NRIC, which operates on half of Bulgaria’s network, is facing an audit into questionable procurement practices, risking €400M in EU funding.

The entities involved

• Bulgaria →

  country in Southeast Europe

  • Bulgaria is seeking a loan agreement with the European Commission, with its parliament approving the necessary borrowing ceiling increases and authorizing government borrowing.Mon 12:48
  • Bulgaria's Tourism Minister Ilin Dimitrov announced a new reform model aimed at boosting the country's tourism competitiveness.Mon 11:12
• Siemens →

  German multinational conglomerate company

  • Siemens has secured a high-speed rail contract with VinSpeed, involving the company's mobility division.Mon 15:41
  • Hull has won a £310 million contract to build Siemens' turbine blade factory, while research also informs political discussions on devolution.Mon 13:46

Related events

• Škoda is providing new electric trains to Bulgaria.Aug 15
• Romania secures energy imports through interconnections with Bulgaria as the national crisis management mandates Transelectrica to handle the situation.Aug 6
• Bulgaria saw a decline in freight while EU freight increased.Fri 12:57
• The Bulgarian government has cut product fees for electronic equipment.Sep 2
• Bulgaria sees calls for EU to lead Russia negotiations, alongside nuclear fuel and train delivery contracts.Jun 7