Sun, Nov 22 2009
Assen Dobranov: 'The company has already paid the leasing of 44 buses that were purchased, but in the first quarter of 2009 alone, we have amassed a loss exceeding 900 000 leva.
With the airport's new terminal commencing operation in August, local authorities believe it will be a great boost for the local economy, investment and regional development.
Talks about operating the terminal on a concession basis still at an early stage, airport management says.
Plovdiv Airport is meant to become a major international destination, servicing flights from Western and Eastern Europe, Greece, Russia and Ukraine
BTC signs a lucrative 20-year deal with the European Trade Center for 23 000 sq m of office space, making it the largest such deal on the Bulgarian market to date.
The banking sector's inadequate financial policies are responsible for the abysmal state of Bulgaria's construction sector, the Chamber of Bulgarian Constructors claim.
Airport near Pleven receives new air traffic control tower to replace obsolete infrastructure.
New business centre on Tsarigradsko Chaussee begins trading. The 10-storey building is packed with shops and offices.
A new building will house Bourgas municipality equipped with multi-storey car parks and access for the disabled.
The decline of natural gas prices in international markets has contributed to falling values in Bulgaria's domestic market
Hundreds of millions of leva are the estimated losses incurred by the municipality due to alleged unscrupulous business deals perpetrated by Sofiiski Imoti.
The Assenova Fortress will undergo urgent restoration, which will reinforce the walls, support the land prone to erosion underneath it and allow easier access to the complex with a new road leading to it.
Bulgarian Government has decided to allocate five million leva for the expansion of and construction on Plovdiv Airport, Stroitelstvo Gradut weekly reported on December 15. The money will compensate the lost European Union funding frozen by the European Commission. As part of the programme for the modernisation of the airport, undertaken by civilian air traffic agency of the Transport Ministry, the existing terminal is to be expanded in size and capacity, which will happen along with the thorough re-construction and re-installation of the electric supply system, lighting system, as well as the installation of a new water supply network.
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?
Brilliant news.
All we need now are regular direct flights from London, preferably London Gatwick, to Plovdiv. Are there any plans?