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The sixth European Digital Citizens seminar brought together the best practices from Varna, Hamburg, Genoa, Marseille, Cluj-Napoca and Rotterdam on how to tackle the digital divide present in the countryside
Users can now get an overview of the state of the output in the country and receive a warning to reduce consumption and avoid power cuts
Join (if you wish) the debate that has swirled around the Italian capital’s self-sufficient fir
Users can now get an overview of the state of the output in the country and receive a warning to reduce consumption and avoid power cuts
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
Pre-bookings are already available for the luxury train rides across the bel paese
Join (if you wish) the debate that has swirled around the Italian capital’s self-sufficient fir
The promotion of democracy couldn’t have been possible without the lustration of public spaces
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
Pre-bookings are already available for the luxury train rides across the bel paese
The Estonian capital was praised for its unique sport urban planning design
Faux or fact? Now, it’s up to you to shine the light on the truth
Ireland is currently going through a major rental housing crisis
It will aid them in collecting data about the incidents that can be used in court
The Port of Burgas represents the first 3SIIF investment in a port facility, Source: Advance Properties OOD
This is the first investment in port infrastructure by the international forum’s development fund
The investment fund of the Three Seas Initiative (3SIIF) has acquired a significant share in BMF Port Burgas EAD, a major port operator in the Port of Burgas (Bulgaria), from Advance Properties OOD, who will retain a majority stake. This was announced yesterday by both sides involved in the deal.
The investment done by 3SIIF is the first such in port infrastructure. The Fund aims to drastically improve the infrastructure and connectivity in the Three Seas region, which consists of 12 EU countries in Central and Eastern Europe bordering the Baltic, Adriatic and Black Seas.
The Port of Burgas is an important infrastructure asset connecting the Three Seas Region with Central Asia and the Middle East, strategically located on the Black Sea coast and is the closest European Union port to the Bosphorus. The Port also acts as the primary maritime gateway to Sofia and Plovdiv, Bulgaria’s most developed and industrialised cities, through direct rail and road connections.
The investment will strengthen EU integration by decreasing infrastructural gaps and delivering broader economic benefits to the Three Seas Region by improving connectivity and increasing the Port’s capacity. 3SIIF aims to expand the operational capacity and capability of the Black Sea port through the extension of existing berths, the construction of new berths, the further modernisation of facilities and the improvement in the ability to handle new types of cargo.
Christian Roy, Investment Director at Amber Infrastructure, the investment manager of 3SIIF, noted: “The investment in BMF Port Burgas is an exciting opportunity to support the further growth of the Port in accordance with the Fund’s objectives. It also marks the first port sector investment of the Fund and the first direct investment in Bulgaria. The further development and continued modernisation of the Port will play a key role in filling the transport infrastructure gap in the southeast part of the Three Seas Region while delivering broader economic benefits to Bulgaria and the Region.”
On his part, Georgi Domuschiev, Founder and Managing Director of Advance Properties OOD, said: “We are very pleased with the transaction, which is a great success and an excellent opportunity for the Port. For more than 10 years now, BMF Port Burgas has been substantially investing in the modernisation of the port terminals in pursuance of its growth objectives. The continuing development of modern concepts for port activities and services through sustainable and responsible investments in partnership with 3SIIF, will make a meaningful contribution to the transport integration and diversification in the region.”
The Fund’s previous investments comprise: Cargounit, Poland’s largest locomotive leasing business which is currently expanding within the Three Seas Region; Enery, a renewable generation company developing assets in the Three Seas Region, with a portfolio of operating solar generation assets in Bulgaria, Czech Republic and Slovakia; and Greenergy, a data centre platform aiming to service the compute and storage needs of the Three Seas Region.
The sixth European Digital Citizens seminar brought together the best practices from Varna, Hamburg, Genoa, Marseille, Cluj-Napoca and Rotterdam on how to tackle the digital divide present in the countryside
The local authorities are taking the bold step as a way to declutter the urban streets from delivery traffic
One-third of homes on the islands this year were sold to nationals of other countries, many of whom are non-residents
Even more incredibly, it will be free of charge, but it goes without saying, availability is limited
According to Justice Senator Lena Kreck, internet access to the internet is a point of rehabilitation
The contest that measures the creative achievements of European cities also had a more human dimension, with recognition going to 6 women innovators
The new vessel was produced in Estonia, and it will transfer both pedestrians and bikes
Join (if you wish) the debate that has swirled around the Italian capital’s self-sufficient fir
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
Even more incredibly, it will be free of charge, but it goes without saying, availability is limited
The Spanish capital’s public transport operator is celebrating its 75th birthday in retro style
The promotion of democracy couldn’t have been possible without the lustration of public spaces
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The European Commission has accepted to develop the idea
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