Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

CRRC abandons EUR 610 million Bulgarian train tender amid EC investigation

The photo is illustrative
Photo: pixabay

The European Commission has closed the investigation of a public procurement for the supply of Chinese trains to Bulgaria. This happened after the Chinese company CRRC Qingdao Sifang Locomotive Co withdrew from a public procurement tender organized by the Bulgarian Ministry of Transport and Communications. 

The public procurement tender concerns the purchase of 20 electric “push-pull” trains, as well as their maintenance over 15 years. The estimated value of the contract is around BGN 1.2 billion (EUR 610 million), Commissioner for Internal Market Thierry Breton said in a statement published on the Commission's website. CRRC Corporation Limited is a Chinese state-owned rolling stock manufacturer. It is the world's largest rolling stock manufacturer in terms of revenue. The Commission initiated an in-depth investigation due to suspicions that the Chinese company had received foreign state subsidies that "distorted" the internal European market.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Burgas hosts an exhibition entitled ''The Buckles – a Universe of Signs''

The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today at 5:30 pm at the Ethnographic Museum on 69 Slavyanska Street, features over thirty samples of..

published on 7/3/24 6:10 AM

Orange code for dangerous rainfall issued for 7 central Bulgarian districts

An orange code warning for dangerous precipitation has been issued for seven districts in Central Bulgaria. From midnight on Wednesday, precipitation and the risk of hail will move from the west to central and south-western Bulgaria. After noon, the..

published on 7/2/24 7:05 PM

Bulgarian Posts to receive €25m state aid approved by the EC

BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability.  Bulgarian..

published on 7/2/24 4:50 PM