Severe Road Conditions in Bulgaria Due to Low Temperatures, Strong Winds
Road Conditions in northeast Bulgaria remain severe.
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.
The International Monetary Fund (IMF) has revised its forecast for Bulgaria’s economic growth, predicting a slowdown to 2.5% in 2025
According to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals, one-third of Bulgarian hoteliers are planning a modest price increase of about 10%
Sofia Municipality is set to implement a revised framework for managing its municipal housing stock by introducing two distinct rental categories
Following its earlier confirmation of Bulgaria's credit rating at Baa1, Moody's has revised the outlook for the country's banking sector from stable to positive
Bulgarian garment companies are struggling to find new markets due to the recent increase in tariffs on industrial goods under Donald Trump’s administration
Tourism in Bulgaria has made significant strides toward recovery in 2024, though it still hasn't returned to pre-pandemic levels of 2019
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase