Thu, Nov 05 2009

Yet plans to renovate the stadium in Bulgaria's third-largest city seem to have been pushed under the carpet.
Plovdiv Airport is meant to become a major international destination, servicing flights from Western and Eastern Europe, Greece, Russia and Ukraine
Eight properties put up for auction by the Defence Ministry cause friction with Plovdiv University
Students from five institutions of higher education met on February 10 to formulate a statement to the Government asking for improved learning conditions.
With its 423 new rubbish containers, Plovdiv states its resolve to not fall into the same situation that Bulgaria's capital, Sofia, finds itself – one of overflowing dirtiness
The company is planning to open four more stores in Plovdiv, for a total investment of 15 million leva, thus securing 400 new jobs.
Despite frightening forecasts for the Bulgarian property market due to its stagnation that began several months ago, prices in Plovdiv have not gone down, brokers from real estate agency Europolis have said in a media statement. Europolis presented its annual analysis, indicating that the global financial crisis has not affected the local property market, whose segments registered a total growth from 15 to 20 per cent in comparison with 2007. Prices remained high and the only "deviation from the norm" was the significantly lower number of sold office spaces, the statement said.
Plovdiv's architectural studio Arkont-A won the tender called to pick a design for the renovation of the city's central railway station, mediapool.bg reported. The National Railway Infrastructure Company (NRIC) has said, as quoted by Dnevnik daily, that the investor selected to do the renovation will also be granted building permission for additional construction in the area as compensation.
Office rent transactions peaked at 65 000 sq m between July and September 2008, but collapsed to 10 700 sq m in Q3 2009, Forton manager Sergei Koinov said.
Most potential buyers are now opting to buy a luxury flat in the range of 120 000 to 150 000 euro or a single family home for about 500 000 euro.
About 30 000 to 35 000 people employed in the construction sector were facing redundancies in 2010, Bulgaria's Regional Development Minister Rossen Plevneliev said on October 26.
Average market prices of housing in Bulgaria dropped five per cent in July-September, measured quarter-on-quarter, the National Statistical Institute said on October 23 2009.
The European Investment Bank (EIB) has released a 43.5 million euro loan to Sofia Municipality, for infrastructure projects worth 88.1 million euro in total