Bulgaria’s Wildfire Battle: Pirin Blaze Enters Day 21 as Kardzhali Forests Burn
Firefighting operations in the Pirin Mountains have entered their twenty-first day, with crews still battling active flames on two fronts
The premises of the Kardzhali-based Lead and Zinc Complex (LZC, OTZK), photo by BGNES
Three companies will compete in the final stage of the tender for selecting a main contractor for the construction of a new zinc plant in Bulgaria's southern city of Kardzhali.
French Onet, Canadian SNC Lavalin, and Australian Ausenco filed bids within the deadline after conducting preliminary inspections of the site.
The bids for the construction of a new zinc plant are yet to be reviewed and discussed with the investor, Sofia-based company Harmony 2012 Ltd.
In September 2012, Harmony 2012 bought a part of the assets of Bulgaria's largest bankrupt non-ferrous metal producer, the Kardzhali-based Lead and Zinc Complex (LZC, OTZK), for BGN 8.6 M.
The previous owner of OTZK, Valentin Zahariev, had failed to cover loan installments and pay workers' salaries.
Ivan Elkin, manager of Harmony 2012, voiced plans to build a new zinc plant.
He made clear Thursday that the main contractor tasked with building the new factory in Kardzhali would be selected on the basis of three key criteria – technology, price and completion term.
All three bidders are leaders in the sector.
The Bulgarian National Bank announced extended operating hours at its cash desks today and on Saturday, December 20, in response to heightened public demand
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable
At the turn of the year, Bulgaria is preparing to enter 2026 without an approved state budget
In Bulgaria, the common perception that investing is reserved for the wealthy remains widespread, but recent analysis by Freedom24 shows that households can begin investing with modest amounts of 50–100 BGN (approximately €25–50) per month
The three leading telecommunications operators in Bulgaria inject more than 640 million BGN (≈327 million EUR) annually into the development of networks and services
The euro has been in use since 1999 as a non-cash accounting unit and since 2002 as physical currency.
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