about us | newsletter | contact | archive | members area
Marius Nedelcu, TransferGo
Cash will become obsolete and this will be the result of digital finance advancement»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Bulgaria-Romania Danube bridge 2 generates 43 million Euro in revenue since launch

Danube Bridge 2 linking Bulgaria’s Vidin with Kalafat in Romania has generated revenue of 43 million Euro since opening for road and rail traffic in the middle of June 2013, Bulgarian Transport Minister Ivaylo Moskovski has said, quoted by sofia news agency Novinite.

2016-05-25 11:24:57

Nearly 1.8 million vehicles have crossed the Danube in both directions between July 2013 and the beginning of May 2016, Moskovski said in a written reply to a question asked by a member of parliament.
Nearly 90% of revenue from tolls was generated by trucks, with the remainder coming from passenger cars and light commercial vehicles.

Moskovski also said that charges for using the bridge wouldn't be cut in view of the need to repay bank loans used to finance its construction.

Revenue from tolls is split between Bulgaria and Romania proportionately to the investment which each country has made in the construction of the bridge and adjacent infrastructure. Bulgaria has so far invested EUR 287 M versus Romania's EUR 83.5 M, Moskovski said. Bulgaria expects to fully recover its investment by 2031 if the charges for using the bridge remain at their current levels, Moskovski added.

It is impossible to cut tolls for motor vehicles registered in Bulgaria's Vidin Region and Dolj County, in which the respective ends of the bridge lie, because preferential rates will be equivalent to illicit state aid under EU rules, Moskovski explained in his answer.

Crossing the bridge in one direction costs 6 Euro for passenger cars and light trucks of up to 3.5 tonnes. Tolls for heavier trucks start at 12 Euro and reach 37 Euro depending on the vehicles' total maximum permissible weight, while buses pay 25 Euro.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  14724 Views
Daily Info
Renault Technologie Roumanie appoints Alexander Simionescu as new general manager

Alexander Simionescu is the new general manager of Renault Technologie Roumanie (RTR), starting April 2018. Pascal Candau, who has held this position for three years, will tak...

CBRE intermediates a land transaction for a washing machines plant in Hunedoara

CBRE intermediated the acquisition of a 42-ha plot by BSH Electrocasnice Manufacturing, the Romanian subsidiary of the German concern BSH Hausgerate GmbH, part of Bosch group....

CFR Calatori passenger trains register total delays of almost nine years in 2017

The trains ran by the state-owned company CFR Calatori registered total delays of some 4.53 million minutes in 2017, which translates into around 8.6 years, according to data ...

AFI City residential project certified as a Green Home

AFI Europe Romania enters ROGBC's Pre-Certification phase as Green Project with AFI City's first two residential buildings developed by the company in Bucharest.

Vox Vertical Village to be delivered in Timisoara at the end of 2019

Vox Vertical Village represents the first "vertical village" concept on the local real estate market and will reunite 120 houses in a building with ten levels. Over a third of...

 
 
   
advertising

advertising

advertising

advertising

More on News
TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

Iulius Mall: 2017 a good year both for office premises delivery and office demand from companies planning to expand

Compared to the other countries in the region, Romania still has some catching up to do in terms of high quality office spaces that measure up to European standards, Lauren...

Conadi: One opportunity for the residential market is to deliver high-quality projects adapted to buyers' needs

Romania's residential market has started to recover, coming closer to normality and likely to achieve its maturity soon, according to Daniela Barbu, Marketing Communication...

JLL Romania: 80 per cent of buildings under construction built according to international green standards

Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania....

AFI Europe Romania: Romanian office market was exceptionally successful in 2017

The Romanian office market in 2017 was exceptionally successful, fuelled mainly by increased expansions and new entries in the IT&C, BPO sectors, as Tal Roma, Business Deve...

CW Echinox: Green certifications now a standard on the Romanian real estate market

2017 was a well-performing year for Bucharest's office market, with many new occupiers and expansions, and the delivered projects were rapidly absorbed, leading to a signif...