Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria's PM: New Hydropower Station Project to Start 2012
Date: 19/07/2010
Bulgaria's PM: New Hydropower Station Project to Start 2012

The Gorna Arda hydropower plant project is extremely important for the development of the region of south-eastern Bulgaria, said Bulgarian PM upon the joining of Austrian energy giant EVN in the venture Monday evening in Vienna.

The Bulgarian National Electrical Company (NEK) and Austrian energy giant EVN stroke a deal earlier Monday over the construction and exploitation of the hydropower station during Borisov's official visit to Austria

Commenting upon the event, Borisov said that construction may start early 2012.

He also stated that he hopes around 4-5000 new workplaces can be opened up in connection with the new hydropower plant, while EVN has committed to at least 3000.

The Bulgarian PM said that the project will turn out to be less expensive than initially expected and called upon companies to be involved in the project not to offer or accept unwarranted payments, implying he will not tolerate corruption.

EVN CEO Burkart Hoffer expressed consent and warm thanks to the Bulgarian government in their efforts to facilitate the execution of the project.

Topic: Construction

Featured District
Invest Bulgaria Charts
Tax Revenue of Bulgaria as Percent of GDP
Tax Revenue of Bulgaria as Percent of GDP

Foreign Liabilities of Bulgaria
Foreign Liabilities of Bulgaria

See all charts
Did You Know?
Bulgaria is a space nation
Bulgaria is a space nation
Bulgaria is a space nation: Two Bulgarians have flown in space already ... More

Sunny Beach is located 35 km north of Bourgas and is Bulgaria's biggest and most popular sea resort.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members