News archive of August 2019

Grigor Dimitrov Qualified for the US Open Semifinals

For the third time in his career, Grigor Dimitrov qualified for the semifinals of the last US Grand Slam tournament. On Friday, the Bulgarian beat the Polish qualifier Kamil Majchrzak with 3-0 sets after almost 140 minutes on the court.

He has reached this stage of the tournament in 2014 and 2016, and even as a teenager he even won this race.

Moody's Raised the Outlook for Bulgaria's Credit Rating

Moody's Investors Service raised the outlook for Bulgaria's credit rating to positive from stable and affirmed the country's long-term foreign and local currency Baa2 rating. This was announced by the finance ministry.

Dancila, in PSD's CExN meeting beginning: We won't leave governance; I won't resign

The Social Democratic Party (PSD) will not leave the governance, Prime Minister Viorica Dancila said on Saturday, in the beginning of the PSD National Executive Committee (CExN) meeting. The PSD leader announced that one of the main points on the CExN meeting agenda is concerned with the governance. "You very well know the current situation.

Sofia Airport: Bulgaria Appoints Meridiam/Munich Airport Consortium

The result of a long-running procedure to find a concessionaire for Sofia Airport in Bulgaria has concluded, with the award being made to a consortium. Following a 90-day tender evaluation, Bulgaria's Ministry of Transport (MoT) has selected a consortium comprising Munich Airport GmbH and the asset manager Meridiam to operate and manage Sofia Airport for 35 years under the consortium name 'Sof

Croatia's Končar KET to Refurbish HPP Vacha in Bulgaria

A consortium comprising Croatia's Končar KET and Czech ČKD Blansko Holding has signed a contract to refurbish the 14 MW hydropower plant (HPP) Vacha-1, the accompanying 110 kV switchyard, and other auxiliary systems at the HPP, in cooperation with the Bulgarian state power utility Natsionalna Elektricheska Kompania (NEK EAD), Končar KET has said in a press release.

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