Ryanair Expands Operations from Bulgaria with 5 New Destinations
Ryanair has announced plans to base its fourth aircraft at Sofia Airport and introduce flights to five new destinations this summer season
Turkish Limak Holding, Russian VTB Capital and Swiss Flughafen Zuerich will bid jointly for the rights to operate Sofia Airport for 35 years, reported Reuters.
In September, Bulgaria extended the deadline for the tender offers by one month until November 18 due to increased interest in the tender.
The Bulgarian government expects the tender for the main airport in Sofia to yield proceeds of about BGN 1.2 B.
Limak Hoilding is one of the investors constructing the third airport in Istanbul. In April, Limak won the right to finish the construction and operate for 25 years Blaise-Diagne Airport in Senegal.
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Bulgaria’s prospects for joining the euro in 2025 have been bolstered by a cooling annual inflation rate, which dropped to the eurozone average of 2.4% in April, marking its first dip below 3% since the summer of 2021
Many Bulgarian consumers are raising concerns about the resale of goods from Chinese sites like Temu and Shein at higher prices in Bulgarian physical and electronic stores
Coastal hoteliers are increasing employee wages by at least 20% to address the staff shortage
In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
The Simeonovo lift, located on Vitosha Mountain, has ceased operations permanently due to unavailability of necessary parts
In 2023, the adoption of electronic business applications among enterprises in the EU varied considerably based on their size
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU