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

One of two CEOs of the Bulgarian Energy Holding dismissed

Photo: BGNES

The Bulgarian Energy Holding, BEH, once again has just one CEO, after the holding had two for about a week.

At an extraordinary sitting yesterday, the Bulgarian Energy Holding board members, freshly appointed by Energy Minister Andrey Zhivkov, decided to relieve one of the two CEOs, Valentin Nikolov from the post, and from now on it will only have one - Ivan Andreev.

After failing to replace BEH’s management in the summer, about a week ago Minister Zhivkov increased the number of people who sit on the board of directors from 5 to 9, and the CEOs from 1 to 2, appointing Ivan Andreev to the second Chief Executive Officer position.

Valentin Nikolov stated that he had not been invited to attend the board sitting adding that he had not yet decided whether to appeal the decision or not, BNR’s Juliana Kornazheva reports.



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

The sun also rises on Wednesday

On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in lowland and basin areas. Later during the day, cloud cover will decrease to mostly sunny in many..

published on 11/11/25 7:05 PM

Average social security income reaches 962.25 EUR

The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security income for the country for the period October 1, 2024 to September 30, 2025 is 919.3 EUR, the..

published on 11/11/25 5:46 PM
Zhecho Stankov

Bulgaria has ample fuel reserves, says Energy Minister

Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended period. “Our priority is secure supply at affordable prices — and that is guaranteed, ” Stankov..

published on 11/11/25 4:37 PM