More property investment in Bulgaria as GDP soars
16th June 2008
The next three years may see property investments of up to 300,000 Euros in Bulgaria as Romanian advertising agency Bigger Group establishes itself in the country.
Several Romanian companies have been expanding into the Bulgarian market, which has prompted the advertising agency to spread its wings into Bulgaria.
The company is merging its operations in the country with Bulgaria's VPR Advertising agency and will open an office in the capital Sophia.
Meanwhile new figures from the preliminary statistics office data stated the Bulgarian economy grew by seven per cent year-on-year in the first quarter of this year, the highest growth recorded since the second quarter of 1998.
According to the figures, the bulk of the growth was supported by the booming industry and construction sectors which rose by 7.7 and 8.3 per cent, respectively.
The government is confident the growth will continue.
Property investment in Bulgaria has been on the increase with various cities experiencing more than 100 per cent rise the construction of buildings and new homes.
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Bulgaria
16th June 2008
The next three years may see property investments of up to 300,000 Euros in Bulgaria as Romanian advertising agency Bigger Group establishes itself in the country.
Several Romanian companies have been expanding into the Bulgarian market, which has prompted the advertising agency to spread its wings into Bulgaria.
The company is merging its operations in the country with Bulgaria's VPR Advertising agency and will open an office in the capital Sophia.
Meanwhile new figures from the preliminary statistics office data stated the Bulgarian economy grew by seven per cent year-on-year in the first quarter of this year, the highest growth recorded since the second quarter of 1998.
According to the figures, the bulk of the growth was supported by the booming industry and construction sectors which rose by 7.7 and 8.3 per cent, respectively.
The government is confident the growth will continue.
Property investment in Bulgaria has been on the increase with various cities experiencing more than 100 per cent rise the construction of buildings and new homes.
<< Back to News