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Financial Crisis Forces Bulgaria Landlords into Flexible Rents
The financial crisis has made landlords in Bulgaria much more flexible, enabling clients to sign 3 month rental contracts, according to real estate company Address.According to Address 11% of the rental deals mad...
Experts: Bulgarian property market expects resurgence in 2010
Real estate agency firm Elta Consult claims that the global economic downturn will have a positive effect on the Bulgarian market in 2010, a company media statement said on March 3 2010.The firm predicts that pro...
German Lidl Buys Plus Business in Bulgaria, Romania
German retailer Tengelmann has decided to sell its discount retail chains in Romania and Bulgaria to its rival Lidl, which is part of Germany\'s Schwarz retail group, according to reports.The price of the deal, wh...
Real estate market in 2010 could become more flexible as prices dip further
The industry was not at its healthiest over the past 12 months for understandable reasons, but there are indications that the business outlook may be slightly more convenient for potential buyers and sellers.The ...
Chinese Companies to Build Solar Plant in Bulgaria
Two Chinese companies, Polar Photovoltaics and Wiscom, have proposed to invest USD 7 M to build a 2 MW Photovoltaic plant near Ihtiman, 40 km south from Bulgarian capital Sofia.The two companies and their Bulgari...
Bulgaria Ski Resorts Tempt Russian Property Buyers
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...
Austrian EVN Set to Open Solar Power Plant in Bulgaria
The Austrian company EVN has built a solar power park near Bulgaria\'s southern city of Sliven, the company reports.EVN provides electric power to the Plovdiv Region and southeastern Bulgaria.The investment is EUR...
Boom in real estate deals in Sofia before New Year's Eve
The number of real estate deals in Sofia at the end of the year has doubled because of a new law that from January 1 2010 will ban all real estate payments made in cash, Bulgarian-language Trud daily said on Dece...
Government to raise prices of state-owned land along Bulgaria's Black Sea coast
Prices of state-owned land along Bulgaria\'s Black Sea coast would be increased up to eightfold, Bulgarian daily Dnevnik quoted Deputy Agriculture Minister Georgi Kostov as saying.In early October 2009, the minist...
InvestBulgaria announces the top five investors for 2009
Government investment agency InvestBulgaria has listed the top five investment companies in Bulgaria for 2009, website investor.bg reported on December 7 2009.The companies in the elite group of top investors wer...