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2007/07/31

Bulgarian company ‘Balkan Energy' plans to invest more than 120 million EUR in a 200 MW wind park near the town of Dobrich (North-eastern Bulgaria), Dnevnik informed.
The company already applied for 35-year permit for electricity production. The respond is expected next week.

‘Dobrin' Wind Park is foreseen to be 7,000 sq m and to lie on the territories of Krushari and General Toshevo municipalities (Dobrich region).

The 12-month project is expected to be finished in 2009.

The...

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2007/07/30

The World Youth Championship in class 470 was opened on the premises of Port Bourgas yacht club on July 22.
Competitors earned points for the forthcoming Olympic Games in Beijing.
A total of 164 competitors, divided into 82 teams from 21 countries, took part in the championship.
They were accommodated in the new building of the club, which was opened especially for the occasion.
The event was carried out in two stages – qualifications and finals. The first two boats from each qualification...

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2007/07/30

Bulgaria's tourism industry revenues should double to 5 bln euro over the next six years, says a development strategy for the period through 2013 drafted by Bulgarian Tourist Chamber chairman Tzvetan Tonchev.

Gross tourism revenue is estimated at 2.2 bln euro for 2007. The average tourist will spend 43 euro per day this year, an amount that should reach 70 euro by 2013, according to the strategy submitted for approval by the State Tourism Agency.

Some 60% of tourism revenues are...

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2007/07/30

The investors of Golf Club Ibar near Dolna Banya received a first class investor certificate for their second golf complex, which is to be constructed in very close vicinity to the first one.

The investment project “Golf & Spa Complex Ibar 2” runs up to 106.5 million BGN and is part of a large conception for Dolna Banya economical development.

The golf complex will include golf club, trade centres, sport complex, hotel and spa complex, one-family villas.
The project plans construction...

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2007/07/27

The number of shopping centres outside Sofia is on the rise, Index Imoti reported.

Five such projects have already sprung up in Varna, one of which is under construction.

Plovdiv, Stara Zagora, Rousse, Vidin and Bansko are also planned for their first shopping malls.

In Sofia, retail space in shopping centres rent for 25-55 euro per sq m. In Varna they cost 20-60 euro per sq m, and 9-50 euro per sq m is the monthly price in Plovdiv.

The price of commercial space on the most...

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2007/07/27

The Bulgarian city of Ahtopol, on the Black Sea, has a set up a joint venture with several Italian companies for the construction of a yacht marina.

The Yachtopolis joint venture has already handed the municipal council in Tsarevo, which has jurisdiction over Ahtopol, a letter of intent concerning the project, said Georgi Martinov, one of the company's executive directors.

The Ahtopol municipal administration is ready with the design concept for the marina which will dock 500 yachts and...

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2007/07/27

The ancient Thracian city of Perperikon and the surface tomb of Orpheus near Tatul, in the Rhodope Mountain, will soon be turned into a shooting ground for Hollywood. Supernova, Hollywood Film Company has chosen the area for the set of its new film production. The movie to be shot there soon will be of the rank for an Oscar Film Award.
"This will be a movie for treasure-hunters, beautiful women and corruption," said the film producer Ralitsa Hofstetter in the town of Kardzhali.
Supernova...

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2007/07/26

Long standing plans by Borosport, the company that owns the ski facilities at
Bulgaria’s oldest, largest, and until the arrival of Bansko, best known resort of Borovets, to invest in the ski centre have now been formally announced and approved.

Borosport will spend 35.7 million euros on new ski runs, lifts, snow making and upgrading existing ski areas over the next three years. Much of the money will go on the higher section of the ski area, beginning 300m vertical metres above the original...

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2007/07/26

Pirate's tour 2007 will take place on 5 Bulgarian resort spots on the Black Sea - 5 weekends in July and August.
On the tour people will have the chance to see tricks and cascades never seen before.

The games and demonstrations that will be hold by land and by sea will be accompanied by the sets of famous DJ's like: DJ Marten, DJ Groogemasta, DJ QJumper, DJ Crash and others.

On the events will be presented demonstrations on windsurf, surf, wakeboard, kite surf, ATV, motto cross,...

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2007/07/25

Turkish entrepreneur Sudi Ozkan has just opened a $4 mln casino in Bulgarian city Svilengrad, near the border with Turkey and Greece. The casino occupies a former youth center. The businessman plans to build a hotel to accommodate the casino clientele. Ozkan is a key player in Bulgaria's gambling industry. He owns casinos in Sofia's Princess and Rodina hotels. The Trimontium hotel in Plovdiv is also property of the Turkish businessman.

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