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Companies related to Corporate Bank will repair Tcarigradsko road
Written by Klint     March 27, 2014    
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Companies associated with Corporate Commercial Bank (CCB) will repair a stretch of 2.5 km "Tsarigradsko Shosse" the cost of construction of a new highway for two years. It was clear from the press center of Sofia Municipality.

Thursday's traffic on the boulevard will be reduced to 40 km / h

Because commencing repair the section of 'GMDimitrov'Blvd "to" Alexander Raspberry "introduces temporary traffic Thursday - March 27.

High price

Section will be repaired by the OCAC "City Highway," which includes "Integrated Road Systems" JSC 40% , "Infrastructure Company" 30 %), "Kalistratov Group" Ltd. 20% and "Rutex" Ltd. 10% . They won the auction with a price of 10.5 million lev for 2.5 km.

This makes an average of 2.1 million per kilometer, at a price that was built new sections of highway "Trakia".This is not unprecedented, because usually almost all roadworks on the streets of Sofia out of the price of a new highway. As a rule, you usually auctions won by one of the highest prices offered since become mayor Yordanka Fandakova, but did not protest against this one in the Municipal Council, including BSP councilors who are otherwise in opposition.

At the same time previously Deputy Mayor transport Lyubomir Hristov and failed to give plausible explanation why generally earn the most expensive offers and the reasons for expensive repairs. Duty Fandakova words are that "cheap construction does not always mean quality."

Link KTB

"Integrated Road Systems" (EMU) and "Infrastructure Company" are related to the Corporate Commercial Bank, which is majority owner Tsvetan Vassilev.

Before being transformed by the office of the AD, the registration of EMU was Sofia Street "Debar 17". There was a long fit the headquarters of the financial house "Bromak", which is solely owned by Tsvetan Vassilev and through it he holds majority stake in CCB.

According to the Commercial Register EMU is owned by "Eurobuild project", which is owned by "Yulinor" which in turn is Julia Ilieva. In this entire chain has links with the CCB. EMU itself has entered only bets in favor of the CCB, and report the total debt to financial institutions is 35 million lev

"Infrastructure Company" is the successor of its subsidiary "EMU infrastructure", which also receives funding from the KTB.


Construction activities of the section of "Tsarigradsko road" include the overpass at the junction of Boulevard "GM Dimitrov" overpass "Alexander Raspberry" pedestrian underpass at the Regional Hospital.

It will also be repaired at the central and local lanes of the boulevard.

Construction activities also include repair and subway "Tsarevets" of Eagle Bridge, which is in progress.

Construction will take place in several stages for two years not to hinder traffic on the boulevard. The first stage involves overpass "G. Dimitrov M".

Temporary traffic

Due to repair the overpass from Thursday, March 27 to March 31 in front and behind the overpass closed the left lanes of each lane in the length of 50 m

For the duration of the repair introduces speed limit in each direction from 80 to 40 kilometers per hour.

At the urging of Mayor Yordanka Fandakova object will be working extended hours including weekends, indicated in the message.

On April 1 Tuesday begins overhaul of the roadway in the direction of Plovdiv Blvd overpass "G. M.Dimitrova."Traffic in both directions will be implemented in the lane direction center. The implementation period is 45 calendar days.

16 May turning movement and closes the canvas towards the town center.

Provides around May 15, 2014 to begin construction work on the overpass on "Tsarigradsko road" over "Alexander Raspberry."

• Read Full Article : Companies related to Corporate Bank will repair Tcarigradsko road


• Corporate Commercial Bank, Sofia, Bulgaria


• Mediapool
Contributor's Comment
• "Before being transformed by the office of the AD, the registration of EMU was Sofia Street" Debar 17. "There was a long fit the headquarters of the financial house" Bromak "" According to this logic and Cinema East is related to Billa - years of this address was East cinema and now was. Relationship between these entities will simply had purchased movies and make it to the supermarket.
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