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.
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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