Sat, Nov 21 2009

Of the 10 projects halted by Phare, three have been completed and are currently in operation and the rest are under construction. 15 new projects await tender procedures by the end of April 2009
Sofia prosecutors filed the bill of indictment against Vesselin Georgiev, the former head of the National Road Infrastructure Fund (NRIF), on January 15 2009, almost a year he was accused of in corruption in an investigation by Bulgarian-language weekly Kapital. In January 2008, the weekly reported that Georgiev was involved in a serious conflict of interest. His younger brother, Emil Georgiev, and the company he ran, Binder, had been assigned work worth 120 million leva of EU funds by the NRIF. Furthermore, Vesselin Georgiev himself was a former director at Binder.
A list of potentially "critical" sections of the highways around the country has been compiled and released to traffic police. That way snow-clearing equipment can be deployed on time and additional measures installed to "secure the safety and security of citizens", Ivan Atanasov the executive manager of the National Agency for Road Infrastructure, said.
All 21 public tenders for repairs of existing roads called under European Union operational programme Regional Development, worth a combined 320 million leva, have been cancelled, Dnevnik daily reported on October 23. The entire road infrastructure development programme has been put on hold until further notice, the new head of the National Road Infrastructure Agency (NRIA), Ivan Atanassov, said. The reason was that there were too many irregularities with the paperwork.
The National Road Infrastructure Agency (NRIA) will soon announce new tenders to choose companies to oversee the construction of the road from Kurdjali to Podkova and the connection of Hemus Highway with Sofia's ring road, the director of projects co-ordination department of the Transport Ministry, Nelli Yordanova, said as quoted by Bulgarian-language daily Dnevnik. Both projects amount to 64 million euro.
Two consortiums, comprising connected companies, are candidates for the reconstruction of the 47km long road from Kavarna to Dourankoulak, on the northern Black Sea coast, which leads to Romania. The candidates launched their bids on August 12 in the office of the National Road Infrastructure Agency. The two bidders are the Dourankoulak consortium, whose leading partner is Hidrostroy AD, and
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.
Before begining to build new roads monies would be better spent repairing and relaying the existing ones as they are an utter disgrace.