Varna Port Registers Record Profit of 2.05 Mln Euro in 2011

5 Jan

2011 was a record year for the port of Varna with over nine million tons of processed cargo and over BGN 4 M in net profit.

The information was announced by the Director of the Port of Bulgaria’s Black Sea capital, Captain Daniel Papazov, quoted by Radio Varna Wednesday.

Expectations for 2012 are that the processed cargo passed at the port will be at least 8 million tons. The port has already sealed 73 permanent contracts for 2011.

The investment program provides for the purchase of two mobile cranes, as well as equipment for loading grain at the Varna West port.