Bulgarian Parliament Voted for Two New Naval Vessels

Politics » DEFENSE | July 19, 2018, Thursday // 13:17| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Bulgarian Parliament Voted for Two New Naval Vessels

Today, Parliament will discuss the updated project to acquire two multi-purpose modular patrol vessels for the Navy. The previous project failed after in December the only company that filed documents and won the bid for two ships changed its mind and got out of the deal.

"The aim of the project is to acquire two multi-purpose modular patrol vessels capable of engaging in a wide range of NATO and EU maritime operations to replace part of the Russian-made vessels that are not subject to modernization available in the Navy," the government announced at the reception of the decision.

The investment project's update is at the maximum estimated cost. It has risen since December with BGN 164 million to BGN 984 million with VAT. The difference from the project adopted in 2016 by the National Assembly is allocated for payment in 2025 and 2026. The reason for the appreciation and the failure of the previous project is a change in the VAT Act, which came into force in January 2017.

Defense » Be a reporter: Write and send your article
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria