"Bulgartransgaz" has announced a public procurement for "Organizational planning, investment design, supply of necessary materials and equipment, construction and commissioning of new facilities for the expansion of the gas transmission infrastructure with the aim of increasing the capacities at the interconnection points Kulata - Sidirokastro and Negru Voda - Kardam".
The estimated value of the public procurement is EUR 295,665,000 excluding VAT. The expansion will enable Bulgartransgaz to achieve the Vertical Corridor's goals of diversification and improving security of supply by transferring additional quantities of natural gas from south to north. The initiative of the gas transmission operators of Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova was approved by the parliament on March 14, 2024.
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
+359 2 9336 661