Investment firm Elana Holding has invested 30 million euro in the construction of a new wind park near the Popsko and Pashkul villages in Ivailovgrad municipality, Ivan Gerginov, the manager of wind electric power central in Popsko WEC Popsko has said. The facility, initially at least, will entail the construction of nine wind generators.
In Sofia for the first quarter of 2009, 19 100 sq m of new office space have been completed and made available on the market, the consultant company Forton revealed on May 12. According to the most recent report, the highest supply currently available is around the Sofia circular Road along major boulevard arteries and near Sofia Business Park.
Hit hard by the economic downturn, a group of construction companies in Northern Ireland are considering establishing a foothold in Eastern Europe and the Bulgarian market in particular, the Bulgarian news agency, BTA, has reported.
The official selection process for choosing the companies that will develop two large Bulgarian lakes Luda Yana and Plovdivtsi has been approved by the Ministry of Regional Development and Public Works and will take place in a fortnight, Stroitelstvo Gradut has reported.
A new player looks set to make new investments in Bulgarias real estate market. Interior Ministry chief, Mihail Mihov, turned the first sod on April 22 to start construction on the second regional police office headquarters in Stara Zagora.
Investors in Bulgaria lose around 200 million euro annually. The reason They also have to fork out the cost of development and installation of all auxiliary infrastructure that goes with the construction of those facilities, Rossen Plevneliev, head of Lindner Immobile Management has said, during a real estate conference at BalPEx.
In light of the economic downturn and the deacceleration of the dynamics in the real estate market, construction entrepreneurs and companies are redirecting their attention towards infrastructure projects, analysis from the National Statistics Institute NSI for February 2009 has revealed, as reported by Stroitelstvo Gradut.
The managing board of Engel East Europe has decided to concentrate on projects in the Czech Republic, Hungary, Poland and Serbia in light of current economic developments, and limit operations in in Bulgaria and Romania only to existing projects, the company said in a filing to the London Stock Exchange, where it is listed.
ECE Projectmanagement Bulgaria, the Bulgarian arm of German developer ECE, will shortly launch construction on its 40storey Europe Tower, company manager Plamen Ilchev told Mediapool.bg.
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Apr
Author: admin / Category:
Construction
Turkish developer Kayi was named as the main contractor of Serdika Centre commercial and business complex, Investor.bg reported. The site cited a news release from Sparkassen Immobilien AG, the real estate investment trust of Erste Bank, and the German investor and developer ECE Projekmanagement Bulgaria, the two investors in the project.