Text size

"Lukoil Neftohim Burgas" transfers its entire economic activity in Bulgaria

published on 11/21/22 5:43 PM

Photo: BGNES

As of January 1, 2023, "Lukoil Neftohim Burgas" will transfer its entire economic activity to Bulgaria, Deputy Prime Minister for Economic Policy and Minister of Transport and Communications Hristo Alexiev said at a press conference after talks with the company's management.

According to him, this means that all production, all revenues and taxes will be paid in Bulgaria and not in the Netherlands and Switzerland, as was the case until now.

Alexiev explained that the estimates show that after the implementation of the regulation on the taxation of excess profits, the revenues to the state budget this year will be about 51 million euros from Lukoil and next year - about 358 million euros. The additional tax revenues will be distributed to compensate socially vulnerable groups in Bulgaria.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Hristo Alexiev "Lukoil Neftohim Burgas"

More from category

Defence minister Zapryanov (L) takes part in the 61st Munich Security Conference, which opened on Friday.

EU accepts Bulgaria's proposal on defence modernisation spending

A procedure will be introduced to exclude military expenditure from the inflation index, Bulgarian Defence Minister Atanas Zapryanov announced in Munich, BTA reported. Speaking at the Security Conference, the minister said that Bulgaria had been..

published on 2/16/25 11:33 AM

President Radev calls for stronger EU security and urges North Macedonia to implement Consensus 2022

Addressing the crises facing the EU requires strengthening Europe's global competitiveness and ensuring security, President Rumen Radev said during a meeting with European Council President António Costa at the Munich Security Conference...

published on 2/16/25 10:39 AM

Support for protesting Serbian students in Pirot.

Bulgarians and Serbs from Tsaribrod and Pirot support student protests

Bulgarians and Serbs from the towns of Tsaribrod and Pirot marched in support of the student protests in Serbia , reports BTA. "We want the students' demands to be met and we hope that there will be changes in Serbia," demonstrators from the two towns in..

published on 2/16/25 10:27 AM