The Ministry of Transport has opened the procedure for the concession of Sofia Airport. The term of the concession is 35 years and prospects are expected to offer at least 550 million leva (275 million euro) in a one-time payment at the beginning and 5% of the airport’s revenues as an annual fee. The basic requirements for the bidders include experience as operator of at least one international airport with at least 6 million passengers annually, experience in airport infrastructure construction and guarantees for financing. The concessioner is also obliged to carry out investments worth 150 million euro for a term of 35 years.
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
''Only two bridges connect Bulgaria and Romania along our 475-kilometer shared river border – this is a transport shortfall and a new 'Iron Curtain' within the European Union'', said Bulgaria’s Deputy Premier and Minister of Transport and..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
Russia’s Deputy Minister of Foreign Affairs Alexander Grushko stated that Moscow has not held talks regarding a possible overflight of President..
Russian spies and hard-left humanitarian groups are working with people smugglers to food Europe with illegal migrants, wrote '' The Times'' , quoting..
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