Radio (BNR), the market is driven by buyers who spend between EUR 45 000 and EUR 65 000 for property, real estate agents said.   Russians are the main players on the

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Bulgarian companies re–registration deadline extended
01.03.2011
The deadline for re-registration of all Bulgarian companies has been extended until the end of 2011.   The Bulgarian parliament voted and accepted the new period for re-registering, which is force from the 28th of December.  Due to the fact that many of the companies have not re-registered the deadline has been extended with one more year.   See why do

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Russian Property Buyers Prefer Bulgaria Most
08.19.2010
Bulgaria ranked 1st in the chart of a Russian website for interest of Russian property buyers abroad for July. According to Prian.ru, in July, 21,55% of all requests for properties were for Bulgaria, while in June the number was a little below 20%.   The website that has been following the interests of Russian property buyers abroad for two years has registered t

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Bulgarian Real Estate Experts Expect Standstill of Prices
08.05.2010
  The prices of real estate in Bulgaria will probably remain at their current level in the next few months, the head of the National Real Estate Association has announced.   At the moment, the average prices for residential properties range between EUR 550 and EUR 1100 per sq.m.   “In the second trimester, the prices for residential properties i

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Bulgarians and Russians are buying small and cheap coastal properties again
07.29.2010
  According to a recent survey carried out by “Dnevnik”, a leading Bulgarian business newspaper, properties that generate interest are those within the price range from 25 to 40 000 Euro. The average sale price per square meter varies in the wide range of 350 to 700 Euro.   Our agency also participated in the survey, and our sales manager, El

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Bulgarien erleichtert Visavergabe für Ukrainer
06.07.2010
Der Außenminister Bulgariens, Nikolaj Mladenow, hat eine Anweisung unterzeichnet, welcher nach ab dem 15. Juni eine vereinfachte Vorgehensweise für die Visavergabe an Bürger der Ukraine, Russlands, Belarus und Moldovas eingeführt wird. Gemäß dem Dokument wird die Prüfung von Visaanträge für Touristengruppen von 30 auf zehn Kal

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PNE Wind AG vereinbart weiteres Joint Venture in Bulgarien
04.20.2010
Cuxhaven - Der Windpark-Projektierer PNE WIND AG baut seine Auslandsaktivitäten in Bulgarien deutlich aus.   Mit der Windpark Dobrudzha OOD wurde die Gründung eines Joint Ventures vereinbart, in das ein bulgarisches Windpark-Projekt mit einer Nennleistung von insgesamt 150 MW eingebracht wird. An der Joint Venture Gesellschaft werden die PNE Wind AG ü

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EVN eröffnete in Bulgarien den größten Photovoltaikpark der EVN Gruppe
03.12.2010
Donnerstag, 20. Mai 2010 Bulgarien: Am 19.05.10 konnte die EVN einen großen Photovoltaikpark in der Nähe des bulgarischen Dorfes Blatets, Gemeinde Sliven in Betrieb nehmen.   Das Sonnenkraftwerk wurde von Naturkraft EOOD errichtet– einem Unternehmen der EVN Gruppe, das Projekte im Bereich erneuerbarer Energie entwickelt.   Insgesamt wurden

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Siemens erhält Auftrag für Kraft-Wärme-Kopplungsanlage aus Bulgarien
02.25.2010
München (aktiencheck.de AG) - Der Technologiekonzern Siemens AG gab am Mittwoch bekannt, dass Siemens Energy aus Bulgarien einen Auftrag für den Bau eines Gas- und Dampfturbinen (GuD)-Kraftwerks mit Fernwärmeauskopplung erhalten hat.   Den Angaben zufolge handelt es sich bei dem Kunden um das österreichische Energie- und Umweltdienstleistungsunte

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Bulgaria Ski Resorts Tempt Russian Property Buyers
01.15.2010
  Bulgarian ski resorts are among European destinations that continue to attract property-buying Russians, despite the economic crisis.   The demand for European property by Russians is steadily increasing despite the economic crisis, Russian media have reported.   According to official data, Russian people are currently the most active foreign buyers o

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Bulgaria's Luxury Properties Construction Unaffected by Crisis
11.30.2009
  Luxuty property construction in Bulgaria has not been affected much by the crisis, according to property experts.   The downturn in the real estate sector in Bulgaria caused by the global economic crisis has not affected the construction of luxury properties in the country.   This opinion has been expressed by entrepreneurs and experts who participate

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Golf – The Great Challenge and Opportunity for Bulgaria
07.29.2009
Bulgaria is a country of extraordinary natural diversity - a rare combination of high, snowy peaks, vast green fields, and golden sandy beaches. This gives anyone visiting Bulgaria the exciting chance to enjoy all kinds of sights and entertainment.   In the past few years, Bulgaria has started to develop as a destination for those who enjoy playing golf. Many expert

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Bulgaria No. 1 Destination for Russian Real Estate Buyers
07.09.2009
Bulgaria is the most popular destination for Russians seeking to buy real estate property abroad. This becomes clear from a report of the DOKI real estate agency, as cited by the BGNES news agency. According to the provided data, 25% of the Russians seeking to acquire property abroad over the last four quarters have chosen Bulgaria.   Thus, Bulgaria tops such popula

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Bulgaria Ranked 4th Top Real Estate Investment Destination Globally
06.23.2009
European real estate website Simplyzigzag.com ranked Bulgaria fourth top property investment destination globally.   Bulgaria has been ranked as the fourth top destination for real estate investments globally in a survey of the properties website Simplyzigzag.de.   The survey has researched the opinion of foreign investors about the most appropriate country f

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Bulgaria property coming back into favour with British buyers
05.20.2009
Bulgaria is becoming more popular with British buyers, according to the first quarter results revealed by major UK portal Property Abroad.com.     Bulgaria grew into one of the most popular destinations during 2006 and stayed in the top group for 2007, but its popularity began to wean when over-supply became a problem in the popular areas.   Now its pop

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Bulgaria Housing Market Favors Buyers but Far Away from Collapse - Report
02.08.2009
The real effects of the financial crisis were first felt by the Bulgarian housing market in the third trimester of 2008, data from a report prepared by the Bulgarian real estate agency "Address" reveals.     During this period housing prices in the country began to go down, reaching a 20% decrease in some areas of Bulgaria's largest cities.  

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Annual tax return
02.13.2009
  Dear Blackseavillas clients, we would like to remind you that the time for the annual submissions is approaching again.   To avoid last minute hectic, this advance notice, allows you enough time to make your decision and to organize the payment for this service, which is offered by our affiliated company PropertyCarebg.com   Also we would like to remi

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Braemar Golf appointment to Thracian Cliffs
12.10.2008
A month after announcing the taking over of the management of the Pravets Golf & SPA, the representatives  of Braemar Golf Development signed a contract with Thracian Ciffs Golf & SPA Resort.   The company based in St. Andrews is going to manage the completion works on the golf course designed by Gary Player and guarantee the course will be ready for pl

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Colliers Bulgaria: Country Business Property Market Relies Only on Inertia
02.03.2009
Colliers Bulgaria: Country Business Property Market Relies Only on Inertia   Only two new shopping malls are going to be completed in Bulgaria in 2009, the consultancy company Colliers Bulgaria reported, citing their latest research. The malls are the "Burgas Plaza" in the Black Sea city of Burgas and "Mall Plovdiv" in Bulgaria's second larges

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Bulgaria Introduces New Cadastral Info E-System
02.02.2009
Bulgaria Introduces New Cadastral Info E-System   A new electronic system for providing information over the cadastre and the property register in Bulgaria has been officially presented Monday. The system is already working in all 28 regional departments of the Cadastre Agency and 113 bureaus of the Registry Agency. The project speeds up striking real estate

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Club House BlackSeaRama - Building of the year 2008
12.17.2008
Club House BlackSeaRama - Building of the year 2008   Endless sea view from the hight of 200 meters towards the magnificent and extremely diverse bay from Cape Kaliakra to Cape Galata of the Black sea - that is BlackSeaRama, the first championship signature golf course in Bulgaria / 18 holes, par 72, lenght of 6648 meters/ and the first completed project of Gary Pla

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Varna Becomes "Bulgaria's Best City to Live in" for Second Year in Row
10.27.2008
Varna Becomes "Bulgaria's Best City to Live in" for Second Year in Row   Bulgaria's Black Sea city of Varna won Monday the competition for "Bulgaria's Best City to Live in", which is organized by the Darik Radio and the 24 Chasa Daily. The Bulgarian "Black Sea capital" won the first place with 276 points total. The country's second

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Romanian property buyers set sights on Bulgaria
09.17.2009
Romanian property buyers set sights on Bulgaria   The property boom that started in Romania a few years ago is moving towards neighbouring Bulgaria where land and home prices are still lower, Romanian newspaper Financiarul reported. Romanian homebuyers are shifting their focus to Bulgaria and are especially interested in the holiday segment, according to the publicati

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Bulgaria's real estate market: Romanians invest in apartments at the seaside
07.25.2008
Dozens of Romanians have bought luxury apartments in famous Bulgarian seaside resorts. With only 75,000 euro the price for a one room apartment in Bucharest, people can buy two for this price in one Bulgarian seaside resort, Golden Sands. Another option in Bulgaria is in Ruse, the closest city to the Romanian border south of Bucharest, where a house is sold with 5,000 euro

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Agricultural land most attractive property in Bulgaria, consultancy firm says
07.21.2008
Nubricks.com quoted a former investor in agricultural land near Bourgas, who bought the property for nine euro a sq m. Two years later, after completing the regulation procedure, the owner sold the plot for 60 euro a sq m to a developer whose intention was to build holiday houses.Holiday resorts and big Bulgarian cities do not seem such an attractive investment opportunity

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Chedi luxury hotel brand coming to Bulgarian golf resort
07.21.2008
GHM, the owner and manager of a hotel portfolio of highly regarded properties such as The Datai and The Setai, said it would open a hotel in Bulgaira under its upscale brand Chedi. The local Chedi hotel will be part of the Thracian Cliffs golf resort near Kavarna on the Black Sea, resort manager Josef Halbherr said.  In addition to the 60-suite boutique hotel, the Ch

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Construction Prices in Bulgaria to Grow 10-15% by End of 2008
07.12.2008
The Chair of the Sofia Chamber of Commerce and Industry Georgi Chernev predicted Friday that the prices of construction services in Bulgaria might grow by 10-15% by the end of the year. As the main factors that would likely drive up the prices, Chernev pointed to the significant growth of the concession prices for the extraction of construction materials since the beginn

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16,6% More Foreign Tourists Visited Bulgaria in January-May 2008
07.12.2008
The Chair of Bulgaria's State Agency for Tourism Aneliya Krushkova announced Friday that the number of foreign tourists visiting the country in the first five months of 2008 has grown 16,6% compared to the same period of 2007. The greatest percentage increases are recorded in the number of Romanians visiting Bulgaria. They are followed by Serbs, Macedonians, and Russians

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Macro Watch Report: Bulgaria with Booming Economy and Record GDP Growth
07.07.2008
A report of the Macro Watch group states that the positive development of the Bulgarian economy was continuing with a record GDP growth, but that the country still faced high-risk macroeconomic factors. The Macro Watch is a group formed by the Open Society Institute - Sofia. It also included experts from three other Sofia-based think tanks - the Center for Economic Devel

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Golf to Improve Bulgaria Tourist Image According to German Press Agency
07.01.2008
Golf clubs and resorts are going to improve Bulgaria's image as tourist destination by offering an alternative to the concrete cities that have been built on the Bulgarian Black Sea Coasts, announced Darik news Tuesday citing the German news agency DPA (Deutsche Press-Agentur GmbH). The article begins with a description of the golf club in Ravno Pole, located 25 km away

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Prices of Bulgaria Real Estate to Grow 15% in 2008 - Report
05.28.2008
The global real estate company ERA has predicted a 15% increase in the prices of real estate properties in Bulgaria in 2008. According to ERA, the number of real estate deals in Bulgaria in 2007 grew between 4% and 5% to reach a total of about 325 000. 25% of the deals were made by foreign buyers. Two-room apartments with an area of about 60 square meters remain the resid

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Sunny Bulgaria - "Jewel of the Balkans"
05.30.2008
Views and Records From Donegal News Well it might not be a very good summer, but it is, nevertheless, summer, and next year's brochures are starting to arrive! One destination that has grown in popularity over the last number of years is Bulgaria. It is now one of the most sought-after destinations from Ireland. Bulgaria is known as the "Jewel of the Bal

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First Golf Course on Black Sea Coast Opens in Bulgaria's Balchik
06.03.2008
The first golf course on the Black Sea was opened Saturday in the Bulgarian sea resort of Balchik north of the city of Varna. The BlackSeaRama complex is worth EUR 103 M, and is located on an area of 1000 decares. It is the second professional golf course in Bulgaria, and currently has nine holes, with nine more expected to be added. The complex also includes sever

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Bulgaria Ranks Among Top 10 Reformers According to World Bank
06.05.2008
Bulgaria was officially accepted in the "Reformers' Club of the World Bank" at an official ceremony held in New York Thursday, as announced by the Bulgarian National Radio and other media sources. The club's membership includes countries that have made serious changes in the course of the last few years in order to facilitate business. According to a rese

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S&P Confirms Bulgaria Credit Rating
06.06.2008
The credit rating agency of Standard & Poor's (S&P)confirmed today the long-term rating of Bulgaria as 'BBB+' и and the short-term as 'A-2'. The prospective is stable according to the evaluation of the Bulgarian Finance Ministry. According to Standard & Poor's credit analysts, the rating acknowledges the government's serious attempt to coordi

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US Inventors in Bulgaria to Pay Lower Taxes
06.10.2008
US companies and US individuals investing in Bulgaria will soon pay lower taxes for doing business in the country as announced on the official internet site of one of the major Bulgarian daily newspapers "Standard". The tax reduction is included in the agreement between Bulgaria and the USA for avoiding dual taxation. US President George W. Bush has sent a le

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Bulgaria to Promote Spa and Wellness Tourism
06.13.2008
The State Tourist Agency is preparing a strategy for the development of spa and wellness tourism in Bulgaria. The strategy was announced by the Agency's Chair Anelia Kruchkova at the First Specialized Business Forum dedicated to Spa and Wellness. The forum is held in the sea resort "Albena" and is organized by the National Spa and Wellness Association wit

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World Bank: Bulgaria Shows Strong Economic Growth
06.20.2008
Bulgaria registers strong economic growth as data from the last World Bank report reveals, with the country taking one of the top places among the 10 new European Union members. The World Bank expects that this ranking would remain constant. Overall the 10 countries are adapting relatively well to the global finance crisis, the increasing of consumer goods prices,

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Bulgaria's Varna to Host Biggest Exhibit on Water
06.20.2008
The biggest exhibit on water in Bulgaria, Bulgaria Boat Show is officially opening Thursday evening at the seaport of the country's sea capital Varna. The yacht exhibit will take place June 6 to the 8 and will present over 50 new yacht models. 20 of them will be on the water while the remaining will be showcased on land. The expensive yachts will be displayed on an are

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Five Europe destinations that won't kill your budget
06.20.2008
Yes, it's true:  Europe airfare prices are outrageous this summer and the dollar is being beaten to a pulp by the euro. Fortunately, there are still a few places that offer American travelers good value. After crunching the numbers on airfare, hotel, and activity prices, I've come up with a list of five places that are both fascinating and reasonably affordable if no

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Varna Airport With Regular Flights to 24 Destinations
06.20.2008
Varna airport had serviced over 185,000 people since the year started until May. This is 8% growth compared to the last period last year, informed from the airport administration. The bigger possibilities for traveling are the low-cost air companies. There are many flights to the Denmark and the German capitals - Copenhagen and Berlin and also to Dusseldorf and

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Investment Fund to Achieve Maximum Farming Effectiveness in Bulgaria
06.25.2008
The Agricultural Investment Fund "Ceres', one of the biggest investors in agricultural land s in Bulgaria has invested just in 2008, BGN 2 M in farming machinery and plans to invest at least this amount in 2009, according to the company's pres release Tuesday. The Investment Fund has the goal to accelerate its farming business, which is located mainly in Northern

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Golf Resort Complex for EUR 500 M to Be Built in Bulgaria's Straldzha
06.26.2008
A new golf and resort complex for EUR 500 M called "Wild Rose" will be constructed close to the town of Straldzha in southeast Bugaria. The huge resort complex will be able to accommodate about 20 000 visitors. According to the investor Solas Nua Ltd from the UK, Wild Rose would be the largest entertainment resort in Bulgaria. The complex will include two

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Bulgaria's Varna to Relocate Old Port
06.26.2008
The local administration in Varna received Wednesday the official green light to move the old city port to a new location in the Varna Lake, with a decision voted unanimously by the Municipal Councilmen. The Varna Municipality would take upon itself the task to accelerate the adoption of the new general urban plan and to organize together with the Ministry of Regional

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