Bulgaria’s Ministry of Finance announced that an inspection conducted by Public Financial Inspection Agency found serious violations in the completion of Hemus motorway. A contract between the Road Infrastructure Agency and Avtomagistralli EAD for the completion of Lots 7, 8 and 9 of Hemus Motorway to the tune of EUR 690 million excluding VAT was subject to inspection.
The inspection found that the estimated prices were inflated by more than EUR 9 million. Prices for various materials and construction works on the above-mentioned lolts of the motorway were also inflated. The inspection also found that the Public Procurement Act had been circumvented during subcontracting of construction works by Avtomagistral EAD under 15 design contracts.
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim Burgas . Yesterday, the Financial Times, citing its own sources, reported that Russian energy giant..
Bulgarian politicians took to social media to congratulate Donald Trump on his election as President of the United States. President Rumen Radev was among the first Bulgarian leaders to tweet congratulations to Donald Trump on his election..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President Rumen Radev at the solemn celebration of the Metallurgist's Day in Sofia, which was held under the..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny..
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