Belvedere Holiday Club - Bansko - Block 4

Belvedere Holiday Club - Bansko - Block 4

Alpen - NoNaMe - Bansko

Alpen - NoNaMe - Bansko


01.3.2024
Bansko Skiing Zone Concessionaire Presents to Environment Minister Conceptual Design for New Ski Gondola
Sofia, January 4 (BTA) - Meeting with Environment Minister Neno Dimov and the Mayor of Bansko on Thursday, officials of Ulen, the company running the Bansko skiing zone, presented a conceptual design for a second...

The first 20 years Max Consult.BG Ltd., Congratulations! 02.6.2023
The first 20 years Max Consult.BG Ltd., Congratulations!

UPDATED Bulgaria\'s First Floating Solar Power Plant Project Unveiled in Sofia 07.3.2023
UPDATED Bulgaria's First Floating Solar Power Plant Project Unveiled in Sofia
SOFIA, 07.03.2023 08:31 | UPDATED 07.03.2023 11:32 (BTA) A major project for building Bulgarias first floating solar power plant was presented in Sofia on Tuesday. Construction of the plant in the water area...


Weather/BNB fixing 13.04.24

20° Sofia 21° Plovdiv
20° Burgas 17° Stara Zagora
21° Varna 20° Rousse
CHF 1.59816 GBP 2.31651 USD 1.4962
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Contractor Building Greece-Bulgaria Interconnector to Pay Full Forfeit for Delayed Construction

Contractor Building Greece-Bulgaria Interconnector to Pay Full Forfeit for Delayed Construction

18.2.2023
SOFIA, 17.02.2023 13:45 (BTA) The Energy Ministry together with the management of ICBG AD held negotiations with the contractor building the Greece-Bulgaria Gas Interconnector project. It was agreed that the full amount of forfeit due to ICBG AD will be paid, the Energy Ministry said in a press release. This agreement marks the end of several months of tense negotiations, Energy Minister Rosen Hristo said, noting that the Greek side was demanding tens of millions related to additional construction activities and the rise in prices, while the Bulgarian side has demands related to compensations for the delay in construction. In Hristov's words, the success is the result of the exceptional technical and legal preparation on all matters of dispute, as well as the transparent and construction approach to the defence of Bulgaria's position. The active negotiations resulted in an agreement fully defending the interests of ICGB and Bulgaria. The contract with Greek company AVAX is subject to indexation in accordance with the Public Procurement Act and the procedure applicable to all inflation- and COVID-affected contracts. AVAX withdraws all its demands and commits to pay the compensation for the delay. The agreement prevents a subsequent potential arbitration case, Hristov explained. The ICGB company said the details remain confidential information but express satisfaction with the friendly solution to the dispute and the agreements reached, which successfully defend the operator's interests. The agreement is to be approved by share holders in ICGB, the Energy Ministry writes. /DS/ DIMITRINA SOLAKOVA, The meeting between Energy Minister Hristov (middle) and ICGB management (Energy Ministry Photo), source: https://www.bta.bg/en/news/economy/409246-contractor-building-greece-bulgaria-interconnector-to-pay-full-forfeit-for-delay
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