Property in Bulgaria

Sep 15, 2008 at 11:53 o\clock

In Shumen were sold municipal property and land totaling 808 000 leva.

"Only for a day we did profitable transactions for over 800 000 leva" said a headline in the leading newspaper "Shoumen zarya" mayor of Shumen Krasimir Kostov.

In Shoumen were sold municipal property and land totaling 808 000 leva. According to the Shoumen's mayor Krasimir Kostov, who is very satisfied.


The biggest deal is 460 000 leva to the site of 3 hectares at the old rendering plant, sold by the company "Primeks.


About 275 000 leva has sold the right of construction with building a developed area of 135 square to the old court, a buyer is an individual.

Only 73 000 against the euro Company NV Formula plus "became the new owner of the property of st." Sofia road.

The Shoumen company Tesy bought a car park for 1 250 000 leva which became the biggest investor for the municipality.

As the successor company of Ficosota, Tesy won the competition for the municipal parking lot too. Astra Center, has given the price fixed by the Municipal Council. Moreover, it was the only participant in the competition.

This money is only the beginning of the implementation of the investment company wants to build a parking place MOL and with a minimum of 70 seats and draft a pedestrian overpass connecting the area south of Blvd. "Simeon the Great" by Kooperativniya market.

The mayor of the town Mr. Kostov believes these sales, which Shumen municipality has been able to realise only for a day, as a good indicator that investment activity in Shumen is high and interest in cities is obvious.

Jul 8, 2008 at 11:06 o\clock

British MI5 counterintelligence services stopped attempt of murder of Russian political dissident

British MI5 counterintelligence services stopped attempt of murder of Russian political dissident Boris Berezovsky during the past summer, reported BBC, referring to a senior British official.

The oligarh is one of the most frenziest opponents of the administration of Vladimir Putin.

According to BBC, the case with Berezovski once again shows the continued readiness of the Russian intelligence services to conduct punitive operations against opponents of the Russian system.

"Absolutely we believe that the case for the poisoning of Litvinenko has been with state interference," declared high ranked British officer.

It is recalled that former Russian KGB agent Alexander Litvinenko died after poisoning with radioactive Polonium 210 in November 2006.

His death and today remains the mystery, as the most shocking version is that behind his death is the former Russian president Vladimir Putin.

In June last year, widow of Alexander Litvinenko Marina has again accused the Russian authorities and former KGB agent Andrei Lugovoy for the death of her husband.

Jul 7, 2008 at 13:32 o\clock

Bulgarian economics - fast overview

Bulgaria ranks on 44 -th position in the ranking of Forbes magazine for the best countries for doing business in the 2008 total of 120 countries .

Our country notes strong growth of 1996 here,the changes of governments show determination to economic changes and for tax planning, though not currently able to manage the growing inflation and large current account deficit, notes the publication.

Bulgaria attracts significant value in foreign direct investment since 2004, but corruption, the judiciary and organised crime remain major challenges still writes Forbes.

The best part of the business done in the world is Denmark, according to the third row in an annual ranking of the publication, in the construction of which analyzes the business climate in each of the 120 economies covered with a focus on the degree of personal freedom (the right to participate in free and fair elections, freedom of expression, etc.)..

The degree of investor protection and corruption, and policy regarding free trade and low inflation are the main factors considered by Forbes.

Nov 21, 2007 at 12:49 o\clock

About Varna and nearby cities

Varna is the second most important economic centre for Bulgaria after Sofia and one of the major hubs for the Black Sea region.
The economy is service-based, with 61% of net revenue generated in trade and tourism, 16% in manufacturing, 14% in transportation and communications, and 6% in construction. The city is the easternmost destination of Pan-European transport corridor 8 and is connected to corridors 7 and 9 via Rousse. Major industries traditionally include transportation, Port of Varna, Varna International Airport), distribution (Logistics Park Varna ), shipbuilding, ship repair, and other marine industries (see also Oceanic-Creations). Other links: House properties in Varna , Varna.

The municipality Byala is located in Varna in the central part of the Bulgarian Black Sea coast. The most important components of the natural wealth of Byala are the sea and its coast, as well as the mountain with its forest and other resources. These factors are prerequisites for tourism development.

Avren municipality is located in North-East Bulgaria at the Black sea coast in Varna District. The Municipality consists of 17 cities and villages. The regional center of Avren municipality is village of Avren Avren municipality has an outlet on the Black Sea - a 10 km coastal strip covering the Kamchia resort complex.
The economic sectors are agriculture and tourism. The existing 49 sq.km hectares of recreational forests and 16 sq.km of hunting grounds is also of vital importance. There has been considerable investment interest. By 2007 4- and 5-star hotels, a golf course property in bulgaria and a horse-riding club are planned to be built as part of the complex. A major investment contribution in the resort belongs to the city of Moscow.

Balchik municipality is located in North-East Bulgaria in Dobrich District. It is a Black Sea municipality, a resort center and a popular tourist destination. There are 2 ports in the Municipality - Cargo berth and Yacht marine.
Tourism in the Municipality is developed mainly by Albena property, as well as by numerous private companies and rest homes in Balchik and Kranevo. There are approximately 22,000 beds available for accommodation in private homes, summer houses, rest homes and resort complexes of Balchik municipality. Albena property and resort complex is one of the most beautiful resorts on the Bulgarian Black Sea coast. The Touzlata sanatorium resort complex with the curative mud and salt-water lake is another potential site for investments.


To the north and south of Burgas one can visit numerous holiday complexes and villages which offer wonderful conditions for vacation and relaxation – Nesebar, Sunny Beach property and others. All of them are connected by a panoramic seaside road. Archeological, architectural and historic monuments in the region are favorable for development of cultural tourism. The Old Nesebar is a unique monument of culture and is inscribed on the UNESCO World Heritage List. In the Strandzha Mountains can be seen some of the most ancient structures made by humans – the dolmens. Thracian mounds, ancient Greek poleis, remains of ancient and medieval fortresses have been found here.

Kavarna is a small port town which has a broad outlet on the Black Sea to the Eastern and Southern sides. The coast is varied and there are cliffs combined with beaches and abrasive formations such as caves, fissures, etc. The area lacks surface running water and irrigation is most valuable. There is a steep cape called Kaliakra near the town, famous for the romantic legend about forty ‘maidens’ committing suicide in the name of Christianity. It is also famous for the caves - once the habitat of the extremely rare Black Sea monk seal.