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Eurohold becomes owner of seven CEZ companies in Bulgaria

Eurohold has finalized the acquisition and now owns seven CEZ Group companies in Bulgaria, the holding said. The deal is worth 335million euros and is being implemented through the Eastern European Electric Company (EEEC), which is 100% owned..

27.07.21 18:56 |

Bulgarian recovery and sustainability plan published for discussion

The revised Plan for Recovery and Sustainability of Bulgaria has already been published for public discussion, Deputy Prime Minister Atanas Pekanov said. In the new version of the Plan,  more funds for education, healthcare and the social..

20.07.21 19:46 |

TPP "Maritsa East 2" remains active on regulated market for a year

TPP Maritza East 2 will sell 1 million megawatt-hours of its electricity on the regulated market for a period of one year. This has become clear from an order signed by Minister of Energy Andrey Zhivkov. The goal is avoiding stop of operation of..

28.06.21 18:43 |

Mining and energy sectors in Bulgaria are leaders in high paying salaries

The highest average gross monthly salary in Bulgaria for 2019 was in the municipality of Chelopech - 1245 euros. The municipality of Kozloduy holds second place with 1093 euros, followed by Radnevo with 935 euros, the Institute for..

24.03.21 17:17 |

Bulgaria becomes unavoidable factor on European gas map, Prime Minister says

Bulgarian Prime Minister Boyko Borissov has inspected the construction of the Nova Provadia compressor station part of the Balkan Stream gas pipeline , which is the last stage in the implementation of the project for "Expansion of..

21.03.21 11:30 |

Balkan Gas Hub demands commercial license for 35 years

On March 9, at 10 am at a public meeting, Bulgaria's Energy and Water Regulatory Commission will discuss the license of Balkan Gas Hub EAD , BTA reported. The company has requested to be issued a license for a period of 35 years to carry out the activity..

09.03.21 07:25 |

Talks over more regions joining Just Transition Fund underway

Nearly 1 billion euros have been earmarked for technological modernization, green transition and digitalisation for small and medium-sized enterprises in Bulgaria under the EU-funded Recovery Plan , Prime Minister Boyko Borissov..

23.02.21 17:29 |

Balkan Stream expected to pay off in 10 years

Bulgaria has some of the most competitive natural gas prices in Europe. They are significantly lower than the stock market ones and this has happened thanks to renegotiated terms with Gazprom and the contract with Azerbaijan,..

05.02.21 11:54 |

EU to support energy transition in 3 Bulgarian regions at risk

Decarbonisation is a great opportunity for Europeans. But decarbonisation policies also involve a number of risks - social, economic, political, Deputy Prime Minister Tomislav Donchev said at an online conference on the topic of "Climate Policy and the..

01.12.20 11:57 |

Skopje freezes investment in Belene NPP

North Macedonia is temporarily withdrawing from investment in Bulgaria's Belene nuclear power plant and focuses on the Greek gas plant in Alexandroupolis. This was what CEO of North Macedonia's state-owned electricity producer Elektrani, Vasko..

25.11.20 09:32 |
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