Bulgaria's FDI tumbles in Jan-Nov 2010
Foreign direct investment (FDI) in Bulgaria came in at EUR 895 million for the first 11 months of 2010, recording a sharp fall compared with a year earlier, preliminary data of

Over BGN 2m EU projects to get first-class investor status
EU-financed projects worth more than BGN 2 million should be considered first-class investments, a move that would double the speed of administrative servicing, according to

Property investors bide their time for dirty cheap offers
Real estate investors are unlikely to come back to the Bulgarian market before prices fall to substantially low levels, real estate consultants Forton International forecast in

Bulgarian investors finish few business properties
New-built business properties have increased by a small number in first-half 2008 but a flurry of others should enter the market over the next two years, showed a survey of

Resort hotels facing piecemeal disposal
The owners of some hotels on the Bulgarian Black Sea coast are revamping them into holiday home properties as concerns mount about the outlook for domestic real estate

Winslow Developments to start construction of residential complex in Sofia
Property developer Winslow Developments said it will start work on a residential community in Sofia's Manastirski Livadi district after its local subsidiary Limex City secured the

Winslow Developments and Deutsche Bank team up for a Bankya residential project
Property developer Winslow Developments and RREEF, the real estate investment arm of Deutsche Asset Management, the global investment management business of Deutsche Bank, have

Roca Group becomes leader in the Russian Bathroom Products market
Roca Group has become market leader in the Russian market of Bathroom Products by acquiring the biggest Company of sanitary ware in the Russian Federation. Roca was already

Winslow Gardens development lands top investor certificate
Winslow Gardens, a gated residential development in Bulgarian capital Sofia, will be granted Friday a First Class Investor certificate by the local investment promotion authority.

FairPlay Properties to invest 50 mln levs in Panichishte project
Real estate investment company FairPlay International will invest 50 mln levs in a vacation complex in ski resort Panichishte, in Bulgaria's Rila mountain, the company said in a

Austria's Cuubuus to build retail center in Ruse
Austrian property developer Gruppe Cuubuus plans to invest 150-160 mln euro in a multi-phase project for a retail and entertainment center in Bulgarian city Ruse, said a company

Over 150 participants in first edition of Balkan property exhibition
Over 150 companies from around the world have registered for participation in the inaugural edition of Balkan property exhibition BalPex, said Nadezhda Riashi, commercial director

Devnya cement mill owner reports Q1 2007 results
Italian cement producer Italcementi Group, which owns the Devnya Tsiment mill in Bulgaria, said consolidated revenues rose 9.9% to 1.418 bln euro in Q1. Double-digit revenue

Glavbolgarstroy to invest 30 mln euro in holiday developments
Glavbolgarstroy (GBS), one of Bulgaria's biggest construction companies, said it has budgeted some 30 mln euro for investment in and tourist facilities over the next 3 years. The

Terra Tour Service to invest 71 mln levs in Pravets golf resort
Local company Terra Tour Service has announced plans to invest 71.8 mln levs in a golf resort near the city of Pravets, Northern Bulgaria. The project will be granted a First

Roca Bulgaria to build new ceramic tile factory in Kaspichan
Roca Bulgaria, part of Roca Group, said it plans to invest 30 mln levs in a new production facility for sanitary ware in Kaspichan, North-eastern Bulgaria. Together with the Roca

Spain's Urbas buys 12 ha plot in Sofia
Spanish property developer Urbas Thursday informed the CNMV, Spain's stock market commission, of the 60 mln euro acquisition of a plot of land covering 120,000 sq m in the center

Macedonia, Albania and Bulgaria sign Balkan pipeline agreement
Regional Development Minister Assen Gagauzov, Macedonian economy minister Vera Rafajlovska and Albanian economy minister Genc Ruli signed on January 31 an agreement for the

Bulgarian Euromarket Group to invest 20 mln levs in 2007
Euromarket Group, the local vendor of power tools and construction equipment, said it has budgeted 20 mln levs for investment operations in 2007. The investment resource will be

Lewis Charles fund buys two plots in Plovdiv
Lewis Charles Sofia Property, the Bulgarian residential property investment fund, said in a press release quoted by news agency Dow Jones that it has made two further major