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.
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
+359 2 9336 661