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.
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single..
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