Suspected Virus Outbreak Hits Bansko Amid Water Contamination Fears
Cases of acute gastrointestinal illness continue to be reported in Bansko
Bulgaria's Mineral Water Concessions Generate Meager Revenues
Business | April 20, 2011, Wednesday // 20:02
- Tweet
Send to Kindle
Bulgaria's making neglible sums out of the concessions of mineral water springs. Photo by BGNES
Bulgaria's Environment Ministry made BGN 2.259 M in 2010 from the much celebrated concessions of mineral water sources around the country.
The modest 2010 revenues came from the 26 concessions of a total of 40 mineral water springs amidst public debate on the use of Bulgaria's substantial mineral water resources.
Various experts and state and municipal officials have been pointing to their untapped potential as a source of wealth for many poor Bulgarian municipalities.
In April 2010, exactly a year ago, Environment Minister Nona Karadzhova announced the intention of her institution to authorize local authorities to offer on concession about 60 mineral water springs (out of a total of 102 springs in Bulgaria), which are currently not being utilized.
The 2010 revenues from mineral water concessions are about the same as those in 2009 – about BGN 2.5 M even though a year ago the Environment Ministry predicted that the 2010 returns will reach BGN 3.06 M.
In 2010, the Bulgarian Ministry of Environment and Waters got another BGN 221 000 from the Yulen company for the concession of a ski zone near the winter resort Bansko which is part of the Pirin National Park.
Related Articles:
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
Bulgarians Prefer Digital Payments for Winter Holidays at Ski Resorts
A recent survey by digital payments company Visa reveals that most Bulgarians planning a winter vacation prefer to pay digitally at ski resorts
Fatal Skiing Incident in Bansko: Man Collides with Trees on Slope
A man has died while skiing in the Bansko resort located in the Pirin mountains
Big Tax Increases for 2025! See What’s Changing in Your Municipality
Several Bulgarian municipalities have adjusted their local taxes and fees for 2025
Society | January 11, 2025, Saturday // 11:04
Skiing Triumph: Albert Popov Ends Bulgaria’s 45-Year World Cup Wait
Albert Popov has achieved a historic milestone in Bulgarian alpine skiing, securing his first World Cup victory in the night slalom at the Italian resort of Madonna di Campiglio
Sports | January 9, 2025, Thursday // 09:13
Thousands of Bulgarians with Real Estate in Greece Face Tax Inspections
The National Revenue Agency (NRA) has launched a large-scale inspection targeting thousands of Bulgarian citizens who own real estate abroad
Bulgarian National Bank to Launch First Euro-Denominated Gold Coins in 2026
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
This Was Just a Warm-Up: What Bulgaria Must Tackle After Joining the Eurozone
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
Bulgaria Earns First-Ever High Investment Grade Rating from Scope Ratings
Scope Ratings has upgraded Bulgaria’s long-term credit rating from ‘BBB+’ to ‘A-’ in both local and foreign currency terms
Business | July 13, 2025, Sunday // 09:12
Property Prices and Demand Surge Ahead of Bulgaria’s Euro Adoption
For more than two decades, real estate in Bulgaria has been offered primarily in euros, a practice familiar to both buyers and sellers
Gas Deal Disaster: How Bulgaria Ended Up Paying Millions for Unused Turkish Transit
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
