MAG: Still In Interested In Sofia Airport

The UK’s Manchester Airports Group (MAG) on Tuesday reaffirmed its plans to submit an offer in the Bulgarian government’s tender for awarding a 35-year concession contract to run Sofia Airport.

“We were ready to file out offer in Sofia today, but we support the new timeframe and we will work until the new deadline,” Andrew Harrison, MAG’s airport services CEO, said in a statement.

Bulgaria’s transport ministry said last week that it has extended, for the fourth time, the deadline for submitting offers, to April 3.

The decision is based on requests by candidates and has been coordinated with the advisors on the procedure – the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), the ministry said.

MAG has not asked for an extension of the deadline, the company noted.

The estimated value of the concession contract is 3.9 billion euro ($4.5 billion), the transport ministry said in August when the tender was launched.

Manchester Airports Group operates three airports in Great Britain – Manchester, London Stansted and East Midlands. The combined annual passenger traffic of the three airports totals nearly 60 million.

Read More

Annual Inflation Rate In the Euro Area Expected To Increase

Euro area annual inflation is expected to be 1.3% in December 2019, up from 1.0% in November according to a flash estimate from Eurostat, the statistical...

Angelkova: Bulgarian Tourism Continued Growth In 2019

Bulgarian tourism continued its sustainable development in 2019 despite the difficulties, strong international competition and the bankruptcy of the Thomas Cook tour operator, Minister of TourismNikolina Angelkova said...

Romania & Croatia Also Looking For Euro Adoption

The three poorest European Union countries now have euro adoption in their crosshairs. The latest is Romania, which said last week that it would present...

Recent

Survey: It Is Important For Bulgarians That New Attorney General Is Not Corrupt

For Bulgarians, the most important thing is that the new chief prosecutor is not corrupt and honest, according to a study by...

President Radev & Reuven Rivlin Discuss Future Partnership Between Bulgaria And Israel

Presidents Rumen Radev and Reuven Rivlin, who held a meeting in Jerusalem today, discussed bilateral partnership in innovations, security and the good practices...

Bulgarian Minimum Pension Rising To 250 BGN In July 1st 2020

The minimum retirement pension should be BGN 250 from July 1 next year, the parliament finally voted, BTA reported. On Tuesday evening, due...