Bulgarian-German tie-up to build composting plant in Burgas, Bulgaria
Photo by Belish/Shutterstock.com
Bulgaria鈥檚 Burgas municipality has said that it has awarded a BGN 26 million (USD 14.77 mln) contract for construction of an anaerobic composting installation for sorted waste and a combined heat and power (CHP) module to a Bulgarian-German tie-up.
Illustration shows Sofia始s second organic waste plant. Photo by Belish/Shutterstock.com
The winning tie-up comprises Bulgaria鈥檚 Balkanika Energy and Germany鈥檚 Bekon, the municipality said on January 8, SeeNews reported.
According to registry agency data, the Bulgarian company holds a 60% interest in the tie-up. The deal was signed on December 27, according to the notice. The tender for the contract attracted two offers.
The project benefits from EU funding under Operational ProgramEnvironment 2014-2020, SeeNews added.
ADVERTISEMENT
CIG Pann贸nia Board Proposes HUF 18-per-share Dividend
Hungarian Lawmakers Ratify Finland's NATO Accession
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
