First Investment Bank sold to the real estate company Soravia 40% of the land of the former metallurgical plant Kremikovtsi. The CEO of Fibank Nedelcho Nedelchev announced that the Austrian company paid nearly EUR 39 million for 3.08 square kilometers of land. Soravia acquired the asset, in order to meet the demand of its clients of land in Sofia that will be used for development of new, modern, high-tech and environmentally friendly manufacture, Nedelcho Nedelchev added. Closed industrial areas in such proportions, situated in close proximity to a megacity, are unique for the EU. The existing industrial infrastructure, the excellent transport links and the size make the plot attractive for large-scale, industrial and logistic development, the investors contend.
GERB leader Boyko Borisov has told the media that he personally participated in talks with American representatives on the lifting of the Magnitsky sanctions against Bulgarian citizens. He said that he also spoke on the subject with David Cameron while..
On Thursday minimum temperatures will range between 6 and 11° C., for Sofia around 8° C. During the day the weather will continue cloudy and rainy. The rain will be more significant in Eastern Bulgaria, and in the afternoon – in Central Bulgaria...
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
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