Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a positive opinion from the State Agency for National Security (DANS). DANS will be required to conduct a preliminary investigation and issue a written opinion before any transaction involving shares or equity in Lukoil-Bulgaria, Lukoil Neftochim Burgas and Lukoil Aviation Bulgaria.
191 MPs participated in the vote. 119 MPs voted in favor, 70 voted against and two MPs abstained.
Edited by Ivo IvanovPublished and translated by Kostadin Atanasov
Photo: BTA
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
+359 2 9336 661