Distribution

The World Bank is ready to extend up to $200 million for projects that will boost transport and trade links between Western Balkans countries, its chief executive officer Kristalina Georgieva said on Thursday.

Logistics is one of the most important industries for world trade. A development in logistics directly influences all markets around the globe. Thousands of planes, ships, trucks, and other vehicles are carrying your next living room furniture or your next meal from remote corners of the world to the store next to your house. 

President Rumen Radev made a statement on Thursday announcing that he has imposed a veto on the Concessions Act adopted by Parliament in the last few working days of the 43rd Parliament.

Attica is not the only Greek region where drivers frequently get less gasoline at the pump than the amounts they pay for.

A December survey by the National Technical University of Athens conducted in Thessaloniki, Patra and Volos showed that one in nine gas stations (11 percent) pumped up to 10 percent less fuel into their customers' vehicles than what they paid for.

The Bulgarian Food Safety Agency (BFSA) has recalled 8,269 bottles of vinegar from the commercial network.

The acidic products are not harmful but the information on the label is misleading customers.

According to a study conducted by the Athens Polytechnic, petrol stations in Attica short change consumers to the tune of 14.5%.

More than one in seven gas stations in Greece, or 15 percent, deliver less fuel to their customers for their money, according to a university study, while another report showed that hikes in the special consumption tax on fuel will likely mean that the revenue target will not be met next year.

The commission for the selection of a concessionaire for the construction and management of public bicycles in Sofia has opened the documents of four participants: Metropolis Group AD offering annual concession payment of EUR 63,920.87 for a 9-year concession, SOBike DZZD with annual concession payment of EUR 80,000 for a 10-year concession, Velo Archer Sofia DZZD offering EUR 111,111.11 for a

Bulgaria has opened a tender for granting a 35-year concession on Sofia International Airport.

The future concessionaire will be required to pay a one-off concession fee of at least BGN 550 M (EUR 281 M), VAT excluded, plus an annual fee of at least BGN 9.96 M for the term of the concession.

A human chain of around fifty people stopped the demolition of one of the buildings of the former tobacco warehouses in the Bulgarian city of Plovdiv on Monday.

The demolition began on Sunday and caused a major outcry and discontent in the city, with many architects, public figures and citizens protesting it.