Following a decision of Bulgaria’s National Assembly, the state will be able to take control over the oil refinery in Burgas if necessary. The Minister of Economy, at the proposal of an advisory council, may temporarily appoint a special commercial manager. He will take over the management if EU provisions are infringed, there is a threat to national security, there is a risk to the supply of critical resources, or when distortion of competition occurs.
Vazrazhdane was the only party that voted against. It called the National Assembly’s decision “an anti-market nationalisation”. "There is no nationalisation, because no property is being taken away", MP Martin Dimitrov from “Democratic Bulgaria” coalition said in return.
Today the 33rd Bulgarian Polar Expedition left the port of Varna for Antarctica. For the third year in a row, Bulgarian polar explorers will sail on the military research vessel "St Cyril and Methodius". This time, two cadets from Romania will be on..
From today until 9 November, the Central Military Club in Sofia will host the Sofia Information Integrity Forum 2024 . The event will bring together world-leading experts in various fields to discuss the latest technological advances and strategies in..
The Bulgarian Ministry of Defense has signed a contract with Polish state company Wojskowe Zakłady Lotnicze Nr 2 S.A. for major repair of six MiG-29 aircraft engines. The maximum period for carrying out the repair of each engine will be no more..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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