Podcast in English
Text size
Bulgarian National Radio © 2024 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

National Assembly Speaker Kiselova promises that the 2025 Budget would be adopted in a short time

At a meeting with caretaker Premier Dimitar Glavchev, National Assembly Speaker Natalia Kiselova reaffirmed her intention that the state budget for 2025 be adopted as soon as possible. Before that, however, the parliamentary committees are to..

published on 12/10/24 2:21 PM
Consultations with GERB/SDS

President Radev begins consultations on the formation of a government

The formation of a majority is a pretty challenging task in a highly fragmented parliament. I am glad that parliament is starting its work in substance, said President Rumen Radev at the beginning of his meeting with representatives of GERB/SDS at..

published on 12/10/24 1:36 PM

Ponzi scheme scams Bulgarian investors out of millions

More than 20 reports have so far been submitted to the police connected with a Ponzi scheme - BETL - after it stopped paying out dividends. Collective action cannot, as yet, be taken as the relevant services have to establish who is behind..

published on 12/10/24 12:53 PM