Bulgaria: Last Day to Refuel with a Discount of 25 Cents per liter
Today will be the last time to refuel with a discount of 25 cents
The economic crisis in the past year has proved fertile for the discount retailers stepping on Bulgarian soil in recent months and the country will see their boom in 2010, a realtor report says.
When comparing with the structure of the retail segment in Central and Eastern Europe (CEE) it is evident that Bulgaria is still in its discount infancy, and significant development can be anticipated on this front, especially in the food section, Colliers International Bulgaria says.
Three food discount chains are currently operating in Bulgaria; Kaufland, Penny Market and Plus.
Kaufland is a part of the Swartz Group which also owns Lidl. It is a soft discounter that entered the Bulgarian market in 2006 in Plovdiv. Now it is strongly positioned on the market with more than 26 hypermarkets.
Plus (part of Tengelman) and Penny Market (Rewe Group) are two other German soft discounters with an aggressive growth strategy for Bulgaria. Both chains are using the approach of Lidl, which is about to open its first sites in Bulgaria.
In 2010 the Bulgarian market will also witness the entry of international retail giants – Inditex Group (with its 5 brands; Zara, Bershka, Massimo Dutti, Stradivarius and Pull and Bear), Peek&Cloppenburg, and GAP.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
The housing market in Bulgaria witnessed mixed trends in the fourth quarter of 2023, with overall prices experiencing a modest increase of 1.2%
Bulgaria witnessed a staggering surge in mortgage loans in 2023, totaling a monumental BGN 6.39 billion
Amidst the backdrop of Bulgaria's dynamic real estate landscape, all eyes are on the potential impact of the country's imminent entry into the Eurozone
This information was shared during the presentation of data on the current state of the market to journalists
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022