Three buildings on the beach in the Black Sea city of Bourgas were demolished by the city hall on May 25 2009 for failing to conform to legal requirements, private national bTV channel said.
The latest rating of the global business consultant AT Kearney indicate that Bulgaria still has positive potential for outsourcing of offices in spite of the economic downturn. It is still an attractive destination, especially in the financial and accounting sectors, maintenance and development of computer systems and databases, client support, research and development and labour intensive services.
Luxury rentals firm Cleves said on May 19 that it launched 18 new apartments with parking spaces in a threemillion euro building on Pimen Zografski Street in the Sofia borough of Izgrev.
Leading Sofiabased consulting firms have reported that perspectives for investments in industrial sites, warehouse complexes and logistics centres in the capital and the surrounding region have in fact quot;improved quot;, because the crisis has had a substantially lesser effect on rent levels compared to other types of business properties.
Investment firm Elana Holding has invested 30 million euro in the construction of a new wind park near the Popsko and Pashkul villages in Ivailovgrad municipality, Ivan Gerginov, the manager of wind electric power central in Popsko WEC Popsko has said. The facility, initially at least, will entail the construction of nine wind generators.