Jun 30 2009 14:39 CET
by Nick Iliev
The project will be financed by the Bulgarian Bank for Development, and the Joint European Support for Sustainable Investment in City Areas, or Jessica Programme, although the report has so far failed to reveal the total cost of the vast enterprise.
Jun 29 2009 10:56 CET
by Nick Iliev
3 comments
The strategic plan envisages the conservation of the nature "for decades ahead", and it was formulated by a municipal team headed by professor Ivan Nikiforov, backed by Prime Minister Sergei Stanishev.
Jun 26 2009 11:47 CET
by Nick Iliev
Once the overhaul and reconstruction of the Sofia–Vidin line is complete, it will cut travel time to three hours, as the train will be able to reach speeds of up to 160 km/h, shortening the journey to three hours.
Jun 24 2009 14:25 CET
by Nick Iliev
3 comments
Marriott however has made it clear that is not interested in investing in construction, but rather to occupy and manage existing buildings. Its strategy is to obtain management contracts.
Jun 23 2009 14:11 CET
by Nick Iliev
1 comment
Investors realise that it’s not viable to have a building remaining empty over the course of a year – so it's better for them to employ more flexibility to offset that loss.
Jun 22 2009 14:48 CET
by Nick Iliev
Blackwater Homes, a Cork-based firm which has constructed several housing developments in the south of Ireland, and is currently promoting a 354-flat complex in the Black Sea coast in Bulgaria, including a spa and a hotel, has filed for bankruptcy protection
Jun 19 2009 14:12 CET
by Nick Iliev
8 comments
A combination of bad circumstances, poor management and rampant corruption, particularly from the British-based and British-run company, Bulgarian Development UK, is to blame.
Jun 17 2009 11:35 CET
by Dnevnik.bg
Nearly 20-30 per cent of offices across the country stay empty. The variety of promotions launched by sellers also fails to steady the segment