Bulgaria: Bulgaria Varna Soon to Have New BGN 160 Million (USD 127 million) Stadium.

TendersInfo | May 13, 2008 | Copyright

Byline: pinto03

The investment amount of BGN 160 million (USD 127 million) is expected for the new "Varna" stadium. The sum could end up even higher, according to statements made in front of sports reporters today by the contractor "Project Management Company" and the investor "Sports Complex Varna". 65% of the investor's shares belong to "Himimport" while the remaining 35% are owned by the Varna Municipality.Construction works are planned to begin in the fall and are expected to continue for about 26 months with another year needed to move the infrastructure. The ...

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