Bulgartransgaz may issue bonds or take out a bank loan in the first six months of the year to finance the construction of the transit 484 kilometer new gas pipeline. The project is estimated at 1.2 billion euro. There is a third financing option – through leasing which Bulgartransgaz will pay off from transit fees.
“We have never regarded this pipeline as a Bulgarian section of TurkStream because it is an extension of our gas transmission system,” said the company’s Executive Director Vladimir Malinov.
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..
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