The specialized criminal court has acquitted businessman Ivo Prokopiev, former finance minister Simeon Djankov and economy minister Traicho Traikov. They were accused of causing the state damages of millions of euros during the sale of a 33% state-owned stake in electricity distribution company EVN.
In December 2011, the achieved average price per share of EVN Bulgaria Elektrorazpredelenie was EUR 835, which is 18.8% above the minimum price. Through the stock exchange transaction, the shares were sold for EUR 47.55 million with an initial evaluation of EUR 39.88 million. According to the prosecution, the assessment was manipulated and the actual market price of the shares was 909 euros per share.
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..
With 128 votes in favour, the governing majority in Parliament and three independent MPs rejected the president’s veto on the Law on Defence and the Armed Forces. The amendments expand the possibilities for declaring a state of emergency and..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
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