News

The management of the Burgas port, on the Black Sea, is considering vacating some of its operative premises for the construction of a passenger and yacht terminal. The use of the existing yachting facilities are inconvenient because the sailing boats cross path with commercial shipping lines. The transport ministry plans to award separate concession contracts for each of the port's 5 terminals. The contracts for the terminals for containerised, bulk and liquid cargo will employ a build-operate-transfer scheme. The eastern and western terminals will be concessioned off for a period of 25 to 30 years.

The Commission for Protection of Competition (CPC) approved the concession of the coastal airports in Varna and Bourgas.CPC approved the selection of Fraport Twin Star Airport Management as the concession winner, Bulgarian news agency BTA reported.

Three consortia and one Spanish company have filed bids for the design/construction of Danube Bridge II, spanning the river at Vidin-Calafat.
FCC of Spain has pitched the lowest implementation cost - 105.2 mln euro, and is ready to offer a 5% discount.
The highest project cost - 268.2 mln euro, was proposed by the tie-in between France's Vinci and Bulgaria's Glavbolgarstroy and Moststroy.

Austria's EVN, the majority owner of the regional electricity distribution companies in Bulgarian cities Plovdiv and Stara Zagora, is interested in investing in waste recycling, gas distribution, water services and the purchase and construction of power stations in Bulgaria, said Stefan Szyszkowitz, chairman of the EVN Bulgaria managing board.

Seemingly unaware of the summer heat, Bulgaria’s developers are preparing for a strong winter season. Bulgarian company Prima Invest BG has started the construction of a 15-million euro ski resort in Rila Mountain, which could take four years to complete, a local municipal official said. The Kartala ski resort will target not only locals but also tourists from the European Union and neighbouring countries Greece and Macedonia, Blagoevgrad deputy mayor Georgi Milev said. Construction of ski resorts in Bulgaria, where the tourism industry is a major driving force for the economy, is set to rapidly develop over the next years. Currently, only 15 per cent of the country’s annual tourism revenue comes from winter resorts.
 

Austria's EVN, the majority owner of the regional electricity distribution companies in Bulgarian cities Plovdiv and Stara Zagora, is interested in investing in waste recycling, gas distribution, water services and the purchase and construction of power stations in Bulgaria, said Stefan Szyszkowitz, chairman of the EVN Bulgaria managing board. EVN considers as viable investment options the construction of waste recycling plants in Plovdiv and Stara Zagora.
 

The region is largely undiscovered by Americans, though there's much to explore. But Asians and Western Europeans are visiting.When I was a little girl, I used to lie in bed at night, eyes closed, trying to imagine how the room would look if my feet were where my head was. My recent travels in Eastern Europe have been a little like that for me, an exercise in intentional self-disorientation that has allowed me to see things from fresh angles.Last spring, I started work on a series of articles about Eastern European destinations: Serbia; the old spa towns of Karlsbad (Karlovy Vary) and Marienbad (Marianske Lazne) in the Czech Republic; the Danube River delta in Romania; and Budapest, Hungary, for its Art Nouveau. On each trip, I made some discoveries.

Poised to enter the European Union in 2007, Bulgaria is struggling to shed its image as a far-flung Eastern outpost, with its drab cookie-cutter apartment blocks, officious bureaucrats, and bare store shelves. Bulgaria and Romania have been given the go-ahead to join the European Union on January 1, 2007, but with the most stringent monitoring system ever imposed on new members.

The two countries, which will add 30 million people to the EU's total population, received grim warnings that they risk losing out on some of the vast economic benefits of joining the EU should they stray from several conditions.EU officials have ordered the governments in Bucharest and Sofia to curb organized crime and corruption, clean up their justice systems, and ensure food safety. Still, the two nations' entry is being hailed as a landmark decision.

The first stage from the construction of one of the biggest residential complexes, has already been completed, announced Schraga Rusanski- the Chief engineer of the project. Two Plovdiv companies – “Mig engineering” and “Jazov” - are constructing the first three blocks of a settlement, which is going to be situated among the greenery and peacefulness at the bank of the Maritsa River, in close proximity to “Pazardjishko schose” and “Allati” shop. Investor in the project is the Israeli company “Maritsa Gardens” GmBH, with designer – architect Liudmila Petkova and according to the concept of architect Orit Nimrod from Israel.