The National Electrical Company (NEK) has initiated a procedure for the selection of a consultant for the asset valuation of the Belene Nuclear Power Plant project.
These assets will go into a new company, said Petyo Ivanov, CEO of the Bulgarian Energy Holding. One of the ways to separate the assets is by contribution of assets, and the other – by dividing the company itself. For the time being, the plan is to keep NEK as 100 percent owner until the emergence of another potential investor. It is the position of the Bulgarian government that the Belene NPP should be implemented on market principles without state guarantees.
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..
From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..
The parliamentary group of Democratic Bulgaria has offered GERB-SDS and "BSP-United Left" to vote "for" the candidacy of Silvi Kirilov from ITN for the post of Speaker of the 51st National Assembly. Yordan Ivanov, MP from "We Continue the..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
+359 2 9336 661