Geography of Bulgaria

Mountain Auto Rally “Uzana” Cancelled after Fatal Accident

The mountain auto-rally “Uzana” was cancelled after a fatal accident on Saturday.

During a training session on Saturday afternoon, Yordan Milarov, a driver from Gabrovo’s ARA Motor Sport club, had a serious car crash.

The incident happened in a middle section of the track, according to reports of Darik radio. Milarov lost control of the vehicle at a turn and hit a rock.

Bulgaria's Plovdiv Boasts 33% Higher Hotel Revenues in 2014

Hotels in Bulgaria's city of Plovdiv recorded a 33% higher revenue from tourist accommodation in H1 2014, compared to the same period of 2013, the local administration informed.

The contribution of Bulgarian tourists to the municipality's revenues increased by 24% and of foreign visitors - by 44%, Dnevnik reports.

Northern Bulgaria Boasts Annual Raspberry Production of 8000 Tonnes

The production of raspberries in northern Bulgaria is regaining momentum and is about to become a principle means of subsistence in the region.

The annual production of raspberries amounts to 8000 tonnes and 80% of it is exported to the Netherlands, Germany and the UK, according to Standard daily.

Property Deals On The Rise, Russians Buy Less

The real estate deals in Bulgaria in H1 2014 grew by 64%,year-on-year, shows an analysis of the ERA Bulgaria real estate company. 

Due to the bank panic in June, buyers showed increased interest in buying homes in Sofia. 

In Varna and Burgas, however, the deals with Russian citizens dropped by 35% in H1 2014, year-on-year.

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