Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

CRRC abandons EUR 610 million Bulgarian train tender amid EC investigation

The photo is illustrative
Photo: pixabay

The European Commission has closed the investigation of a public procurement for the supply of Chinese trains to Bulgaria. This happened after the Chinese company CRRC Qingdao Sifang Locomotive Co withdrew from a public procurement tender organized by the Bulgarian Ministry of Transport and Communications. 

The public procurement tender concerns the purchase of 20 electric “push-pull” trains, as well as their maintenance over 15 years. The estimated value of the contract is around BGN 1.2 billion (EUR 610 million), Commissioner for Internal Market Thierry Breton said in a statement published on the Commission's website. CRRC Corporation Limited is a Chinese state-owned rolling stock manufacturer. It is the world's largest rolling stock manufacturer in terms of revenue. The Commission initiated an in-depth investigation due to suspicions that the Chinese company had received foreign state subsidies that "distorted" the internal European market.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Protest in Velingrad in support of farmers with flocks which tested positive for sheep and goat plague

A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..

published on 11/30/24 1:10 PM

EC gives Bulgaria 6 months to introduce necessary reforms under the Recovery and Resilience Facility, or it may lose EUR 653 million

Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..

published on 11/30/24 11:55 AM

Honey festival in Pleven attracts visitors from near and far

The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..

published on 11/30/24 10:09 AM