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BGN 660 million from the concession of Sofia Airport received in the state budget

BGN 660 million from the concession of Sofia Airport received in the state budget
19.04.2021

The Minister of Transport, Information Technology and Communications Rossen Jeliazkov signed today the letter of completion under the Concession Agreement, with which both parties confirm that the preliminary conditions under the Agreement have been fulfilled. An essential condition for signing the completion letter was the receipt of BGN 660 million as Upfront Concession Fee in the state budget.

The starting date of the Concession came on April 19, 2021 and the activity of “SOF Connect” AD started from 24:00 on April 19, 2021.

"This is the largest investment in airport infrastructure in Bulgaria. The upfront payment is a huge help to the budget, given the global financial and economic crisis at the moment. The sustainability of services in terms of airlines and passengers will be guaranteed ", commented Minister Rossen Jeliazkov.