Bulgaria: BEH recorded 103 million euros profit in Q1

, SEE Energy News

Bulgarian Energy Holding (BEH) recorded a net profit of 103.2 million euros in the first quarter of 2023, compared to 24 million euros profit in the same period last year. In the first three months of the year, BEH recorded an operating profit of 100.4 million euros, compared to a net loss of 750,000 euros in 2022.

BEH pools several state-owned energy companies, including electricity producer National Electricity Company (NEK), coal-fired thermal power plant Maritsa East 2, nuclear power plant Kozloduy, electricity transmission system operator ESO, natural gas transmission system operator Bulgartransgaz and gas supplier Bulgargaz.

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