Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Energy Holding’s management dismissed

Caretaker Energy Minister Andrey Zhivkov
Photo: BGNES

Energy Minister Andrey Zhivkov has dismissed the entire management of the Bulgarian Energy Holding (BEH), including CEO Valentin Nikolov, BEH has announced. The holding’s management was appointed following a competition just under two years ago. A temporary board of directors is to be appointed until a competition is organized.

Lack of results following the minister’s demand that the management of Bulgartransgaz be dismissed due to breaches connected with the Balkan Stream project and unsatisfactory financial performance are the reasons for the dismissal of the management of the holding, the Ministry of Energy told the BNR. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rumen Radev about Lukoil: Legislative changes, revoking the existing protective measures were pushed through at lightning speed

“The excuses of the ruling coalition that they are waiting for the promulgation of the amendments to the Act on the Administrative Regulation of Economic Activities Related to Oil and Petroleum Products they themselves voted, in order to protect..

published on 11/12/25 10:18 AM

European Commission: Bulgaria is among the EU countries at risk of migratory pressure

Bulgaria was officially designated among the EU countries at risk of migratory pressure, BNR’s correspondent in Brussels Anguelina Piskova reports, citing the European Commission’s first European Annual Asylum and Migration Report. The document is..

published on 11/12/25 9:24 AM

President Radev returns Defence and Armed Forces Act amendments for further deliberation in parliament

President Rumen Radev has vetoed some of the amendments to the Defence and Armed Forces Act of the Republic of Bulgaria adopted on 30 October this year, the presidential press service has announced. In his motives the president points out that..

published on 11/12/25 8:58 AM