Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
German DIY retailer Praktiker is reportedly looking for buyers for its Romania unit in a move that will not affect its operations in other EE countries, including Bulgaria.
"A Romanian Insolvency house has been appointed to dispose of the Romanian Praktiker business, which has a big unit on the site. Negotiations are ongoing for a restructuring of their lease agreement and recovery of the outstanding rental and service charge debts," reads a report of European Convergence Development Company, one of the shareholders of Era Shopping Centre in Romania.
However, when contacted by Mediafax, Praktiker representatives didn't comment on the information.
The German group had some difficulties in recent years. In 2011, the group announced its plans to close down some of the stores in Germany, and a withdrawal from Albania.
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The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
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