Fri, Feb 10 2012

Turkey's Dogus Insaat, Trace Holding picked to build Sofia's second metro line

Tue, Jul 22 2008 18:11 CET 1044 Views

Turkish construction firm Dogus Insaat ve Ticaret and the Metrotrace consortium were picked to build Sofia's second metro line, Sofia mayor Boiko Borissov said on July 22, as quoted by website zagrada.bg. The offers were picked based on the price offered, with the lowest bids awarded the contracts, zagrada.bg said.

Dogus Insaat, the construction subsidiary of Dogus group, one of Turkey's biggest privately-owned business conglomerates, offered the lowest price on the 3.8km stretch between Nadezhda flyover and Patriarh Evtimii Boulevard, which will have four stations. The company offered 329.1 million leva to build the stretch.

Metrotrace, a consortium of companies from the Bulgarian construction group Trace Holding, wuoold build the 2.6km stretch between Patriarh Evtimii and Cherni Vruh boulevards, with three stations, for 142 million leva.

The combined costs, at 471.1 million leva, are some 85.9 million less than the lowest prices offered in the first tender earlier this year, Borissov was quoted as saying.

The bulk of the funding - 185.1 million euro, or 362 million leva - would come from European Union structural funds under operational programme for transport, which means that it has to be approved by the European Commission. The rest of the money would come from the Sofia and central government budgets.

Unless other bidders file appeals filed within the next 10 days, the city hall would move to sign contracts with the firms involved, investor.bg quoted Borissov as saying.

Construction work could start as early as September, Borissov added, as quoted by zagrada.bg, and would have to be completed within 45 months, which means that the second line of the Sofia metro should become operational in mid-2012.

Source: zagrada.bg
Published under creative commons license

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

More in this category

Average monthly salary in Bulgaria rose in Q4 2011, statistics institute says

In the fourth quarter of 2011, the average monthly salary increased to 727 leva, 4.9 per cent higher than in Q3, the National Statistics Institute says.

Global food prices rebound, FAO says

For the first time in six months, global food prices rose overall in January 2012, the UN Food and Agricultural Organisation said.

Bulgaria mulls tighter regulation of bank fees - updated

The package will be discussed with the Association of Bulgarian Banks before the amendments are submitted to Parliament.

Bulgarian ICT Watch event in March

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.

Movers and shakers

Selectivity, not popularity, is the driving force behind Sofia's most exclusive members' only club.

Appointments

British Council

British Council

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.

CEZ

CEZ

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.

BASF Bulgaria

BASF Bulgaria

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.

Rompetrol Bulgaria

Rompetrol Bulgaria

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.