Call
Send Email
Messenger
WhatsApp
VARNA AND BURGAS AIRPORTS TO HAVE NEW PASSANGER TERMINALS BY MID-`09
Bulgarian coastal airports Varna and Burgas will have new passenger terminals by mid-2009, said Andreas Helfer, general executive director of Fraport Twin Star Airport Management which manages the two facilities under a 35-year concession arrangement. The new terminals will streamline the check-in and luggage inspection process and will allow checked-in passengers to shop and have access to all other services available at EU airport lounges, said Helfer.
The 60 mln euro cost of the new terminals will be covered by bank loans and the company shareholders.
A public procurement procedure has already been launched for the technical design of the Burgas terminal. Helfer said construction should get underway in 2007.
The airport operator plans to renovate the taxiways ahead of the summer tourist season. A more comprehensive reconstruction of the taxiways and the runways will be done in the off-season.
Fraport plans to invest 20 mln euro in the two airports in 2007, said Helfer. The investment program includes environmental protection measures. New incinerators for the biological waste produced by the airports will be installed.
The concessionaire will spend some 6 mln euro this year to streamline the electricity transmission grid of the airport sites and to ensure fail-safe power supply.
Fraport Twin Star Airport Management, a partnership between Germany's Fraport and Varna-based company BM Star, was granted the airport concession contract in 2006.
View Properties for Sale in/near Burgas
View Properties for Sale in/near Varna
Read more news
More News
2024 kicked off with a dynamic property market in Bulgaria, and this activity was sustained throughout the first quarter, making it one of the strongest quarters in housing market history. This was confirmed by data from the Registry Agency, which showed an increase in sales volumes in the country's leading markets.
This year, the market switched into a higher gear. T...
Spring is here, bringing new opportunities in the real estate market!
March was a month full of property transactions, reinforcing market activity and allowing us to successfully conclude the first quarter of the year. We witnessed significant movement not only in the major cities but also in our favorite seaside and ski resorts. Additionally, the season for buying rural houses is i...
We are proud to announce the opening of our new office in the city of Dupnitsa, located at Knyaz Boris I Street, No. 1, Floor 1.
This strategic move is part of our mission to be as close as possible to our customers and to provide high quality local service for both buyers and sellers.
In our new office, clients will be able to take advantage of the ful...
In a series of materials, we present you with useful information on how to best prepare your home for viewings and how to determine the right price of your property.
Here we will focus on the heart of the transaction. Buying and selling real estate often seems a complicated and cumbersome procedure, requiring a number of documents and communication with various institutions. And buy...
