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.
One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..
Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA. ''Bulgaria's ratings are supported by its strong external and public finance balance sheets versus..
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
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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