Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

CRRC abandons EUR 610 million Bulgarian train tender amid EC investigation

The photo is illustrative
Photo: pixabay

The European Commission has closed the investigation of a public procurement for the supply of Chinese trains to Bulgaria. This happened after the Chinese company CRRC Qingdao Sifang Locomotive Co withdrew from a public procurement tender organized by the Bulgarian Ministry of Transport and Communications. 

The public procurement tender concerns the purchase of 20 electric “push-pull” trains, as well as their maintenance over 15 years. The estimated value of the contract is around BGN 1.2 billion (EUR 610 million), Commissioner for Internal Market Thierry Breton said in a statement published on the Commission's website. CRRC Corporation Limited is a Chinese state-owned rolling stock manufacturer. It is the world's largest rolling stock manufacturer in terms of revenue. The Commission initiated an in-depth investigation due to suspicions that the Chinese company had received foreign state subsidies that "distorted" the internal European market.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Caretaket Interior Minister Kalin Stoyanov

Migratory pressure is declining, interior minister says; vice president believes the flow of migrants will increase

The lasting tendency of a decline in the migratory pressure towards Bulgaria continues, caretaker Interior Minister Katlin Stoyanov said at the opening of a safe zone for unaccompanied children at the Registration and Reception Refugee Centre in..

published on 5/16/24 2:45 PM

Kozloduy NPP withdraws proposal for 30% rise in electricity price, will propose less

Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry of Energy. Kozloduy Nuclear Power Plant has withdrawn the price proposal, and after..

published on 5/16/24 2:29 PM

Caretaker cabinet sets up working groups for speedier construction of new nuclear capacities and the Vertical Gas Corridor

Interdepartmental working groups will work towards the speedier implementation of the projects for the construction of new nuclear capacities at Kozloduy NPP and the Vertical Gas Corridor, the Council of Ministers press service has announced. The..

published on 5/16/24 2:00 PM