South Korean cargo operator mulls investing in Bulgarian airport.

By bne IntelliNews March 23, 2012
The state corporation for the management of the airports in South Korea has shown strong interest in transforming the closed airport in Stara Zagora into one of the largest cargo airports in Europe, Capital Daily reads. The airport, which has been closed in the past 11 years, has been reviewed by companies from China, Singapore and Kazakhstan. The airport, occupying 6,000 decares, boasts of a strategic location close to the Trakia Motorway and three of the European corridors. The initial investment in such facility is estimated at some USD 400mn.

Related Articles

EC urges Bulgaria to comply with EU rules on free movement of capital.

The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more

Govt seeks delay of antitrust rules violation procedure against Bulgaria.

Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more

Bulgarians hold EUR 100mn in deposits in Cyprus.

Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more

Dismiss