Why Bulgaria is a Top Choice for New Businesses: Low Taxes and Qualified Labor
Bulgaria is emerging as a top destination for starting a new business, praised for its favorable conditions
Business | September 8, 2024, Sunday // 23:00
The Construction of the Balkan Stream Gas Pipeline Through Bulgaria Has Started (Video)
- Tweet
Send to Kindle
First video footage of the construction activities of the extension of the gas transmission network along the Balkan Stream line in the section from the Bulgarian-Turkish border to the Bulgarian-Serbian border. The shots are from the open construction site of the Knezha, Oryahovo and Iskar regions and were posted on Prime Minister Boyko Borissov's personal Facebook profile.
The pipeline route will pass through the lands of 11 districts of Varna, Shumen, Razgrad, Targovishte, Ruse, Veliko Turnovo, Lovech, Pleven, Vratsa, Montana, Vidin.
In April 2019 Bulgartransgaz EAD nominated the contractor Consortium Arcade as a contractor, with which it concluded a contract on 18.09.2019.
The total value of the signed contract for the implementation of the activities up to 615 calendar days is up to EUR 1.1 billion excluding VAT.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Army Salaries in Bulgaria to See Significant Increases from 2025
Starting from January 1, 2025, the minimum salary for military personnel in Bulgaria will be set at 2,300 leva
Bulgaria Leads EU in Producer Price Growth for July 2024
In July 2024, producer prices in the EU and the euro area saw an increase of 0.8% compared to June 2024
Over Half of Bulgaria's Unemployed Lack Professional Qualifications
More than half of the unemployed in Bulgaria lack professional qualifications, according to data from the Employment Agency
Business | September 7, 2024, Saturday // 12:33
Second Quarter Sees Bulgaria's GDP Rise by 2.1%, Industry and Services Lead Growth
In the second quarter of 2024, Bulgaria's gross domestic product (GDP) grew by 2.1% compared to the same period in the previous year
Bulgaria Boosts Air Defense with Germany's IRIS-T Systems While Supporting Ukraine
Bulgaria continues to support Ukraine in line with the decisions of its National Assembly
Sofia to Enforce Complete Ban on Wood and Coal Heating by 2029
Starting in 2029, heating with wood and coal will be entirely banned in Sofia
Bulgaria Secures Engineering Contract with South Korean and American Firms for Kozloduy NPP Expansion
In the coming two months, the company "Kozloduy NPP - New Powers" is set to finalize an engineering contract with a consortium comprised of South Korea's Hyundai Engineering and Construction and the American firm Westinghouse Electric Company.
Bulgaria Faces Continued High Electricity Prices
Electricity prices in Bulgaria remain the highest in the region as August progresses
Ukraine is Still Determined to Acquire Nuclear Reactors from Bulgaria
Ukraine remains committed to purchasing two Russian VVER(WWER-1000)-1000 nuclear reactors currently stored in Bulgaria
Turkey to Export Gas to Bulgaria Under New "Turkish Blend" Brand
Turkey is set to export natural gas to Bulgaria under a new brand called "Turkish Blend", which will include a mixture of gas from various sources
Bulgaria: Stara Zagora Secures 240 Million Leva Investment for Solar Panel Production Plant
The Bulgarian Council of Ministers has approved a Memorandum of Understanding with Smart Solar Technologies
