Bulgarian employers’ organizations met with President Rumen Radev to discuss ways of helping businesses mitigate the increase in electricity prices. They considered specific scenarios of compensating businesses for…
According to Bulgarian National Statistical Institute, production of electricity in October 2021 decreased by 2 %, compared to September, to 3,930 GWh, while consumption of electricity…
Bulgarian state-owned gas supplier Bulgargaz is has proposed higher wholesale natural gas price to be applied in January 2022. The statement from the company said that…
According to the Bulgarian Industrial Capital Association (BICA), representatives of employers’ organizations demanded an urgent convening of the National Security Advisory Council and a meeting with…
Bulgarian Minister of Energy Aleksandar Nikolov announced that German renewable energy company AE Solar will invest 150 million euros in the construction of the solar panel…
CEOs of Bulgarian natural gas transmission system operator Bulgargaz and its Greek counterpart DESFA, Vladimir Malinov and Maria Rita Galli, have signed a letter of intent…
S&P Global Ratings said that it has raised its long- term issuer credit rating of Bulgarian state-owned National Electricity Company (NEK) to BB- from B+ with…
Bulgarian Minister of Energy Alexander Nikolov said that the compensation for high electricity prices for businesses is expected to be paid from December until March 2022,…
Bulgarian state-owned coal-fired thermal power plant Maritsa East 2 recorded a net loss in the amount of 93.2 million euros in the first nine months of…
State-owned National Electricity Company (NEK), a subsidiary of BEH, recorded a net profit in the amount of 142.3 million euros in the first nine months of…