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.
Burgas will apply to become the European Capital of Culture in 2032. As the first step, a foundation is being established to handle the strategy and preparations for the procedure. Its establishment was approved by the municipal council today,..
After her visit to the Kozloduy Nuclear Power Plant, National Assembly Speaker Natalia Kiselova confirmed the ruling coalition's commitment to the development of nuclear energy in Bulgaria. At a briefing in Kozloduy, Natalia Kiselova forecasted that..
Exactly 27 years ago, the first section of the Sofia Metro was put into operation - from "Slivnitsa" to "Konstantin Velichkov". Today, the capital's metro has 52 trains on the first and second lines and 30 on the third. 52 km. of..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
Navigation Maritime Bulgare (Navibulgar) is conducting its own investigation into the case involving the Vezhen ship, announced Navibulgar CEO Captain..
The Bulgarian Union of Balneology and SPA Tourism is organizing a round table on the topic "Bulgaria in Schengen - Challenges and Opportunities for..
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