Thu, Feb 09 2012
KEY LINK: When completed, the 1971m long Danube Bridge 2 will become a part of European Transport Corridor IV between Dresden in Germany and Istanbul in Turkey.
Photo: Assen Tonev
Bulgaria is posed to enter the Schengen area in 2011, at which point the importance of the Danube Bridge will increase further, minister says.
The Bulgarian Government is currently negotiating for yet another loan from the European Investment Bank (EIB) for additional financing along the framework of the Ispa pre-accession aid programmes
About 60 million euro will be invested directly in the regional economy of Vidin region in northwestern Bulgaria during that Danube Bridge 2 is being built to link the town to Calafat in Romania, weekly Stroitelstvo Gradut reproted. The direct investments will come as building materials, fuels, equipment, machinery, manpower and their kit. The bridge itself and the adjoining its infrastructure, including works on the Romanian side, is 274 million euro, of which 226 million are on the Bulgarian side.
The bridge over Danube River that will link the Bulgarian town of Vidin and Calafat in Romania is still on track to meet its April 2010 deadline, Bulgaria's Transport Minister Petar Moutafchiev said on August 28 2008, as quoted by Focus news agency. The project is currently six months behind the schedule, caused by additional geological and archaeological surveying that Spain's Fomento de Construcciones y
Spain's Fomento de Construcciones y Contratas (FCC), hired to build a bridge spanning the Danube at Vidin-Calafat, has requested an extension to the project deadline and an increase in the implementation costs, a Transport Ministry official has said. The building contractor said the reason for its demands were the additional geological studies it had to make, changes to the project and delays in the expropriation of
Analysts say ČSA restructuring will be much less risky.
Under the terms of the agreement, Globul will offer the club’s fans in Bulgaria access to exclusive Manchester United news, interviews, special features and other content over its mobile network.
The switch to digital television broadcasting in Bulgaria cannot progress before a transition plan is approved
Bulgarian Government doing its best to drive strategic investors away from BDZ Cargo privatisation
Services at several banks in Bulgaria were disrupted because of the network disruption which lasted several hours on February 6 2012.

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.

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.

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.
Infrastructure in Bulgaria is key to its economic growth. I am sure hoping that the newly elected GERB party leader and his cabinet will get on the work and finish all the projects that have been shelved, because of crisis and so on. Work and investments will create more work, after all people are the ones who create that slow down in world economy and the very same people can get the world out of it. I know easier said then done, but the world has to start moving again, people are scared and they just don`t want to spend [...]
Read the full comment and enjoy, WHY?, because the big giants of a corporation are doing all that restructuring a little to late. Get on it and start working on the BG infrastructure.
Toronto