EC Approves Funding For Plovdiv-Burgas Railway

The European Commission said on Thursday that it has approved 293 million euro ($331 million) in Cohesion Fund financing for an upgrade of a 293-km railway connecting Plovdiv, Bulgaria’s second largest city, to Burgas, on the Black Sea coast.

“Thanks to this EU-funded project, Bulgarian people will enjoy shorter travel time and increased safety. Because this project promotes clean mobility in the country, they will also ultimately benefit from better air quality,” Corina Cretu, commissioner for regional policy, said in a statement.

The project will reduce travel time for both passenger and freight transport by 40 minutes, as trains will be able to reach speeds between 130 and 160 km/h.

The project also envisages improvements to safety through new signalling and telecommunications systems, as well as the replacement of the existing level crossings by 29 overpasses, a pedestrian bridge and an underpass.

The Plovdiv-Burgas railway section is part of the Orient/East Med corridor of the trans-European transport network, connecting Central and Southeast Europe.


Read More

Passenger Car Market In EU Grew By 8.7% In October

In October 2019, the EU passenger car market grew by 8.7% to reach 1,177,746 units registered. This marked the highest October total on record since 2009....

Bulgaria & Egypt To Collaborate On Improving Tourism Industries

Minister of Tourism Nikolina Angelkova held a working meeting with the Minister of Tourism of the Arab Republic of Egypt, Dr. Rania Al-Mashat. The two spoke during...

Vega Global Expands In Bulgaria And Thailand

Vega Global has acquired business permits in Thailand and Bulgaria, further solidifying its presence in Asia and Europe. The news was announced...


Elina Tsankova Appointed New PR Manager Of Carlsberg Bulgaria

Elina Tsankova is the new PR and CSR manager of Carlsberg Bulgaria since the beginning of August. She will be responsible for...

Bulgaria Will Host the ‘Three Seas Initiative Summit’

At the proposal of President Rumen Radev Bulgaria will host the sixth summit of the Three Seas Regional Initiative, which brings together 12 EU member states, located between...

Bulgarian Prosecutors Raid Restaurants In Money Laundering Probe

Special prosecutors raided two Sofia restaurants on September 14 in connection to an investigation into alleged money-laundering and illegal cigarette manufacturing, the prosecutor’s office...