Buy & Sell Bulgaria Insight Newsletter

The joint venture STERLING STERN NV - ZENITH RELOCATION (EUROPE) BV, are pleased to announce the final completion and signing of their agreement with EUROLINK INVESTMENT GROUP, which took place in Varna, Bulgaria, on the 07.02.2009.

The agreement provides for the joint venture to purchase 175 hectares of zoned agricultural land in the present outskirts of the city of Varna and within its new extended boundaries. In close collaboration with Eurolink Investment Group the venture will in the course of a five-year-period construct three residential projects, each comprising of 150 luxury housing units, which will be disperse among the shareholders of ZENITH RELOCATION (EUROPE) BV, while STERLING STERN NV will facilitate ex-pat clients from South Africa, Zimbabwe and the Dutch Antilles, presently relocating to Europe. The total investment on the project is expected to reach € 100 mn including the projects’ infrastructure. The construction will commence immediately once the plans are prepared and approved by the local authorities. Further information will be released in due course.

www.retirement-homes-bulgaria.com

During the last couple of months our offices have virtually been bombarded by telephone calls and e-mails requesting comprehensive information and advice for relocation to Bulgaria.

The people behind the telephone calls and the e-mails come from various walks of life and from all over Western Europe, and they all have one thing in common - their very serious concern for the recession, which rapidly is affecting everybody’s life. It is obvious that their concern is not unfounded and as things develop in most countries in Western and Central Europe, soon people will find it impossible to make ends meet. It is natural that a huge number of people will seek alternatives and go where their money can buy them good quality of life. It is also not strange at all that these people are turning to Bulgaria as the best and most affordable country to relocate to. Not only the cost of living in Bulgaria is ¼ of what it is in most EU countries, but Bulgaria is a peaceful, friendly and safe country to be in. It also has everything that any other EU country has to offer and a lot more that most EU countries cannot offer.

We feel that it is our obligation and our duty to help these people in any way we can, starting by offering them valid, accurate and professional advice as well as every service and assistance that they may need before and after the relocation.

The new website, www.retirement-homes-bulgaria.com, will display everything that has to do with retirement, relocation, the legislation and regulations, health care, insurance, residence permits, cost of living, shopping, buying and owning a property, banking, payment of bills, translations…everything that you may want to know about Bulgaria! So, look out for it…its coming soon!

On 25^th Feb, 2009, Eurolink Investment Group will hold a Presentation in the Capital of Cyprus, Nicosia. Apart from EIG’s investment consultants and the Managing Director, Mr. Christopher Violaris, honorary guests from InvestBulgaria Agency and the Municipality of Varna will attend. Topics will be the State Policy on Foreign Investments in Bulgaria - Advantages and Incentives for Private and Corporate Investors, Investment Opportunities in the Green Energy Market of Bulgaria and Investing in the New Varna - Opportunities and Potentials of the New Town Master Plan.

by Lefteris Souttos of EIG

The foundations of our business are the people. We believe in building relationships with our clients based on trust and unwavering commitment to excellence. Our focus is on the complete satisfaction of every client. We use a team centered approach to manage all aspects of the business. For this reason, the management of Eurolink Investment Group took the necessary actions to establish the office in Cyprus, which began its operations in August 2008.

The office operates through the services of Mrs. Anastasia Piperidou (Advocate), Mr. Michalis Makris (Investment Consultant), and Mr. Lefteris Souttos (Investment Consultant). It is located in Nicosia, the capital of Cyprus, in the area of Archangelos.

Our Human Resources Policy is to recruit the best qualified individuals who thrive on the excitement of collaboration and the discovery of new opportunities. Our ongoing training and development programs ensure that learning and skills are constantly renewed and refreshed to meet the modern work practices expected from our clients and associates.

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The Sofia Weekly, 14 Feb, 2009

The office of the Bulgarian Prime Minister, Sergey Stanishev, has confirmed that he will open the Invest in Bulgaria 2009 Summit, which is scheduled to take place at Sheraton Sofia Hotel Balkan, on March 5-6, 2009.

The Bulgaria Business and Investment Summit is organized by the European Finance Convention - a private company headquartered in Brussels, Belgium, with a second office in London. Bulgaria’s largest English-language news provider, Sergey Stanishev, Prime Minister of Bulgaria

Novinite.com (Sofia News Agency), is an official media partner of the event.

Apart from Bulgaria’s Prime Minister, who will deliver the keynote address, the forum speakers include Ivan Iskrov, Governor, National Bank of Bulgaria; Stoyan Stalev, Director, InvestBulgaria Agency; Dobrinka Krasteva, Ministry of Finance; Yannis Tsakiris, European Investment Fund; Mardik Papazyan, National Electric Company NEK; Henry Jackelen, UNDP Bulgaria; Lulin Radulov, Black Sea Regional Energy Center; Boryana Pencheva, Ministry of Finance; Petar Statev, ICT Cluster.

Considering Bulgaria’s strengthened image abroad within the last years and the growing investment interest, the Invest in Bulgaria 2009 Summit aims to provide a meeting place for investors, finance and business leaders to assess the private and public sector business opportunities in the Bulgarian market and network under one roof.

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The miraculous rock formations at the North-West Bulgarian town of Belogradchik are second in the provisional ranking in Group D of the global campaign to select the World’s new Seven Wonders.

Thus, in the Group D category, ‘Caves, Rock Formations, and Valleys’, Bulgaria’s Belogradchik Rocks have overtaken the US Grand Canyon, which remains third, and are only behind Serbia’s Davolja Varos (‘Devil’s Cave’).

The initiative committee in support of the Belogradchik Rocks headed by the Mayor of the Belogradchik, Emil Tsankov, is urging all Bulgarians and Bulgaria lovers to vote for the Bulgarian bidder at the website of the campaign, www.new7wonders.com.

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Madonna finally confirmed that she will be coming to Bulgaria. The concert, one of the largest ever in Bulgarian music history, is to be organised by Sofia Music Enterprises and will be held in the National Stadium ‘Vasil Levski’ on the evening of August 29.

Tickets for the event, which is part of Madonna’s ‘Sticky & Sweet’ world tour, will go on sale on February 19 at 9 am. Ticket prices range from BGN 100 to BGN 200. These are some of the cheapest prices for tickets to see Madonna in Europe.

Special Guest for ‘Sticky & Sweet 2009′, Paul Oakenfold will also be performing in Sofia, he has long been one of the most important names in modern club culture.

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The European Commission have just announced an agreement whereby English will be the official language of the EU rather than German,which was the other possibility.

As part of the negotiations, Her Majesty’s government conceded that English spelling had some room for improvement and has accepted a 5 year phase in plan that would be known as “EuroEnglish”.

In the first year, “s” will replace the soft “c”.. Sertainly, this will make the sivil servants jump with joy.

The hard “c” will be dropped in favor of the “k”. This should klear up konfusion and keyboards kan have 1 less letter.

There will be growing publik enthusiasm in the sekond year, when the troublesome “ph” will be replaced with the “f”. This will make words like “fotograf” 20% shorter.

In the 3rd year, publik akseptanse of the new spelling kan be expekted to reach the stage where more komplikated changes are possible. Governments will enkourage the removal of double letters, which have always ben a deterent to akurate speling.

Also, al wil agre that the horible mes of the silent “e”’s in the language is disgraceful, and they should go away.

By the 4th yar, peopl wil be reseptiv to steps such as replasing “th” with “z” and “w” with “v”.

During ze fifz year, ze unesesary “o” kan be dropd from vords kontaiining “ou” and similar changes vud of kors be aplid to ozer kombinations of leters.

After zis fifz year, ve vil hav a reali sensibl riten styl. Zer vil be no mor trubls or difikultis and evrivun vil find it ezi tu understand ech ozer.

ZE DREM VIL FINALI KUM TRU!!