Bulgartransgaz to Take Part in Development of Digital Corridor Linking Asia and Europe 2026

Balgarianovinite.com Bulgartransgaz EAD will participate in the development of a digital corridor linking Asia and Europe, the company said.
“Today we are presenting a project of key importance for Bulgaria’s future, with the involvement of Bulgartransgaz – Kardesa. This is a next-generation submarine telecommunications system across the Black Sea that will connect Bulgaria and Georgia, with links to Turkiye and a planned future extension to Ukraine. It will turn our country into a strategic entry point of a new digital corridor between Europe and Asia,” Bulgartransgaz EAD Executive Director Vladimir Malinov said. He presented Kardesa as part of a large-scale digital connectivity initiative known as the “middle corridor” or the ”digital silk road,” which runs through the Caucasus, the Caspian Sea, and Central Asia.
It is important to note that the Bulgarian company will not invest additional financial resources in the project, but will participate through existing assets by providing an already constructed route, Malinov said. 
The company’s press release adds that a Memorandum of Understanding was signed during the event between Novatel–Bulgartransgaz, Apollo Submarine Cable System Limited and PrJSC, and VF Ukraine, establishing the general framework, rights, and obligations of the companies involved in implementing connectivity between Aheloy and Sofia. This forms part of the Black Sea submarine cable project Kardesa. The project’s investors are Vodafone and NEQSOL Holding, with total investment exceeding EUR 100 million. The contractor for the submarine system is the international company Xtera, a global leader in the design and construction of submarine telecommunications networks. The parties have committed to making every effort to complete the project by mid-2027.
According to Malinov, the benefits for Bulgaria are significant: strategic positioning as a digital hub, attracting investment in data centers and AI infrastructure, creating high-tech jobs, and strengthening the country’s digital sovereignty. Kardesa represents a concrete step toward long-term competitiveness and Bulgaria’s active participation in the European digital and AI ecosystem.
Construction of the Black Sea Kardesa system is scheduled to begin from Bulgaria in 2027, positioning the country at the starting point of one of the most significant new digital corridors on an international scale.
In Bulgaria, the company Novatel will build and operate the digital infrastructure in the Aheloy area, as well as two independent optical routes to Sofia. The project is being implemented in partnership with Bulgartransgaz EAD and serves as an example of effective public-private cooperation between the telecommunications and energy sectors, the Bulgartransgaz press release said. Bulgartransgaz to Take Part in Development of Digital Corridor Linking Asia and Europe 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-28 10:28:25 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law