Cushman & Wakefield Forton has the pleasure to present the current trends in the 4 and 5-star hotel segment in Sofia. The COVID – 19 pandemic has changed the entire hospitality sector and we hope for a quick recovery.  ...

– Investor appetite remains strong for CEE but a cautious approach is still being applied while markets try to settle – reveals Colliers International in its latest “H1 CEE Investment Scene” report CEE Investment volumes for the first half of...

The international business landscape is more complex than ever, according to the latest annual Global Business Complexity Index (GBCI) by TMF Group – with COVID-19 adding a significant economic and social layer. The research analyses three key areas of business...

How do businesses bring data into their decision making process? To gain further insight and to establish the requirements of your digital transformation journey, ask yourself the following questions: How do you approach communication? How does your company create value?...

By Nikola Stoychev, Dimitrov, Petrov & Co. Law Firm The Parliament has adopted amendments to the Energy Act which will affect most of the companies in Bulgaria. As a result of the changes, all non-household consumers will not have the...

Supply The mid-plus and high-end residential market registered 4% growth of the completed projects. Thus, the total supply in the segment marginally exceeded 11,000 (apartments / row or single houses), mainly concentrated in the southern neighborhoods and the foothills of...

By Polya Dimitrova, Dimitrov, Petrov & Co. Law Firm Due to the state of emergency related to the COVID-19 pandemic in Bulgaria, the term for publication of the 2019 annual financial statements (AFS) of the companies in the Commercial Register...

By Lyuben Todev, Senior Associate, Dobrev & Lyutskanov Law Firm An indispensable prerequisite for the employment of third-country nationals, i.e. countries outside the European Union (EU) and the European Economic Area (EEA), in Bulgaria is the admissibility of this employment...

Highlights In the first half of 2020, the supply of modern office space class A, B and C in Sofia increased by 1% and reached 2,315,600 sqm. The recently completed building 3 in Garitage Park had the main share in...

Highlights In the first half of 2020 the total value of investment transactions was just over 202 mn euros – 21% year-on-year growth. (Fig. 1) The largest share of investment volume was due to transactions with office assets – 53%,...