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

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