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Seven Bulgarian construction companies, which brought their heavy equipment to the TurkStream 2 gas pipeline construction sites, are being investigated by the Sofia City Prosecutor’s Office and have been ordered to return 100% of their European Union (EU) funding. These… Continue Reading…

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The European Commission (EC) has called for inspections and investigations of a number of projects of the Bulgarian Ministry of Economy under the European Union’s (EU) Operational Program “Innovations and Competitiveness”. The call came in the aftermath of a report… Continue Reading…

CommentsEnergyLeadingSouth Stream

The sanctioned by the United States Trubnaya Metallurgicheskaya Kompaniya (OAO “TMK”), a manufacturer and supplier of steel pipes, owned by billionaire (No.29 on Forbes Russia with USD 2.2 billion) Dmitry Pumpyansky will build “Turkstream 2” in Bulgaria. TMK is in… Continue Reading…

CommentsEnergyLeading

A consortium led by a construction company associated with the legendary Italian Mafia Cosa Nostra has submitted a bid for the Bulgarian section of the TurkStream 2 gas pipeline, Bivol has learned. This is Bonatti Group S.p.a., which participated in… Continue Reading…

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