The registration of the new management of the Bulgarian Energy Holding (BEH) has been halted by the court after an appeal by BEH’s former CEO, who was removed from office, Valentin Nikolov, BNR’s Juliana Kornazheva reports.
On Friday Energy Minister Andrey Zhivkov dismissed the holding’s board of directors and the board is appealing the decision. The Ministry of Energy gives as the reason for the dismissal: 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. Valentin Nikolov on his part stated that the minister wanted to take over the companies under the umbrella of the holding: Kozloduy Nuclear Power Plant, Bulgargaz, Bulgartransgaz, Maritsa Iztok Thermal Power Plant, Mini Masritsa Iztok.
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
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