Sat, Nov 21 2009
The facility has been rented out by pharmaceutical retail company Higia EAD. Construction has started in February 2009 and is expected to end by the end of the year.
The vast logistical facility, complete with an administrative centre, freight procession, a bank and office spaces will be in operation by the end of the year.
Four million euro logistical, administrative and storage centre on the Sofia - Varna motorway near Sevlievo is nearly complete
After being put on hold in September 2008, the refurbishment of numerous Bulgarian roads is set to start up again.
The banking sector's inadequate financial policies are responsible for the abysmal state of Bulgaria's construction sector, the Chamber of Bulgarian Constructors claim.
New business centre on Tsarigradsko Chaussee begins trading. The 10-storey building is packed with shops and offices.
New terminal, augmented infrastructure, new electric and lighting system and new water supply and disposal network for the Plovdiv Airport – the total cost has soared by 15 million leva since December 15 2008.
The conflagration takes four hours to reduce the hotel to embers. Given the scale of the disaster, it is a miracle that no one is even slightly injured. Survivors claim it was caused by a short circuit, others believe it was done for the insurance.
A modern condominium equipped with a private beach, spa, bar and an outdoor swimming pool will be built on the north tip of the Zlatni Pyasutsi (Golden Sands) resort in Varna.
Hundreds of millions of leva are the estimated losses incurred by the municipality due to alleged unscrupulous business deals perpetrated by Sofiiski Imoti.
Rollplast will expand its capacity five fold and increase production three fold, employing more than 700 people. It also aims to expand in Romania, Serbia and Macedonia.
Developer GTC wants Galeria Rousse to become the largest shopping mall in the town on the Danube River
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Over the course of a year, from one of the leaders in Europe in new construction, Bulgaria became one of the countries currently quagmired at the bottom of the table and was now amongst the three worst hit countries, along with Romania and Slovenia.
The park is posed to act as an economic stimulant in the region, creating a modern infrastructural base for companies. It is set for completion by Q3 of 2010.
Both retailers target at least 50 outlets in Bulgaria by the end of 2010.
When will Bulgaria’s real estate and construction sector recover?