"Bulgartransgaz" has announced a public procurement for "Organizational planning, investment design, supply of necessary materials and equipment, construction and commissioning of new facilities for the expansion of the gas transmission infrastructure with the aim of increasing the capacities at the interconnection points Kulata - Sidirokastro and Negru Voda - Kardam".
The estimated value of the public procurement is EUR 295,665,000 excluding VAT. The expansion will enable Bulgartransgaz to achieve the Vertical Corridor's goals of diversification and improving security of supply by transferring additional quantities of natural gas from south to north. The initiative of the gas transmission operators of Bulgaria, Greece, Romania, Hungary, Slovakia, Ukraine and Moldova was approved by the parliament on March 14, 2024.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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