4.9 million is the number of passengers welcomed at Varna and Burgas airports last year which operate 35,000 flights by Bulgarian and foreign airlines.
Despite a 50 percent increase in traffic over the 2015-2018 period, the concessionaire of the two airports Fraport Twin Star Airport Management AD registered a 10.7 percent drop in passenger traffic at the two airports in 2019. The target for 2020 is to reverse this tendency and return to growth. That is why efforts are being invested in popularizing the Bulgarian Black Sea coast as a destination that will meet the requirements of the most demanding of customers. The concessionaire company of the two airports will, once again this year, be taking part in the travel fairs in London, Berlin and Moscow, and will hold many meetings with representatives of European and world airlines. Each one of them has its own criteria for adding one destination or another to the ones they are already offering. Leading criteria include the amount of interest in travelling to a given destination and the tourist potential of the region in question. Another important factor is whether the airline is able to fly there regularly.
The investments the concessionaire is planning for the airports in Varna and Burgas in 2020 amount to over 12 million Leva. Over the past 13 years it has invested over 395 million Leva.
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual..
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