Sat, Nov 21 2009
Danish company Greentech will invest a total of 180 million euro in wind turbines in Bulgaria.
The company plans to construct 118 turbines in the Stara Planina Mountain, ipo.bg reported.
Greentech had already agreed with Chiprovtsi municipality on the construction of more than 60 wind turbines in the region.
The company will see to the construction of infrastructure in the region and the creation of work places for the local population.
The project has to be complete by the end of 2010.
Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.
Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector
Kremikovtzi’s prospects for a recovery plan appear increasingly distant
Bulgarians are getting the hang of debit and credit cards, MasterCard says
The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.