Sat, Nov 21 2009

Freight terminal in Svishtov port is expanded

Mon, May 25 2009 11:12 CET byNick Iliev 912 Views
Freight terminal in Svishtov port is expanded

The freight complex in Svishtov port has been upgraded with new storage facilities designed to accommodate large containers and new processing units. The overhaul has now been completed and the new compound will be operational on Monday, May 25, investor.bg has reported.

A new railway line is also currently under construction designed serve the east zone of the port. So far, that rail project has absorbed an investment of more than five million leva.

The new terminal centre on the Danube river is strategic because it is the closest docking and distribution area for cargo destined for Sofia, Plovdiv and Stara Zagora as well as most of central and northern Bulgaria. Consequently, that makes the container service and distribution service in Svishtov the cheapest in Bulgaria, reaching most of the country.

Svishtov port, which serves most of northern, central and even southern Bulgaria, is likely to expand its operational capacity in the future, as interest emanating from Macedonia and Kosovo has increased substantially, the report says.

Both countries have used the Thessaloníki port until now, but they have reportedly faced growing obstacles and so they're seeking a cheaper and more reliable alternative.

Write comment

Name:Comment:

Generate new code
Send your comment
Rousse Shipyards lays off 800 employees indefinitely

Company says that the measure is only temporary, insisting that there will be a stable market in future.

Greece and Bulgaria will have two common stations on the frontier

As the Sofia Echo reported last week, the document between the Bulgarian and Greek ministries of transport has been finally signed, giving the green light for the construction of two common train stations on the frontier which will ease passenger and freight traffic across the border.

Greek drivers block Bulgarian border

The Bulgarian-Greek border is blocked for the second time in a month, this time by lorry drivers.

More in this category

EC suing Bulgaria for Sofia waste disposal failure

The European Commission is taking Bulgaria to court for delays in providing Sofia with adequate waste disposal facilities.

US ambassador-designate Warlick addresses senate confirmation hearing

James Warlick is the spouse of Mary Warlick, director of the office of Russian affairs at the US state department, who has been nominated to serve as ambassador to Serbia

Bulgaria declares flu epidemic at an end

Bulgaria’s Health Ministry announced on November 20 2009 that the flu epidemic declared two weeks earlier is at an end as rates of infection decline. The announcement coincides with reports of two deaths from A (H1N1) flu in Bulgaria.

Bulgarian prosecutors to investigate Dogan’s real estate deals

Acting on allegations by Democrats for a Strong Bulgaria leader Ivan Kostov, prosecutors and Government officials are to probe deals by which Movement for Rights and Freedoms leader Ahmed Dogan acquired various properties.

Sofia prosecutors charge Bulgaria’s former defence minister Nikolai Tsonev

Prosecutors allege that a deal agreed by the former defence minister caused losses of 12.9 million leva.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.