On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's northern transport axis. This was also the start of construction of the motorway ring in Bulgaria. The main designer of the route is engineer Dena Palankova, BTA recalls.
By 1985, the difficult section with numerous tunnels and bridges passing through the Vitinia Pass was completed. The highest viaduct in Bulgaria (120 meters) is situated in this section. The planned length of the highway route is 418 km, which makes "Hemus" the longest motorway in Bulgaria, but currently 191 km are completed and in use. A new 7 km-long section is soon to be put in use.
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
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