Brussels Gives Bulgaria EUR 42.5 Million for Sofia Tech Park
(Sofia, Jan 11) - The European Commission has allocated a grant of EUR 42.5 million (BGN 83.1 million) for the construction of the Sofia Tech Park. The contract was signed at the Council of Ministers by Sofia Tech Park CEO Elitsa Panayotova and Chief Director of the European Funds for Competitiveness Kiril Geratliev. The event was also attended by Minister of Economy Delian Dobrev.
The total cost of the project is EUR 50...
Shukri Hussein was only 23 when he first bought some land, with a friend, to start a farm at Praventsi, a village close to Novi Pazar, in north-east Bulgaria. Ten years later the biology graduate heads a 110-hectare organic farm with a workforce of 35.
He was pleased with what he had achieved and had no intention of letting anyone spoil his dream. At the beginning of January he joined thousands of others to protest against plans to explore the huge shale-gas reserves in his region. Their...
“The opportunities OP Environment provides in the previous and the new programme periods establish prerequisites for a huge volume of work on designing and construction of ecological infrastructure as well as possibilities for the state to tackle challenges,“ said Ivelina Vasileva, Bulgarian Minister of Environment and Water, speaking at an annual conference themed “Strategic infrastructure and investments – Bulgaria and the Western Balkans“, FOCUS News Agency reported.
“In the...
The deadline for the completion of construction works at Lot 2 of the Struma motorway is October 2015, according to Bulgarian Regional Development Minister Lilyana Pavlova.
On Sunday, Pavlova conducted a sudden inspection of the progress of the 38km motorway section connecting Dupnitsa and Blagoevgrad.
Pavlova, as cited by the Focus agency, declared that she had been told by workers of the contractor that the construction works were to be wrapped up by end-October 2015.
She noted...
Stara Zagora. “After infrastructure projects it comes the turn of the factories. This is what rehabilitates economy,” Bulgarian Prime Minister Boyko Borisov said at the opening of an Automotive Gasket Plant in the town of Stara Zagora, a reporter of FOCUS News Agency announced.
The Prime Minister said that this is a huge investment, Bulgaria gives only 10-15%, and the rest are European investments.
"The government fully implemented the European programmes," the Prime Minister added.
The...
Bulgarian President Rosen Plevneliev opened Tuesday the off-site sitting of the Regions and National Infrastructure Development Council with the President’s Office at the building hosting Smolyan Municipality.
The sitting was themed “State policy on encouraging the economic activity in the poorly developed and disadvantaged regions in Bulgaria. Alternatives to the traditional productions”.
The event was also attended by Deputy Prime Minister for EU Funds and Economic Policies Tomislav...
“Wasser Berlin 2015 exhibition has managed to gain the reputation of the most prestigious world forum on water matters. I perceive the event as an excellent opportunity for all key factors in the water sector to directly exchange ideas, good practices, and solutions connected with drinking and waste water – a sphere indirectly influencing our whole life, which requires more and more attention,“ said Bulgarian Minister of Regional Development and Public Works Lilyana Pavlova, speaking at...
President of the European Commission expected to visit Sofia on account of the opening of the new subway lineextension leading to the airport.
Juncker will probably come to Bulgaria either in late March or in early April. It is expected that all EU Commissioners will visit the country by the end of May, as announced by Bulgarian PM Boiko Borisov during the Council of Europe session in Brussels Friday.
''When they come, they can see how EU funding is being utilized, how hapy people are,''...
“I have the assurance of our partners that the construction of the Greece-Bulgaria interconnector will be financed with money under the EU funds and programmes. The forecasted price of the project, according to initial calculations, is around EUR 220 million,” Bulgarian Minister of Energy Temenuzhka Petkova said speaking with journalists after the sitting of the general commission on economy, infrastructure and energy of the Parliamentary Assembly of the South-East European Cooperation...
Tenders on the current renovation and maintenance of Bulgarian motorways Hemus and Trakiya's older segments are now launched.
The announcement was made by the Press Office of the State Agency Road Infrastructure.
The first procedure is regarding the maintenance and renovation works planned with regard to the severe weather conditions along the section of the Hemus motorway stretching 78,5 kilometers between Sofia and Yablanitsa.
The company chosen will also be in charge of the...
Tenders on the current renovation and maintenance of Bulgarian motorways Hemus and Trakiya's older segments are now launched.
The announcement was made by the Press Office of the State Agency Road Infrastructure.
The first procedure is regarding the maintenance and renovation works planned with regard to the severe weather conditions along the section of the Hemus motorway stretching 78,5 kilometers between Sofia and Yablanitsa.
The company chosen will also be in charge of the...
Work on the Hemus and Trakia motorways will resume in March, when the winter road cleaning regime across the country is partially lifted, according to Lazar Lazarov, Chair of the Management Board of the Road Infrastructure Agency.
Lazarov told Pressa daily that the right lanes of the motorways had been completed in 2014 and traffic would be channeled through them so that the construction of the left lanes could start.
He explained that there had been no payments for work on the sites in...
Lot 3 of the southern Trakiya highway, connecting the town of Nova Zagora and the city of Yambol, will be launched Thursday.
The length of the new section is 35.7 km. The breaking ground was on August 2010. The contractor is the Greek company Aktor which offered the price of BGN 133 973.
With the launch of Lot 3, and the recently opened Lot 2 (between the city of Stara Zagora and Nova Zagora) the travel time by car from the capital Sofia to the Black Sea city of Burgas is now shorter by...
The delays in the construction of Lot 1 of Bulgaria's Maritsa Highway leading to the border with Turkey will be made up for, according to the Bulgarian government.
The construction of Lot 1 of the Maritsa Highway – between Orizovo and Dimitrovgrad – was inspected Wednesday by Prime Minister Boyko Borisov and Regional Development Minister Lilyana Pavlova.
Lot 1 between Orizovo and Dimitrovgrad is 31.4-km long and is part of the Pan-European Transport Corridor connecting Central and...
All trains serving the railroad line between the second largest city of Plovdiv and the town of Dimitrovgrad in southern Bulgaria can now travel with speeds up to 160 km/h.
The news was announced by Transport Minister, Ivaylo Moskovski, during the official opening of the railway section. The ceremony was also attended by Prime Minister, Boyko Borisov, the European Commissioner for Regional Policy Johannes Hahn, President, Rosen Plevneliev, Regional Development Minister, Lilyana Pavlova, and...
The section of Bulgaria's Trakiya Highway between Nova Zagora and Stara Zagora was officially opened on Sunday.
"The construction of highways will yield its results over the following years," Bulgarian Prime Minister Boyko Borisov told journalists during the ribbon-cutting ceremony.
The 32-km highway stretch was completed ahead of term and is to allow Bulgarians to get to the seaside 20 minutes faster.
Borisov revealed that another section of the highway, the one connecting Nova Zagora...
The second bridge over the Danube linking Romania and Bulgaria at Calafat and Vidin will be ready by the end of the year, announced Bulgarian Minister of Transport Ivaylo Moskovski.
Saturday Moskovski accompanied Bulgarian PM Boyko Borisov and EU Regional Policy Commissioner Johannes Hahn on an inspection of the project for the so-called Danube Bridge 2.
"82% of the bridge itself is completed at the present moment, 90% of funds have been used, 92% of outlying infrastructure has also been...
The South Stream Transport AG consortium has has formally initiated the Environmental Impact Assessment (EIA) procedure for the Bulgarian section of the South Stream Offshore Pipeline Project, according to a media statement of the company.
The Bulgarian offshore section of the gas pipeline will be approximately 250 kilometers long.
The South Stream Offshore Pipeline is to be about 900 kilometers long and is to run through the Black Sea from Anapa in Russia to Varna in Bulgaria.
The...
Bulgarian President Rosen Plevneliev, Prime Minister Boyko Borisov and European Commissioner for Regional Policy Johannes Hahn will cut the ribbon Sunday on the Trakia Highway stretch between Nova Zagora and Stara Zagora.
The new highway stretch, which was completed ahead of term by the Magistrali Trace Consortium, is to allow Bulgarians to get to the seaside 20 minutes faster.
The remaining part of the Trakia Highway to the Petolachkata junction is to be finished by the beginning of...
Bulgaria's Privatization and Post-Privatization Control Agency (PPCA) has confirmed investor interest in the upcoming sale of the Freight Services unit of the Bulgarian State Railways (BDZ) company.
The privatization watchdog, however, did not specify the number of companies that had already purchased tender documents and refused to comment on the allegations of the participation of Russian state railways (OAO RZhD) in the deal.
On Monday, Transport Minister Ivaylo Moskovski remained...
The project company for the construction of a major highway running from Romania to Turkey and Greece via Bulgaria (aka the Ruse-Svilengrad Road) is to become operational in October.
The project will be implemented through a public-private partnership scheme.
The latest news surrounding the Ruse-Svilengrad high-speed road project were announced Tuesday after the second working meeting of representatives of the participating countries (Bulgaria, Turkey and Qatar).
According to reports...
A new repaired and modernized section of the beltway of Bulgaria's capital Sofia is opening for traffic Wednesday.
The section is on the southern loop from the Mladost district to the exit for the suburb of Simeonovo and is over 3.5 km-long. The repair works are valued at BGN 45 M.
The new route will significantly ease-up traffic in the area because it will take both local Sofia traffic and the one coming from the Trakiya and Hemus highways in the direction of southwestern...
Bulgaria's Devnya-based chemical fertilisers maker Agropolychim received Thursday the long-awaited signature by Agriculture Minister Miroslav Naydenov clearing the construction rights for the company's waste depot.
On Wednesday, the company said it was considering halting operations and laying off all of its 1100 workers because it had spent eight years trying to obtain construction rights for the facility that was essential for the plant's functioning.
In 2006, Bulgaria's Council of...