Bulgaria Exports Building Materials for 2014 Olympics in Sochi

Business | March 19, 2009, Thursday // 16:34|  views

Asen Gagauzov(L) and Economy Minister Petar Dimitrov(R). Infrastructural projects in Bulgaria will not be able to create enough jobs for all the construction companies, who are without work due to the dramatic reduction in investments. Photo by BGNES

Bulgarian companies taking part in the building of the Russian Olympics 2014 town of Sochi will export cement and gravel.

Bulgaria's Minister of Regional Development and Public Works, Asen Gagauzov, announced that at a press meeting in Bulgaria's Kyustendil.

In his words, the government will aid Bulgarian companies in their work in Russia as an anti crisis measure. Infrastructural projects in Bulgaria will not be able to create enough jobs for all the construction companies, who are without work due to the dramatic reduction in investments, Gagauzov said.

The Bulgarian Builder Association was established in May 2008 in order to assist the negotiating, organizing and implementation of construction projects in Russia. It was initiated by the Bulgarian Construction Chamber (BCC), official representative of the construction branch in Bulgaria, and six major Bulgarian construction companies - Glavbolgarstroy AD, Enemona AD, Midia AD, Promishleno Stroitelstvo Holding EAD, Trace Group Hold AD and Patishta Holding AD.

 

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Tags: Olympics, Sochi, Russia, construction, Asen Gagauzov

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