Sat, Nov 21 2009

Alkomet's business partners are Germany, Italy, France, Poland, Austria, Belgium, Denmark and the Czech Republic.
Company to invest 30 million leva and create more than 500 permanent jobs in the region, it says. Ten other stores are under construction nationwide.
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.
A new building will house Bourgas municipality equipped with multi-storey car parks and access for the disabled.
Kavarna has a new trade-administrative complex - Kavarna City Centre, which started operating from January 2009. It had taken a little more than a year for Planex OOD to reconstruct and modernise the otherwise unappealing, communist-era concrete monster of a building in the centre of the town, and subsequently transform it into a modern steel and aluminium-glass structure, which has now become the new administrative and business centre of Kavarna and the surrounding region, Bulgarian weekly Strotelstvo Gradut reported on January 15.
A Government centre will be built on the area near the fourth km of the Tsarigradsko Chaussee Boulevard, known as the Poligona ("the range") neighbourhood, the Cabinet decided at its July 17 session. The land plot, used in the past to house a military unit and its barracks, is state property and is managed by the Bulgarian Defense Ministry. The Government centre would spread on 60ha, Defence Minister Nikolai Tsonev said after the Cabinet meeting, as quoted by Dnevnik daily. The initial plans envisions the construction of administrative buildings, hotels, residences for diplomats and sports centres.
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?