May 17, 2020

Bulgaria's public procurement spending down in H1 2010

Freddie Pierce
2 min
Bulgaria's public procurement spend is down

The figures for H1 2010 show that Bulgaria signed 1.5 billion leva less than in H1 2009.

A total of 6,329 public procurements were successfully comple...

The figures for H1 2010 show that Bulgaria signed 1.5 billion leva less than in H1 2009.

A total of 6,329 public procurements were successfully completed in the first half of 2010, which was 1,377 less than in the first half of last year.

The bulk of the contracts involve small procurements worth less than 50,000 leva for the provision of services, similar to 2009.

Another 46 contracts were awarded 61 million euros, a decline of 138 million euros, with seven more worth $947,000.

According to the sofia echo, Kamen Kolev, Deputy Chairman of the Bulgarian Industrial Association (BIA), said: “The decrease in public procurement spending will have a dramatic impact on businesses, for whom this is a key source of financing at the moment.”

Other companies have voiced concerns that the cutback on public procurement will negatively impact unemployment levels, as there will be fewer jobs.

Last week, it was announced that Bulgaria had extended its public procurement contracts by one year. The deals will now be assigned for a five year period.

However, the new public procurement rule will not apply to projects for construction, delivery and services, and NATO projects.

The amended law will also make exceptions for the extension of a public procurement contract for up to 10 years with regard to granting bank loans for the financing of investment projects, or EU-funded projects.

Edited by Chris Farnell


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Jun 23, 2021

SAP Ariba to digitise procurement for Expo 2020 suppliers

2 min
SAP Ariba will fully digitise and automate the procure-to-pay lifecycle for more than 25,000 suppliers at this year’s Expo 2020 Dubai

SAP Ariba will provide a unified digital procurement and payment platform for more than 25,000 suppliers at Expo 2020 Dubai

The global trade event, this year hosted in Dubai, was rescheduled from last year and will now take place between 1 October 2021 and 31 March 2022. 

As the event’s Innovative Enterprise Software Partner, SAP Ariba solutions will fully digitise and automate the procure-to-pay lifecycle, providing a streamlined experience for thousands of market leading, global suppliers and strengthening the global supply chain with enhanced transparency and efficiency. The cloud-based platforms operate through on SAP Ariba’s UAE public cloud data centre and connects to the Ariba Network. 

Expo 2020 "a long-term investment"

Mohammed AlHashmi, Chief Technology Officer, Expo 2020 Dubai, said the world trade event is  “a long-term investment in the future that aims to enhance opportunities for sustainable business connectivity and growth”, which stretches beyond Expo 2020’s six-month window. 

“Our partnership with SAP is an example of what can be achieved with the invaluable support of our technology partners to host one of the most digitally advanced World Expos ever,” he added. “The implementation of SAP Ariba solutions has transformed our end-to-end procure-to-pay cycle and helped set new standards of procurement automation for projects of this scale.”

To date, more than AED 1bn has already been transacted by Expo 2020 suppliers through SAP Ariba. The platform promotes collaborative partnerships and allows registered users to participate in sourcing events, negotiate and initiate contracts, and centralise their invoicing and payments in real time. 

Claudio Muruzabal, President of EMEA South, SAP, said: “Expo 2020 Dubai is demonstrating global best practices in digitising its procurement process with SAP Ariba solutions to help gain visibility into its spend, tighten collaboration with its suppliers, and achieve process automation, including completely paperless invoicing.”

About Expo 2020 Dubai

Expo 2020 will take place in Dubai and is the first of the long-running World Expos to be hosted in the Middle East, Africa and South Asia territory. The original World Expo, called the Great Exhibiton, was hosted in 1851 at the Crystal Palace in London, designed as a showcase for the innovations of the Industrial Revolution. 

Expo 2020 was originally due to run 20 October 2020 to 10 April 2021, but was last year postponed in light of COVID-19 restrictions - though some business has already taken place virtually. The event will place greater emphasis on innovation in sustainable solutions through the Sustainability District, blending technology and culture. It is expected that around 70 per cent of the 25 million attendees will be international visitors. 

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