The state-owned operators of the ports of Varna and Burgas on the Black Sea coast have beaten forecasts for 2013, the transport ministry said.
The port of Varna’s 2013 profit is seen at 4.8 million levs ($3.3 million/2.5 million euro), which is 90% above plans and 16% above the 2012 figures. The port of Varna handled 11 million tonnes of cargo in 2013, which is a record level for the past few years.
The port of Burgas’ estimate net profit of 3.5 million levs is also well above the previous expectations of 510,000 levs in earnings, the ministry said. The port operator posted 20.6 million levs in revenue, up 5.3% on forecasts.