The investment fund Madara Bulgarian Property Fund Limited, which is traded at the London stock market, announced the hiatus of the project. They await additional financing.
The architectural part of the project called Black Sea Gardens, was done by the famous architect Norman Foster.
Late last year, the fund announced that they will seek additional financing for their projects in Bulgaria. At
Rare Just Got Even Rarer internationalliving.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from internationalliving.com Daily Mail and Mail on Sunday newspapers.
Bulgaria s Trace Group Hold wins 2 mln euro bridge conservation, restoration deal Author: Trace Group Hold. Licence: All rights reserved.
SOFIA (Bulgaria), May 7 (SeeNews) - Bulgaria s Byala municipality said on Friday that it has signed a 3.9 million levs ($2.4 million/2 million euro) contract for the conservation and restoration of the bridge over Yantra River with local construction company Trace Group Hold [BUL:T57].
The contract was signed on April 22 following a tender which attracted two offers, Byala municipality said in a notice to the public procurement agency.
The bridge is part of the architectural heritage of Bulgarian architect, master builder and sculptor Kolyo Ficheto.
Bulgaria s Overgas Mrezhi opens 1.2 mln euro natural gas supply tender Photo: Overgas / All rights reserved.
SOFIA (Bulgaria), April 23 (SeeNews) - Bulgarian natural gas distribution company Overgas Mrezhi said on Friday that it has launched a 2.4 million levs ($1.5 million/1.2 million euro) tender for the purchase, transportation and storage of compressed natural gas.
The assignment, which is divided into three lots, evisages the supply of the compressed natural gas for the needs of four of the company s units - in Razlog, Bansko, Byala and Karnobat, Overgas Mrezhi said in a tender notice.
Candidates can submit offers for each of the lots in the tender until May 21. The bids will be ranked solely based on price.