Plovdiv Airport Set for Concession as Bulgaria Eyes Aviation Privatization
Deputy Prime Minister and Minister of Transport and Communications, Grozdan Karadjov, announced that a concession procedure for Plovdiv Airport will soon be initiated
Bulgaria has extended for a second time the deadline to submit offers for the concession the government seeks to grant on Sofia Airport, the country's biggest airport.
Candidates can now send their offers before December 15, upon a decision approved on the last workday before the November 06 presidential elections, which was Friday, November 04.
The new deadline is December 14, at 17:00, news website Mediapool quotes Transport Minister Ivaylo Moskovski as responding to an inquiry it has made.
There are no expectations for the procedure to go be over by the end of 2016, Moskovski has added, also citing "big interest" among candidates, with 1000 questions posed to the ministry by potential bidders.
Announced in May, the concession procedure was temporarily brought to a halt over a court claim by a consortium that had built one of the airport's runways. However, a court turned down the claim, renewing the procedure.
Last week, reports emerged that a consortium of several companies, including Turkish Limak Holding, Russia's VTB Capital, and Swiss-based Flughafen Zuerich, would make a joint bid to operate the airport.
Sofia continues to dominate Bulgaria's housing market, securing the top spot for the third consecutive year in the construction of large residential properties.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
Bulgarian MPs in a temporary road safety committee supported a proposal to deny annual car inspections (GTP) to drivers with unpaid traffic fines.
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Bulgaria has accelerated in embracing digital technology, with 84% of its population actively involved on the internet.
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International.
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