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2007/10/12

A warm mist floats over the thermal spring at Rupite, a shallow pool in a flower-filled park in southern Bulgaria. The spring has long been associated with Vanga, a 20th century spiritualist who claimed the area had a special energy that contributed to her powers of prophecy.

The spring, which bubbles up at a temperature of 76 degrees Celsius, forms the crater of an extinct volcano, and is one of some 900 mineral water sources that could turn Bulgaria into a popular destination for health and...

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2007/10/11

Unlike most regions in Bulgaria, which, slowly but surely are emerging out of anonymity to make their mark on Europe’s tourist map, the northwestern parts of the country continues to be terra incognita not only to foreign tourists, but to many a Bulgarian too. Here, only half an hour’s drive from the capital Sofia, one finds himself in the midst of formidable rock formations, so much like fantastic figures of humans and animals. The Iskar River meanders at their feet.

The Iskar River...

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2007/10/10

ECE Projektmanagement, the European market leader for shopping centers, is developing a first-class shopping center in Varna.

With its more than 54,000 sq. m of leasable area, more than 220 high-quality shops, and approx. 2,300 parking lots, the Cherno More Park will create an attractive shopping location in the strongly growing town at the Black Sea coast. The total investment volume of Cherno More Park is 150 mln EUR.

The completion is planned for 2010. Cherno More Park will be located...

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2007/10/10

Small towns and villages in Bulgaria in which mineral springs are to be found, are already catching the eye of the investors.
Unknown until very recently names on the geographic map of Bulgaria are making the front pages of the national daily newspapers as objects of concentration of business interests.

This tendency is new, but will gain strength as it offers an alternative after the "concreting Bulgarian Black Sea coast took place, real estate brokers say.
The development of the SPA...

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2007/10/09

Bulgaria had to spend more efforts in advertising itself online, Anelia Kroushkova, head of the State Agency for Tourism (SAT) told reporters on September 27. This was the same day that the United Nations World Tourist Organisation celebrated World Tourism Day.

More than one third, 34 per cent, of the tourists who visited Bulgaria over the first eight months of 2007 learnt about the country from the internet, research by SAT showed. According to Kroushkova, the percentage showed that the...

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2007/10/09

A golf course with holiday village and hotel will be constructed at the place of Pravets hotel complex in the town.
The project will take 71 million EUR investments. It is expected to be completed by 2010.

Investor of the project is Terra Tour Service, which is managed by Vassil Zlatev – ex mayor of Pravets and father of Valentin Zlatev, who is director of Lukoil Bulgaria.

The first stage of “Pravets Golf Resort & Country Club” plans construction of golf and hotel complex over an area...

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2007/10/09

The Super Borovets project starts with the construction of a cable car to the region of Markudjitsite for fifteen million euros

In three years' time Sofia citizens will need only thirty-five minutes to reach the ski runs in the winter resort of Borovets, because this is the deadline for the construction of the Rila Highway, which will connect Sofia with the town of Samokov.
"The Ministry of Regional Development and Public Works has already commissioned experts to work out the project...

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2007/10/08

Bulgaria's State Tourism Agency will exhibit one of the country's world-famous gold treasures dating back to Thracian times in Brussels on Monday next week.

The tourism agency will use the awarding ceremony of MEPs for their contribution to the outgoing political year to show an exact replica of the Panagyurishte gold treasure.

The exhibition will reveal the virtuosity of ancient goldsmiths, who have reached the pinnacle of arts. The artefacts - witnesses to a particularly brilliant...

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2007/10/08

The much-anticipated expansion of Bulgarian ski resort Borovets, dubbed the Super Borovets project, is set to finally get underway on Monday with the ground-breaking ceremony for a lift connecting the city of Samokov with the Markudjik ski runs.

The Super Borovets concept has been tweaked to avoid the mass-marketing of the resort as a destination of second homes and ski runs, said Georgi Krumov, managing partner at key investor Equest and executive director of Rila-Samokov 2004 AD, the...

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2007/10/05

The local Hotel Investment company has launched a new hotel in Varna, on the Black Sea, which will target affluent Western travellers. The Internet-ready Modus hotel has 35 rooms and a 30-seat conference room. Hotel Investment said it will manage the 1.5 mln euro hotel but did not rule out the possibility that it may join one of the international hotel chains that have entered the Bulgarian market. Hotel Investment said it plans to add over the medium-term more hotels under the Modus brand with...

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