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26.08.2008 OBG: Bulgaria’s Tourism Sector Developing with Stable Rate

econ.bg, 25.08.08

According to the Oxford Business Group’s The Report: Bulgaria 2008 the tourist sector continues to play an important role in the development of the country’s economy by creating new jobs and ensuring a constant flow of foreign tourists to the country.

The tourist industry provides some 14% of the gross domestic product (GDP) and is a valuable source of foreign currency which is of great importance for the budget balance. The sector also plays an important role on the labor market providing 371,000 jobs in 2007 which makes 12.3% of the total number of jobs in the country, the OBG reports.


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LATEST REGIONAL NEWS
Varna Airport opens after renovation

29/February/2012
BULGARIAN PROPERTIES

Varna Airport is announced to open on 29.02.2012 and it is ready to welcome guests and tourists from various destinations. The airport will renew operations after it was closed for a few months for renovation.

The project of Fraport Twin Star Airport Management for renovation of the airport pistes, in which the company invested nearly 40 million BGN, sgarted on 15th Oct, 2011. The ... read more

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Latest News
Office rental prices in Sofia with highest drop in Europe

18/January/2012
Mediapool.bg, 17.01.12

Rental prices of first-class offices in the capital Sofia have registered the biggest drop in Europe. This is what a report from consultancy company CB Richard Ellis shows, as it includes 53 European cities.

Rental prices of offices in Sofia have decreased by 7.1% in the last quarter of 2011 year-on-year. Compared to the previous quarter the drop is 3.7% which is also the highest d... read more

LATEST REGIONAL NEWS
Varna Airport to Have New Terminal

21/June/2011
pochivka.com

A new terminal is planned to be constructed at Varna Airport at the end of the summer. It will be built by the concessionaire of Varna Airport and the terminal will cost 30 million Euro.

The aim of the construction of the new building is to offer more amenities to the passengers, modern systems for luggage servicing, commercial areas and a fun zone. The interior of the terminal wil... read more

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Property Prices in Bulgaria Expected to Stabilize in 2012

11/April/2012
novinite.com, 10.04.2012

Bulgarian property prices are largely expected to be unchanged in 2012 as real estate markets around the country remain at a standstill, brokers say.

Average prices in the capital city Sofia were around EUR 735 per square meter during the first quarter of the year, from EUR 730 in the ... read more

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