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

Prime Minister Petkov: No Russian investors in Gemcorp

Kiril Petkov
Photo: BGNES

An in-depth review has been appointed for 5 years back of the Gemcorp consortium with which the government signed a letter of intent for investments in the energy sector in the amount of 1 billion dollars, Prime Minister Kiril Petkov said in the National Assembly. 
"When we signed this letter of intent on their part, we checked whether they had Russian investors and at that time there were none," he explained. In his words, the document is not binding. The prime minister assured that even if there was the slightest doubt, no contract would be signed.



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

A warning for dangerous rainfall has been issued for 12 regions in Southern Bulgaria

On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..

published on 11/27/25 6:45 PM

Varna mayor Blagomir Kotsev released pending trial on €102,258 bond

The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..

published on 11/27/25 5:37 PM

Three detained and five police officers injured at last night's protest in Sofia

Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..

published on 11/27/25 3:50 PM