Bulgaria’s Hydrostroy signs 12.4 mln euro contract for WWTP upgrade Bulgaria has awarded local construction company Hydrostroy a 24.3 million levs ($13.2 million/12.4 million euro) contract for the reconstruction, modernisation and expansion of a waste water treatment plant (WTPP) in the Black Sea resort of Zlatni Pyasatsi, a public procurement notice showed. The contract envisages geological research, design and construction, as well as the demolition of part of the existing facilities and other preparatory activities, the notice posted on the website of the public procurement agency last week indicated. The deadline for the completion of construction works is 29 months. The project will be co-financed under the EU's 2014-2020 Operational Programme Environment.
Source: Capital (21.02.2017)

Revenues of Golden sands have increased by 22% Revenues of Golden Sands have grown by nearly 22% to BGN 12.993 million in 2016 and the net loss fell to BGN 83 thousand from BGN 946 thousand the previous year. This indicates the published report of the company. The main share of the company's revenues (BGN 8.1 million) is from tourist services. Golden Sands is the owner of two hotels in the eponymous resort - Admiral and Sea eye Garden. The main market last year was Germany, as its share increased to about 30%. However a downturn has been recorded for tourists from Russia, Ukraine and Romania - a trend that has been observed for three years. The remaining revenues of the company come from rents and maintenance of the overall infrastructure of the Golden Sands resort.
Source: Capital (30.03.2017)

Bailiffs took the Rousse Shipyard West and a hotel in Golden Sands on the counter and want a total of BGN 38.28 million for them. The syndicates of the bankrupt Corporate Commercial Bank have taken another step to collect its debts from its debtors. From the Register of the Chamber of Bailiffs, it becomes clear that, at their request, the properties and production buildings of Rousse Shipyard West were announced for public sale. The initially announced bid price amounts to about BGN 32.28 million. The syndicates remind that the original shareholders in Rousse Shipyard West AD are Gips Trade AD, Global Road Systems AD, Rousse Shipbuilding Company AD and Vip Properties EOOD (shareholder in Petrol AD) as well and the creditors of Ruse Industry AD and KIK - Design EOOD. And they are also borrowers and debtors of CCB AD.
Source: Banker (04.09.2017)