Agricultural land in Bulgaria has more than doubled in price, or by 108.7%, for the past 7 years, according to data of the National Statistical Institute. In 2016, the average price per decare of land was 386 EUR and last year it was 803 EUR.
Fields in the south-western region of the country marked the biggest price rise - more than 202% for 7 years. The reason is the sharp increase in the price of agricultural land in the region of Sofia. Second when it comes to price rise for the past 7 years is the north-western region with a rise of 117%. The price of land in Dobrudzha rose by 113% and the decare there costs EUR 1,820.
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a..
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