Balgarianovinite.com “Combating the shadow economy, bringing Bulgarian workers back from Europe, and involving young people in the sector will be priorities during my term,” Lyubomir Kachamakov, the newly elected Chair of the Management Board of the Bulgarian Construction Chamber (BCC), told BTA in an interview.
Beyond private investments, which are mainly focused on residential construction, it is currently difficult to predict which segments will be the main drivers of growth in the sector next year, he noted. The adoption of the 2026 State Budget Act has been postponed, and in this context it remains to be seen at what pace public contracting authorities – the State and municipalities – will continue their work, the BCC Chair said. He expressed hope that work will not come to a halt again, that the completion of already launched projects will be ensured, and that new ones will be planned. He placed particular emphasis on the municipal programme, which provides employment for companies across the country, stressing that it is important for the industry that it be implemented smoothly, as otherwise not only contractor companies but also residents of the respective municipalities, who are waiting for much-needed infrastructure, would be adversely affected.
The BCC Chair said it is difficult to indicate a specific percentage by which construction services may increase in price in 2026, but noted that growth is possible as a result of higher wages. “We hope there will be no surprises in material prices. It is important to explain to citizens, since for most of them the price of construction is equivalent to the price of real estate, that this is not the case. Construction costs include not only materials, but also the use of specialised equipment and the payment of labour with the respective social security contributions. Construction costs are only part of the factors that shape the final price of a property, which is set for buyers by the investor, and not the builder. The main component of this price is location; it also includes design, the type of materials used, whether the building is ‘smart’, ‘green’, and so on,” said Lyubomir Kachamakov.
The Chair of the Chamber noted that the sector is facing a shortage of young engineers, adding that through various internship programmes businesses are trying to spark their interest in this field of education and retain them in the industry. “We are working intensively with universities, as well as with the Ministry of Labour and Social Policy. On November 1, together with the Ministry, we already organised a job fair in Frankfurt for Bulgarians living and working in Germany. We plan to continue this initiative in other major European cities, as interest is very high,” Kachamakov added. New Construction Chamber Chair Kachamakov Pledges Fight Against Shadow Economy, Focus on Workforce and Youth Engagement 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-25 09:19:14 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
