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The second mall in terms of revenue in Bulgaria – The Mall on Tsarigradsko Shose Blvd. is for sale, read the notification sent to the Commission for Protection of Competition at the end of 2016.
It states that the current owner of the site – AP Retail 1 will leave the site. The buyer is South African investment group New Europe Property Investments via Sofia Commercial Centre registered in Bulgaria.
Kapital Daily reports that the buyer has not stated categorically that the deal will take place but has expressed interest of entering the Bulgarian market.
According to the edition, the deal will amount to about EUR 180 M and will include the space which was occupied by Carrefour hypermarket until rece
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After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia
Bulgaria has experienced a remarkable surge in foreign direct investments, marking a 12-year high with an increase to BGN 7 billion between January and November 2023, a BGN 2 billion rise from the previous year
The government has greenlit ambitious projects to attract substantial foreign investments totaling EUR 500 million across Pleven, Maritsa-Plovdiv, and Shumen, as announced by Prime Minister Nikolai Denkov
Investments from the USA and Canada in Bulgaria surpass the country's official balance of payments report findings, as per a recent Institute for Market Economy (IME) study spanning five years
French retail giant "Carrefour" is set to re-establish its presence in Bulgaria, unveiling plans for a significant return through a partnership with Greek franchisee "Retail & More"
Vestbee published the 'VC Transactions In CEE Report - 2022', revealing that VC investments in the CEE region exceeded €5.9B in total funding across more than 1100 transactions
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape
Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union's (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts
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