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

Bulgarian business wants compensations for expensive electricity

Photo: BTA

Energy-intensive enterprises in Bulgaria are threatened to limit or close production due to high electricity prices. In budget 2024, there is no money envisaged for energy compensations for businesses, for hospitals, schools, kindergartens, and other non-household users. This is what Dobri Mitrev, chairman of the Bulgarian Industrial Association, told BNR.

In a letter to the government, BIA pointed out that the European Commission had proposed to extend the temporary crisis measure for state aid until March 31, 2024, or until the end of 2025, because of an expected new surge in electricity prices. The business insists that the mechanism for 100% compensation from the Electricity System Security Fund for prices higher than 100 euros per megawatt hour should be kept or that a similar mechanism must be agreed with the government.



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

Expect more sunshine, rain, and unsettled weather

On Thursday, lows will be between 9 and 13°C, reaching 9°C in Sofia. It will be mostly sunny during the day, but the atmosphere will be unstable with the development of cumuliform clouds around noon. Rain is expected, and thunderstorms and hail are also..

published on 5/21/25 7:05 PM

Banking services in Bulgaria are among the most accessible in the EU

Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it, banks in Bulgaria offer the lowest interest rates in Europe on newly granted loans to households for..

published on 5/21/25 5:57 PM

Bulgaria attracts 50,000 medical tourists a year

Around 50,000 medical tourists from abroad visit Bulgaria each year. Most of them come for dental care, which is of a high standard and 60–70% cheaper than in other European countries. Arkadi Sharkov of the Bulgarian Hospital Association announced..

published on 5/21/25 4:17 PM