Over one billion euro has been invested in the wellness and spa industry in Bulgaria over the past more...
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Danube river tunnel to link Bulgaria, Romania
Dnevnik Daily, 06 June 2007
Bulgaria-registered Eurobridge, backed by a Portuguese investment fund and German construction company Herrenknecht, will build a tunnel under the Danube river to connect Bulgaria and Romania, reports news agency SeeNews. The contractors have signed a preliminary agreement for the implementation of the project which will have to be okayed by the environment and construction authorities in both countries. Eurobridge chief executive Dobromir Donkov estimated the cost of the venture at around $35 mln. The tunnel is expected to poach traffic from Pan-European transport corridor no.9 and offer an alternative to corridor 4.
