Karadere beach Bulgaria

Karadere beach is one of the last stretch­es of the Bul­gar­i­an Black Sea coast not yet cov­ered in con­crete, and free camp­ing is still per­mit­ted there. A plan to devel­op the beach into a “hol­i­day vil­lage” has been on the cards for sev­er­al years and recent­ly, devel­op­ers began cut­ting trees, prompt­ing thou­sands to protest in the streets in Sofia and Var­na.

Karadere beach is one of the last stretch­es of the Bul­gar­i­an Black Sea coast not yet cov­ered in con­crete, and free camp­ing is still per­mit­ted there. A plan to devel­op the beach into a “hol­i­day vil­lage” has been on the cards for sev­er­al years and recent­ly, devel­op­ers began cut­ting trees, prompt­ing thou­sands to protest in the streets in Sofia and Var­na.

After a lot of secre­cy, some of the investors in the pro­posed devel­op­ment have been named. The com­pa­ny known as Madara hold­ings (for­mer­ly May­fair hold­ings) or Madara Europe which is owned by Rain­bow Mal­ta, head man Paul Riley seems to be the main play­er All these com­pa­nies are based in the chan­nel islands, and the investors seem to be British (although the whole affair is very murky with cor­rup­tion, and there are prob­a­bly oth­er Bul­gar­i­an and/or Russ­ian investors lurk­ing in the shad­ows). The British involve­ment seems to be sig­nif­i­cant, and if the British investors could be pur­suad­ed to with­draw, the project would be set back.The British investors are named on this excel­lent jour­nal­ism page, and the site has oth­er info about Karadere

http://tinyurl.com/lg8p86e

It also seems that some of the investors are in south wales, and are linked to a rug­by club in Cardiff

https://opencorporates.com/companies/gb/03389199

More info on these peo­ple could cer­tain­ly be uncov­ered by some­one on the ground in Britain. It would be great to get this issue raised in Britain, and see some of these investors pub­li­cal­ly shamed.

There is lots of stuff about Karadere on face­book and youtube

love and rage!