Category: Business news

Office Rents in Bulgaria Among the Cheapest in Europe

Office space Bulgaria

The office rents in Bulgaria are among the cheapest in Europe, shows a survey of the Cushman&Wakefield international consultancy.

The only European countries, where the prices are lower are Cyprus, Croatia, Estonia and Macedonia. In the global list Bulgaria is at the 60-th place.

The analysis of the data shows that the average rent per square meter of office space in downtown Sofia for 2013 was EUR 223. This sum covers the rent of an average of EUR 12.5 per square meter per month, plus the added expenses for property management and utility bills. Read more

Bulgarian Textile Industry More Appealing To Foreign Investors

Bulgarian textile industry

Textile and clothing industries in Bulgaria are at their peak as the export of garments and fabric reached a record-high of EUR 1.8 B last year.

The statistics show an increase of about EUR 130 M, or 8.5%, compared to the previous year, Bulgarian newspaper Presa reports.

Expectations for 2014 are also optimistic as the sector seems to recover from the impact of the world crisis. Read more