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Bulgaria awards 35-yr limestone mining concession to Avtomagistrali Tcherno More

Author Mario Tanev
Bulgaria awards 35-yr limestone mining concession to Avtomagistrali Tcherno More Author: Mineco. Licence: All rights reserved.

SOFIA (Bulgaria), December 11 (SeeNews) - Bulgaria's government said on Wednesday that it has awarded a 35-year concession contract to local Avtomagistrali Tcherno More for mining limestone at the Hitrino-4 deposit.

Bulstone will pay over 1.8 million levs ($1 million/920,000 euro) in concession fees during the 35-year period, and will invest over 480,000 levs in production activities, the government said following its weekly meeting.

The government did not provide further details.

(1 euro = 1.95583 levs)

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