More than a quarter of Bulgarian construction companies for the first nine months of 2009 according to the Construction Chamber of countries have stopped their activities. A requirement for the continuation of construction activities in Bulgaria is to register in the Construction Chamber. On September 1, 2009 1550 5820 of the companies did not renew their registration, said the executive director of the Chamber of Ivan Boyko. Boykov eliminates the possibility of conducting illegal activities, since all investors demand from developers filing of registration documents. On the other hand, by construction workers hired to repair houses, no license is required. Next, 2010 will be the year for the construction sector in the struggle for survival and fierce competition, said Minister of Regional Development Rosen Plevneliev. The number of orders and volumes of buildings are falling faster than expected. According to official data, in July, on an annualized basis, they decreased already by 14.5% compared with June fall by 8.6%. On this Site sofiaecho.com
The number of Bulgarian builders because of the crisis fell by 25%
12.10.2009
Homesoverseas.ru editorial office
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