Fri, Feb 10 2012
Five companies have been invited by the Transport and Communications Ministry to participate in the tender for the construction of the second Bulgarian bridge over the Danube River.
The ministry invited to compete a joint venture between Germany's Hochtief, Spanish builder Obrascon Huarte Lain (OHL) and Spain's FCC. A consortium between France's Vinci and Bulgaria's Glavbolgarstroi and Moststroi and another consortium led by the German Zublin, Austria's Alpine Mayreder and France's Eiffel have also been invited to join the tender. The fifth invited bidder is a consortium of France's Bouygues, the Bulgarian Transstroi Varna and Italy's Rizzani de Eccher.
The project will connect the Bulgarian town of Vidin, in the north-west of the country, with the Romanian town of Kalafat, thus providing a second link over the Danube.
The bridge will have 1440m of roads and 2480m of railways. There will be a dual-track railway, a dual two-lane carriageway, a pedestrian strip and an emergency lane. The adjoining infrastructure is over 15km long and includes a new road linking the existing roads with the bridge and road junctures. The adjoining railway infrastructure is over 11.5km long.
The deadline for submitting bids is set at September 15 2006. As part of the procedure, Bulgaria has to hire a company to begin construction on the bridge, which should be ready by the end of 2009. The project will cost 236 million euro. A total of 70 million euro will be provided through loans from the European Investment Bank and another 60.7 million euro will come from financing by the Bulgarian Government.
In February 2005, Bulgaria and the European Commission signed a financial memorandum on the terms of an agreement under which the country will receive 70 million euro from the European Union's ISPA programme to build the bridge.
Germany's KfW has already provided a grant of two million euro and a loan of 18 million euro; Agence francaise de developpement provided a five million euro loan; and the EBRD lent 70 million euro. The Bulgarian Government has put up 60.8 million euro in co-financing. The total amount of money collected for the launch of the project is almost 226 million euro.
The company did not meet its 47 million revenue target last year due to infrastructural projects that were halted or postponed as funds from the European Commission were not processed. In 2009, however, Moststroi envisages increased possibilities.
The package will be discussed with the Association of Bulgarian Banks before the amendments are submitted to Parliament.
Debate at the half-day event will cover what has been achieved so far and what further can be done by the Bulgarian Government to support development of the market.
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Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.