Bulgaria Raises Tenfold Mineral Water Extraction Limit under Concession granted to Aquarex-V

Bulgaria Raises Tenfold Mineral Water Extraction Limit under Concession granted to Aquarex-V

Bulgaria's government said on Wednesday that it has amended the terms of a concession held by Aquarex-V for a well in the Velingrad-Chepino mineral water deposit, increasing the maximum amount the company can extract annually to 108,000 cubic metres from 10,000 cubic metres.The change was made upon the request of Aquarex-V, the government said following its weekly meeting.The concession for the well, located in southern Bulgaria, was signed in May 2000.Aquarex-V, a unit of Polish food and soft drinks producer Maspex Group, bottles water under the Velingrad brand.

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