The Ministry of Transport has opened the procedure for the concession of Sofia Airport. The term of the concession is 35 years and prospects are expected to offer at least 550 million leva (275 million euro) in a one-time payment at the beginning and 5% of the airport’s revenues as an annual fee. The basic requirements for the bidders include experience as operator of at least one international airport with at least 6 million passengers annually, experience in airport infrastructure construction and guarantees for financing. The concessioner is also obliged to carry out investments worth 150 million euro for a term of 35 years.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Mostly Cloudy
Cloudy
Overcast, rain
Partly cloudy, chance of rain
Partly Cloudy