Timchenko's Stroytransgaz wins tender for South Stream in Bulgaria

The Stroytransgaz Consortium controlled by Gennady Timchenko's Volga Group and Bulgaria's Gazproekt Jug AD has won the tender for the design, equipment supplies and construction of the main pipeline of South Stream’s 541-kilometer section in Bulgaria, ITAR-TASS reports.

The public tender that started last December attracted 11 contenders from Austria, Belgium, Bulgaria, Germany, India, Italy, Russia, Switzerland and Japan.

Stroytransgaz is preparing to get the €6.6 billion contracts for the construction of South Stream's dry sections in Bulgaria, Serbia and Slovenia.