Eurohold has overcome the latest regulatory requirement to acquire the Bulgarian assets of CEZ Electro Bulgaria. The Energy and Water Regulatory Commission has authorized a deal for acquiring 67% of the electricity distribution company's assets, BNR’s Horizont program reported. For 350 million euros Eurohold takes control over the business of "CEZ Group" in Bulgaria through its subsidiary and specially created for this purpose - Eastern European Electric Company
The sale of CEZ's Bulgarian assets could not be completed for several years. Initially, the Commission for Protection of Competition did not authorize the deal because Eurohold was mainly involved in insurance.
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
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