Environmental Global Market
Insights and Opportunities
Overview: Bulgaria's accession to the EU requires a large-scale environmental remediation and implementation of new environmental standards. Bulgaria will have to invest more than EUR11.6 billion by 2013 in order to meet EU environmental requirements, some of the funding coming from EU funds for environmental infrastructure projects. Bulgaria will need to import almost all of the technology for these requirements, and U.S. companies that possess world-class technology, equipment, services and systems at competitive prices will be best poised to benefit from these opportunities.
Water and wastewater: Most industries in Bulgaria need to construct or upgrade their wastewater treatment facilities in the next 3-4 years in order to meet the new EU requirement. Urban wastewater treatment plants are planned for 430 cities and towns with populations over 2,000 until 2015.
Solid waste: Currently, Bulgaria utilizes landfills for the disposal for municipal waste. The EU requires Bulgaria to decrease the number of landfills. There is a critical need to find more environmentally friendly ways to handle hazardous, solid, and industrial waste, such as waste-to-energy, recycling, and waste minimization.
Air: The air-pollution control sector will provide opportunities for construction of air-pollution control installations at large industrial facilities