Bulgaria: Austrias Strabag Offers to Bill Revamp of New Terminal Ceiling to Its Account

31. Oktober 2006, 00:00

Austrias developer Strabag, in charge of building a second terminal at Sofia International Airport, pledged to revamp...

Austrias developer Strabag, in charge of building a second terminal at Sofia International Airport, pledged to revamp the new terminals ceiling, which collapsed in February this year, and bill the costs to its own account.

It emerged Monday that company officials and representatives of Bulgarias Transport Ministry met late last week and reached an agreement to this end.

While Strabag insisted on a partial mending, while the Transport Ministry requested overall renovation.

The agreement portends that Strabag is about to begin the final construction phase of the new terminal. Strabags project for new terminal ceiling has already been reviewed and approved by the projects consultant and technical supervisor.

The revamp should be completed by December 15 this year.

However, negotiations between Strabag and Bulgaria are not yet over. The Austrian developer insists that it get EUR 11 million more for the project because it ran up higher-than-expected building material costs. The Transport Ministry, in turn, requested that Strabag pay EUR 11 million in damages over failure to timely implement the project.

The new airport terminal costs EUR 110.6 million. Its original launch date was December 31, 2004.

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