Sales | Pamporovo

       About Us       Contact Us
BulgarianEnglishFrenchGermanGreekItalianMacedonianRussianSpanish
858 PROPERTIES SOLD SINCE JUNE 2004 ... 350 Million Euro Super Borovets Project to go ahead! Book your viewing trip with us now
Currency Converter




Articles.








  Ref.№        Min €        Max €         
   
Latest News and Events. Click here for more details...
Samokov office move. Click here for more details...
Spain's Ferry Group To Invest EUR 500 M in Bulgaria
Updated: 2007-04-19

Spain's Ferry Group To Invest EUR 500 M in Bulgaria

Business

Spanish developer Ferry Group announced plans on Tuesday to invest more than EUR 500 M in two projects in Bulgaria, in a country club and renewable energy sources, respectively.

The Spanish company will invest EUR 400 M in the Katina country club near capital Sofia, which will feature a golf club and luxury villas.

Ferry Group hopes the 400,000 square meters country club will draw tourists from Spain and other EU countries when it is completed.

The other project, Green Energy Bulgaria, will focus on renewable energy sources, specifically fast-growing Pawlounia trees, used in the production of biomass fuels.

Ferry Group will plant the trees on 6,000 hectares and will later build biomass factories close to the plantations.

Both projects have qualified for tax breaks under Bulgaria's programme to encourage foreign investment.

<< Back to list of articles