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05.02.2019 Permits for 1,477 Residential Buildings Issued in Bulgaria for Last Quarter of 2018

In the last quarter of 2018, the authorities issued building permits for 1,477 residential buildings with 11,682 dwellings and a total area of 1,457,570 sq m, as well as for 33 office buildings of 224,417 sq m and 1,319 other buildings of 780,957 sq m, the National Statistical Institute (NSI) said.

Compared to the same quarter of 2017, the building permits for residential buildings increased by 14%, and the number of dwellings and the area grew by 59.4% and 61.1%, respectively. The permits for new offices went up by 10%, with a six-fold surge in the respective area. For other buildings, the permits rose by 16.7% and the area by 13%.

Most dwellings are to be built in the Sofia city (5,290), Varna (1,923), Plovdiv (1,263), Burgas (1,113) and Stara Zagora (616).

The construction of 935 residential buildings with 5,881 dwellings and a total area of 757,784 sq m began in the last quarter of 2018, along with 11 office buildings of 9,715 sq m and 624 other buildings of 586,459 sq m. Compared to a year earlier, an increase was observed in the residential segment and other buildings, while the number and area of office buildings that entered construction recorded a decrease.

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Sofia is Again Becoming a Digital Capital


And this year, Webit will welcome the leaders of the largest and most innovative companies in the world, NOVA TV reports.

The Webit festival this year will again turn Sofia into a digital capital. The event will be held from May 13 to May 15 and this year's edition will welcome the leaders of the world's largest and most innovative companies, hundreds of investors and thousands of ... read more

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Bulgaria has been Named the Cheapest Place to Go on Holiday for the Second Year Running


Source: Post Office's annual Holiday Costs Barometer

If you're planning a holiday without a budget-breaking bill, this travel news has arrived at the perfect time.

For the second year in a row, Bulgaria has been named the cheapest holiday destination of the year in the Post Office's annual Holiday Costs Barometer.

The report compares the average prices ... read more

Facebook Opens a Large Center for Monitoring Content in Sofia


The largest social networking site, Facebook, has officially announced it will open an office in Sofia to control and moderate content. The content review center will be in partnership with TELUS International, one of the largest outsourcing companies in Bulgaria. The news was reported to by the head of the content policy department of the company.

"Next year, around 150 ... read more

New York Art Turns Bulgarian Village into Outdoor Gallery


STARO ZHELEZARE, Bulgaria (Reuters) - With fewer than 500 inhabitants, Staro Zhelezare in southern Bulgaria is a world away from the mean streets of Manhattan, but its houses and barns have now been painted with some of the most famous images from New Yorks Museum of Modern Art (MoMA).

... read more