Glavbolgarstroy JSC - Sofia - Short Company profile

The Road Infrastructure Agency (API) rushed to complete orders that had been pending for a whole year against the backdrop of the approaching early parliamentary elections and is breaking record after record in terms of prices. Thus, the new standard for strengthening 100 meters of a third-class road already costs over 1 million leva (500,000 euros). The record is held for the strengthening of 200 meters of a road near Bobov Dol for 1,086,750.89 euros (543,375 euros per 100 m). The company "Georesurs" EOOD was chosen as the contractor at the end of last year. Immediately after it is the strengthening of 250 meters of the third-class road Ivaylovgrad - Lyubimets for 1,269,806.27 euros (507,922 euros per 100 m). It will be carried out by "Infrainzhstroy" EOOD, with which the road agency has already concluded a contract at the end of 2025. The common thing in both public procurements is that four candidates submitted bids, but only one of the participants was admitted to the opening of the price proposals. There are no appeals. The financing is from the republican budget. Along the New Year holidays, the RIA launched another public procurement for the strengthening of 200 m of the third-class road near the village of Koren, Haskovo district, with an estimated cost of 751,599.07 euros. Strengthening 100 meters of road will now cost only 501,066 euros. Bids in this procedure are submitted until January 20. The Ivaylovgrad - Lyubimets road is the main connection of Ivaylovgrad with the regional center Haskovo. The section that is to be repaired passes entirely through mountainous terrain. Due to the activation of destabilization processes, the integrity of the road embankment at kilometer 28 has been violated. Four companies submitted bids in the public procurement announced by the RIA in the spring of 2025. These are: "Groma Hold" EOOD, "Stroy Invest Group 2" EOOD, "Infrainzhstroy" EOOD and "Stor Invest" AD. Only "Infrainzhstroy" EOOD was admitted to the opening of the price proposal, as the company gave a price of 1,269,806.27 euros excluding VAT. It is slightly below the estimated value of 1,275,161.95 euros. The remaining candidates were eliminated for various reasons. The design is planned to be carried out in three intermediate stages within a period of 90 calendar days. The construction and installation activities are planned to be implemented in 120 calendar days. The sole owner of the capital of "Infrainzhstroy" is Reni Gospodinova, but the company is managed by her husband Tsvetan Gospodinov. The company was registered with a capital of 10,000 leva in 2014 in Sofia. It works mainly on projects of municipalities, including Haskovo, Svishtov, Simitli, Breznik, Vratsa, Kula, Pavel Banya. It has implemented projects for the renovation of residential buildings, the reclamation of landfills and the construction of sports grounds. In recent years, the turnover of "Infrainzhstroy" has more than doubled - from 5.8 million leva in 2022 to 14.4 million leva in 2024. It employs about 40 people. The largest construction company in our country - "Glavbolgarstroy" (GBS) wins the order for strengthening the anchor wall at kilometer 210 of the first-class road Botevgrad - Sofia for 10 million euros. The order is for engineering - development of a technical project and construction. The strengthening activities will be carried out in a section with a length of approximately 273 m and a slope height between 15 and 30 meters. Five candidates submitted offers. These are: DZZD "Botevgrad-Mezdra Reinforcement", which includes "GBS Infrastructure Construction" AD and "GBS Global Construction" EAD, Association "Geopath Botevgrad 2025" - "Geostroy" AD and "Patstroy-92" AD, "Groma Hold" EOOD, "Valmex" EOOD and "Food and Fun Mix Center" EOOD. Only the GBS consortium was allowed to open a price offer, which gave a price of 9,713,076.29 euros excluding VAT, which is 257,115 euros lower than the estimated one. The set deadline for preparing the technical project is 140 calendar days, and for the strengthening activities - 330 calendar days. "GBS Infrastructure Construction" is one of the large companies in the industry. For 2024, it realized nearly 240 million leva in revenue from its activities, while a year earlier they were over 321 million leva. The company employs about 600 people.