As of 11 May, Bulgaria has full access to the single integrated European electricity market via the platform Day Ahead.
Every Bulgarian business is now able to buy electricity from an EU country with a delivery date on the following day. The price includes payment of the delivery network across all European borders. The deals will only be concluded when there is spare capacity along all borders. The deliveries are starting via Greece. The link with Romania is to become functional within months. This is due to the delayed accession to the single energy market of Romania, Czechia, Hungary and Slovakia, Konstantin Konstantinov, CEO of the Bulgarian independent energy exchange said for the BNR’s Horizont channel.
The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
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