0
Hello,
Favourite properties (0)
Saved searches
Selected for you
Notifications
Subscriptions
Settings
Sign out
Close

VARNA AND BURGAS AIRPORTS TO HAVE NEW PASSANGER TERMINALS BY MID-`09

2007-03-14   |  Dnevnik a.m.

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

Share
Looking for a Renovation Project in Bulgaria? 👇
You’ve just found the right place! BULGARIAN PROPERTIES offers a wide selection of affordable rural homes and renovation-ready properties across the country.

Whether you’re dreaming of a peaceful countryside escape or a charming village house to restore, we have great-value options — many under £10,000. Our team will guide you through the entire buying process and support you even after the deal is done.

Start your new chapter in Bulgaria with confidence and local expertise by your side!
See More
Hot properties in Bansko - the best offers are here for you! ⛰️
Buy your own property in the top ski resort in Bulgaria! An all-year-round resort suitable for winter and summer tourism with the best prices in Europe! Holidays in your own property without the need for hotel reservations!
See More

More News

Company news
BULGARIAN PROPERTIES Agents of March 2026 🌺

Spring is approaching, and we continue the year with confidence and professionalism!

February confirmed the trend toward a more balanced and sustainable real estate market In Bulgaria after eurozone accession. Activity remains stable, negotiations are more thoughtful, and transactions are well-structured and carefully prepared.

In this environment, our Agents of the ...

02 March, 2026
Company news
Polina Stoykova MRICS participated in Imoti.net's Real Estate Business Forum

On February 24, 2026, the Inter Expo Center in Sofia hosted the first edition of the Real Estate Business Forum for the year, organized by Imoti.net. The event brought together leading experts, managers, and professionals from the real estate sector to discuss the future of the industry, the role of technology, and the changing working environment for agencies.

Among the participant...

26 February, 2026
latest news
How Bulgaria’s Eurozone Membership Is Shaping the Real Estate Market

Bulgaria’s entry into the Eurozone marks a defining moment for the country’s real estate sector. The adoption of the euro is no longer an expectation but a reality, and its impact is already visible across residential and investment markets. Greater transparency, improved confidence, and deeper integration with European financial systems are reshaping how property is priced, financed, and perceive...

25 February, 2026
Company news
BULGARIAN PROPERTIES Agents of February 2026 💙

The first month of 2026 has passed – the first after Bulgaria’s entry into the Eurozone. The market returned to a normal pace, interest in properties remained high, and deals continued to close across the country.

In this context, we proudly present our Agents of the Month – the professionals at BULGARIAN PROPERTIES, who stood out with their results, personal approach, and dedicatio...

03 February, 2026

REQUEST DETAILS