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Invest Bulgaria News Directory
Bulgarian Construction Sector News
(90 Bulgarian Construction Sector News Stories Found)

BULGARIA GIVES GO-AHEAD TO TRAKIYA HIGHWAY LAST SECTION

BULGARIA GIVES GO-AHEAD TO TRAKIYA HIGHWAY LAST SECTION

Topics: Construction

Bulgaria's prime minister will launch the construction works of the last section of Trakiya highway, linking the city of Yambol and the town of Karnobat, with a groundbreaking ceremony on Friday. The Bulgarian Road Infrastructure picked "Holding Roads" as winner in the tender for building of the 49km section of Trakiya Highway, also known as Lot 4. The offer of the Bulgarian company is BGN 174,705,600 M, VAT excluded. Bulgaria's tie-in "Unified Highway Trace" won the tender for the...


TRACE GROUP BOOKS BGN 3.4 MILLION PROFIT

TRACE GROUP BOOKS BGN 3.4 MILLION PROFIT

Topics: Construction

Bulgarian construction company Trace Group Hold unveiled double turnover and a profit of BGN 3.4 million for the first six months of the year, turning from a year-ago loss of BGN 2.3 million. Turnover between January and June 2010 added up to BGN 93.4 million. Operating expenses surged by 87% to BGN 90.4 million. In its earnings report, the group did not specify the projects that fuelled the increase in revenue. Its most recent contracts include the Trakiya motorway section linking Stara...


ECONOMY MINISTER BACKS BULGARIA'S FORMULA 1 PROJECT

ECONOMY MINISTER BACKS BULGARIA'S FORMULA 1 PROJECT

Topics: Construction

Bulgaria's Economy and Energy Minister, Traicho Traikov, fully backed the cabinet's plans to build a Formula 1 racing track near Sofia. In a Wednesday interview for the TV channel Nova Televizia, Traikov stated great results are only brought by great goals, referring to the Formula 1 project. On August 30, the Minister and the Chair of the Abu Dhabi state company Emirates Associated Business Group (EABG), Mohammed Abdul Jalil al Blouki, signed an economic cooperation memorandum providing...


DANUBE BRIDGE TO BE COMPLETELY FINISHED BY 2012

DANUBE BRIDGE TO BE COMPLETELY FINISHED BY 2012

Topics: Construction

The main part of the construction of the second Danube bridge between Bulgaria and Romania will be completed by the end of 2011, the Bulgarian Minister of EU Funds has announced. Minister Tomislav Donchev visited the construction site of the bridge in the Bulgarian city of Vidin on Thursday where he stated that only finishing things will be left for the beginning of 2012. The 2km Danube bridge, which is a key element of a European transport corridor connecting the German city of Dresden...


CONSTRUCTION IN BULGARIA SHOWS SIGNS OF RECOVERY

CONSTRUCTION IN BULGARIA SHOWS SIGNS OF RECOVERY

Topics: Construction

Construction permits issued in Bulgaria in the second quarter of 2010 are up compared to the first quarter, but down on annual basis. The data was published by the National Statistics Institute (NSI) Monday. 1 441 residential permits have been issued between April and June 2010 for a total of 3 933 apartments. Compared to January – March, 2010, this is an increase of 46% and 41% respectively. On annual basis, compared to the second quarter of 2009 there is a respective reduction of 21%...


THE DISTRICT OF STUDENTSKI GRAD TO BE BUILT UP WITH 20-STOREY BUILDINGS

THE DISTRICT OF STUDENTSKI GRAD TO BE BUILT UP WITH 20-STOREY BUILDINGS

Topics: Construction

"Two buildings of 17 and 24 floors could be built in front of the Bonsist hall close to the University for National and World Economy," said yesterday Architect Boriana Shivacheva from the Civil Association Beli Brezi. She explained that the Detailed Spatial Development Plan (DSDP) of the district of Studentski Grad, adopted last month by the Sofia Municipal Council was a prerequisite for the realization of such works. Shivacheva explained that it was possible that a bulding of 20 floors be...


BULGARIA'S PM TO OPEN CONSTRUCTION OF LOT 3 OF TRAKIYA HIGHWAY

BULGARIA'S PM TO OPEN CONSTRUCTION OF LOT 3 OF TRAKIYA HIGHWAY

Topics: Construction

Bulgaria's PM Boyko Borisov and the Minister for Regional Development, Rosen Plevneliev, will make the first groundbreaking of Lot 3 of the Trakiya Highway on Monday. The whole length of Lot 3, connecting the Bulgarian town of Nova Zagora and the city of Yambol, is 34,3 km. It will include two lanes in each direction. The executing company is the Greek “Aktor”, which has proposed BGN 133 973 907 for the construction. "Aktor" has also stated that they will not use subcontractors and will...


KNAUF LAUNCHES PLASTERBOARD PLANT IN BULGARIA

KNAUF LAUNCHES PLASTERBOARD PLANT IN BULGARIA

Topics: Construction

Knauf, the German supplier of construction materials, announced it has put into operation what is claimed to be the most up-to-date plasterboard plant in Bulgaria, located near the power complex Maritza Iztok. The company launched the construction of the plant in 2007 after qualifying for certification as First Class Investor by InvestBulgaria Agency, the local investment promotion authority. The plant will use each year 300,000 tons of the by-product from the flue gas desulphurisation...


BULGARIA SUCCEEDS IN SIGNING UP CHINA FOR JOINT INDUSTRIAL ZONE

BULGARIA SUCCEEDS IN SIGNING UP CHINA FOR JOINT INDUSTRIAL ZONE

Topics: Construction

Bulgaria has managed to generate interest with Chinese companies and authorities for the setting up of a joint large-scale industrial zone at Bozhurishte near its capital Sofia. The project, which was formally announced and approved by the Bulgarian government only last week, has been included in a special memorandum signed by Bulgarian and Chinese officials, the Economy Ministry has revealed. The Memorandum for Encouraging Bilateral Economic and Commercial Cooperation between the...


FRENCH COMPANY SAINT-GOBAIN WEBER BUILDS 2ND FACTORY IN BULGARIA

FRENCH COMPANY SAINT-GOBAIN WEBER BUILDS 2ND FACTORY IN BULGARIA

Topics: Construction

French company Saint-Gobain Weber started Wednesday the construction of its second factory in Bulgaria. The ground-breaking ceremony for the factory located near Izvorsko village, Aksakovo Municipality, close to Varna, was attended by Bulgaria’s Regional Development Minister Rosen Plevneliev. The second factory to be built by Saint-Gobain Weber in Bulgaria will also be producing dry construction mixes. Saint-Gobain Weber entered the Bulgarian market in 2001. In 2004, it opened its...



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