Month: December 2007

Bulgaria oil refinery to boost production

Bulgarian refinery Neftochim Burgas, controlled by Russia's LUKOIL plans to boost crude oil processing up to 7.3 million tonnes this year, from 7.05 million in 2007. LUKOIL, which has a majority stake in Bulgaria

US Investments in Bulgaria over $1 billion in 2007

The US rank higher and higher in the list of countries with most investments in Bulgaria totalling over $1 Billion for 2007, according to the President of the American Chamber of Commerce. He commented on the positive economic relations between the US and Bulgaria and was optimistic about future opportunities. The US investors keep coming… Read more »

Mila Jovovich in Bulgaria to shoot her latest movie

The Hollywood star Mila Jovovich arrived on Tuesday night in Bulgaria to begin the shooting of her latest movie, the title of which is still unknown. She is staying in one of the most luxurious hotels in Sofia for the next month. According to rumours, whilst in Bulgaria the actress might participate in a video… Read more »

Bulgaria attracts Swedish tourists

The Swedish ambassador, Bertil Roth has announced that about 100,000 Swedish tourists visit Bulgaria every year. On his third visit to Varna he had an official meeting with the mayor, Kiril Yordanov. The mayor said that Bulgaria has the potential to increase the number of Swedish tourists visiting Bulgaria in the future. A presentation of… Read more »

Bulgaria shows strong economic growth on World Bank report

The World Bank has issued a report with data showing that Bulgaria has strong economic growth and the gross domestic product has seen a stable increase. The growth of Bulgaria, along with Poland is on the highest level among the 10 new member countries of the EU and is expected to remain unchanged during 2008…. Read more »

Bulgarian Design Biennial to attract new talent

The first Bulgarian Design Biennial is to be held in October 2008 in Sofia, with accompanying exhibitions and seminars in Varna. The aim of the biennial, whose theme is The Art of Creating Quality of Life, is to gather together in one place a full scope of designs, to show the best recent trends in… Read more »

Colliers International Invest in Two New Mall Projects in Bulgaria

Colliers International in Bulgaria has signed a contract with the leading Spanish developer, Riofisa, to invest in two new mall projects, Civis Center Sofia and Civis Center Plovdiv. Civis Center Sofia and Civis Center Plovdiv are respectively the eleventh and twelfth exclusive shopping mall projects in the portfolio of Colliers International, which includes some of… Read more »

Marrakech No. 1 Tourist Destination in Morocco

The colourful city of Marrakech is receiving increasing attention as Morocco's tourism levels and economy are soaring. Marrakech is Morocco’s third largest city and the No. 1 holiday hotspot. It is known as the ‘entertainment capital’ of Morocco and its popularity is due to its desert heat, rose-red Medina (a historical city), boutiques and lavish… Read more »