Subcontractor

Intrakat’s debts in Cyprus

Construction company Intrakat, which was contracted to build part of the Paphos-Polis Motorway in Cyprus, is facing significant financial troubles, leaving behind nearly 1 million euros in debts to seven local subcontractors and suppliers.

EU Investigates Alleged Fraud in Bulgarian Church Restoration Project

The European Public Prosecutor's Office conducted ten searches across Bulgarian cities, including Burgas, Petrich, Rila, and Sofia, on Wednesday. The searches are part of an investigation into alleged fraud related to EU subsidies for the restoration of a 12th-century church in the Rila municipality.

The Bulgarian Prosecutor's Office is Investigating Collusion and Illegal Schemes around TurkStream

The Sofia City Prosecutor's Office (SCP) is starting operations on the Anti-Corruption Fund's revelations about violations related to the selection of a contractor and the accelerated construction of the Turkish Stream gas pipeline through Bulgaria.

Court Case Further Delays Bosnia's State Prison

Long-delayed plans to build maximum-security state prison in Bosnia have been hit by fresh delays and the loss of about 630,000 euros as the result of a commercial dispute.

The prison, whose total budget is 40 million euros, is financed by loans from the Council of Europe's Development Bank, EU and foreign government grants, as well as Bosnian state funds.

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