The Czech CEZ power supply company is beginning negotiations for the sale of its Bulgarian assets with the company ranked second – India Power.
CEZ told the Bulgarian National Radio that the negotiations with the Bulgarian company Inercom are continuing parallel with the talks with India Power. In a letter to the media, Inercom states that it is working on finalizing the deal and that it has a valid contract with CEZ.
The deadline in which, under the pre-contract concluded in February, Inercom undertook to pay over 320 million euro, expired at the end of November. The Commission for Protection of Competition did not approve the deal, and Inercom appealed the decision before the Supreme Administrative Court. On 20 November the Supreme Court annulled the Commission’s refusal to grant approval for the acquisition of CEZ’s Bulgarian assets by Inercom.
Bulgaria was officially designated among the EU countries at risk of migratory pressure, BNR’s correspondent in Brussels Anguelina Piskova reports, citing the European Commission’s first European Annual Asylum and Migration Report. The document is..
President Rumen Radev has vetoed some of the amendments to the Defence and Armed Forces Act of the Republic of Bulgaria adopted on 30 October this year, the presidential press service has announced. In his motives the president points out that..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in lowland and basin areas. Later during the day, cloud cover will decrease to mostly sunny in many..
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