Severe Road Conditions in Bulgaria Due to Low Temperatures, Strong Winds
Road Conditions in northeast Bulgaria remain severe.
4 Bidders Left for Supervision of Bulgaria's 'Trakiya' Highway Construction
Business | June 16, 2010, Wednesday // 18:43
- Tweet
Send to Kindle
The supervisor for the construction of Lot 3 of Bulgaria's "Trakiya" highway will be announced in two weeks. Photo by BGNES
Four out of 12 candidates will continue in the competition for constructions supervision of Lot 3 of Bulgaria's “Trakiya” Highway.
“Put Invest Engineering JSC”, “Ruteks”, “Trakiya” and “T7 Snik” are the four applicants that have gained equal points from the first round of the competition, which focused on the technical offers.
The tender will be won by the company demanding the lowest price for its services. The result is expected to be announced in two weeks.
The lowest bid of BGN 897 700 was submitted by the union from the Bulgarian city of Plovdiv, “T7 Snik”, while the Sofia “Put Invest Engineering JSC” proposed the highest bid of BGN 1.050 M.
The other eight companies that did not pass the first round of the tender had submitted documents which did not meet the requirements or contradicted Bulgaria's Public Procurement Act.
The supervision of the construction of Lot 3 of Bulgaria's “Trakiya” Highway is supposed to last for 27 months. Last week, the Greek company “Aktor” was declared the winner in the tender for the construction of Lot 3, placing the lowest price offer of BGN 111.6 M.
The construction of the 35.7 kilometers of Lot 3 of Bulgaria's “Trakiya” highway would link the town of Nova Zagora and the city of Yambol.
Related Articles:
EC: Bulgaria Needs to Improve Labour Policies, Insolvency Proceedings
The European Commission recommended on Wednesday that Bulgaria take action to address several areas of macroeconomic imbalances in 2016 and 2017.
C-Bank Governor: Bulgaria's Banking System Is Stable
The governor of the Bulgarian National Bank (BNB), Dimitar Radev, assured that the country's banking system is stable as a whole.
Moody’s: Bulgaria’s Banking Sector Is on Slow Path to Recovery After 2014 Crisis
Constantinos Kypreos, Vice President – Senior Credit Officer at Moody’s Investors Service, argued that the Bulgarian banking system is on a slow path to recovery after the crisis experienced with the collapse of Corporate Commercial Bank (KTB) in 2014.
Business | November 3, 2015, Tuesday // 20:07
'Bulgaria's Oligarchs Are the Politicians,' KTB Owner Vasilev Says
Commenting on the collapse of Corporate Commercial Bank (KTB), which was once Bulgaria's fourth-largest lender and of which he was the majority owner, Vasilev criticized Prime Minister Boyko Borisov for missing the "historic opportunity" to restore KTB to
Forbes Presents Story of Former Owner of Bulgaria's Collapsed Corpbank
In an article published in Forbes on Monday, Francis Coppola presents the story of the former owner of Bulgaria's Corporate Commercial Bank (KTB) – Tzvetan Vassilev.
Bulgaria: Over 2 Million Retirees to See Pension Increase in 2026
Pension insurance contributions will not increase in 2026, while pensions themselves will be updated from 1 July under the Swiss indexation formula, resulting in an expected rise of 7–8%.
Digital Euro Key to Europe’s Financial and Strategic Autonomy, ECB and Commission Officials Say
The digital euro is a crucial tool for strengthening Europe’s financial and strategic independence and will complement physical cash amid the rapid digitalisation of payments.
European Commission Opens Antitrust Probe into Google’s Use of Content for AI Training
The European Commission has launched a formal antitrust investigation to determine whether Google has violated EU competition rules through its use of content from web publishers as well as material uploaded to YouTube for the development and training of
Bulgaria Leads EU in Retail Growth with 7.4% Annual Increase in October
Bulgaria continues to show strong performance in retail trade
Business | December 9, 2025, Tuesday // 08:52
VAT and Corporate Tax Revenues Significantly Lag Behind Budget Plans
With two months left until the end of the year, the collection of some of the main taxes is significantly lagging behind the targets set in the budget.
What Changes When Bulgaria Switches to the Euro Next Year
Beginning on January 1, 2026, Bulgaria will adopt the euro as its official currency
