Concession
Roadblocks in Egnatia Odos concession
The concession of the Egnatia Odos highway to GEK Terna for a period of 40 years is expected to be completed in March.
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One-bid tenders are the norm
More than three out of every seven public contracts are awarded following procedures in which there was only one tender, and even when there is more than one tender the average per procedure is only 2.6 participants.
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Concession Procedure for Plovdiv Airport Terminated
The existing procedure for concession of the airport in Plovdiv will be terminated next week, announced the caretaker Minister of Transport, Information Technologies and Communications Georgi Todorov.
The reason for the termination is that there is no interest in this concession and no candidate has appeared, although the deadlines have been extended several times.
Payment of Concession Fees for Sofia Airport Postponed for Ten Years
The concessionaire of Sofia Airport will be able not to pay the state the annual fees for ten years.
This amendment to the concession contract of our largest airport approved the government on the proposal of the Minister of Transport Rossen Zheliazkov.
Montenegrin Government Takes Tough Line on Harmful Hydropower Plants
On February 7, the Montenegrin government said they terminated concession contracts for seven hydro plants in the northern part of the country, stressing that five of the investors already filed lawsuits against the state. The Government said they will have to pay compensation to investors, accusing former authorities of making spontaneous hydropower construction planning.
Albanian Govt Plan to Secretly Extend Airport Contract Condemned
The Albanian government under Prime Minister Edi Rama has secretly proposed to extend the contract for the private management of Tirana International Airport from 22 to 35 years, parliamentary submissions show.
Government signs 57.5-million-euro deal for Alimos marina
The 57.5-million-euro concession agreement to use and exploit the marina of Alimos, in southern Athens, for a duration of 40 years was signed on Wednesday with Aktor Concessions.
The value of the agreement amounts to at least 177 million euros, including an up-front fee, an annual concession fee and a revenue-sharing expressed as a percentage of the marina's annual turnover.
Eldorado Gold seeks a new plan
Eldorado Gold is seeking to make substantial changes to the contracts for the mines in Halkidiki, while searching for a strategic investor that will help share the cost of an investment plan that is proving too expensive for the Canadian company to undertake on its own.
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PPC is now having second thoughts over DEDDIE sale
Public Power Corporation appears quite reserved about the privatization of the Hellenic Electricity Distribution Network Operator (DEDDIE), at least according to the position expressed during the consultation process.
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What is the Average Price for a Stay under an Umbrella on the Bulgarian Beaches?
Tourism Minister Nikolina Angelkova announced during parliamentary scrutiny that for a total of 143 managed beaches, the average price for a stay under an umbrella is about BGN 6.50 and for a sunbed - about BGN 5.60.