The Czech CEZ power supply company is beginning negotiations for the sale of its Bulgarian assets with the company ranked second – India Power.
CEZ told the Bulgarian National Radio that the negotiations with the Bulgarian company Inercom are continuing parallel with the talks with India Power. In a letter to the media, Inercom states that it is working on finalizing the deal and that it has a valid contract with CEZ.
The deadline in which, under the pre-contract concluded in February, Inercom undertook to pay over 320 million euro, expired at the end of November. The Commission for Protection of Competition did not approve the deal, and Inercom appealed the decision before the Supreme Administrative Court. On 20 November the Supreme Court annulled the Commission’s refusal to grant approval for the acquisition of CEZ’s Bulgarian assets by Inercom.
Vice President Iliana Yotova, Minister of Culture Marian Bachev and the Mayor of Montenegro's historic capital Cetinje Nikola Djurašković have named a street in the city after Bulgarian writer Ivan Vazov. In the Balkans, we share a common history,..
If the parliamentary elections were in May, the first political force would again be GERB, with 21.9% support. Second is "We Continue the Change - Democratic Bulgaria", with 14.9%, according to a representative survey by the Market..
201,794 foreign citizens with temporary protection resided in Bulgaria by the end of 2024, according to the report of the State Agency for Refugees. Applications for international protection have almost halved, the report shows. In..
A water blessing of the battle flags and sacred banners was held on Saint George’s Day at the Monument to the Unknown Soldier in Sofia...
On Saint George's Day, the newly elected hegumen of the Zograf Monastery on Mount Athos, Father Gavriil, was elevated from hieromonk to..
''On the eve of the Day of Bravery and the Bulgarian Army — May 6 — I address you with a sense of gratitude and appreciation. You fulfill your military..
sunshine, cloud, rain and thunder
Thunderstorms 