News

From Bulgaria
08.12.2011 17:19

E.ON Bulgaria to Tighten Illegal Consumption Measures

E.ON Bulgaria Newtorks is starting inspections in order to decrease the illegal consumption of electricity. The company is also investing in the installation of new remote-reading electric meters.   This year E.ON registered 5900 breaches,
08.12.2011 17:03

Regional Master Plans for the Water Sector Underway

Three contracts amounting to a total of EUR 12.3 mn were signed today for the preparation of regional general plans of the water supply and treatment systems across the country. The chosen consortiums should complete the master plans within 18 month,
07.12.2011 17:38

Bulgaria Retreats from Burgas-Alexandrupolis Oil Pipeline

The Bulgarian Government decided to terminate the participation of the country in the oil pipeline project Burgas-Alexandrupolis, BNR reported. The government suggests that the agreement for the project between the Bulgarian and Greek sides be terminated
06.12.2011 17:39

Bulgaria Lines up 9th in Internet Speed

According to www.netindex.com Bulgaria is in the top 10, ranking 9th, in the chart for fastest internet access. This was announced during a press conference organized by telecom operator Mtel.   Mtel presented the progress of its GPON network
06.12.2011 11:36

Energo-Pro: Bulgaria is a good place for business

With the acquisition of E.ON Bulgaria, the Czech company Energo-Pro a.s. will be servicing the electricity distribution market in Northeastern Bulgaria.   It is expected that the final transfer of shares to the Czech owners will take place
05.12.2011 18:14

Bulgarian Companies to Participate in Georgian Infrastructure Projects

There is a possibility that a direct airline between Bulgaria and Georgia is open. This was one of the main topics of the meeting of Bulgarian economy minister Traicho Traikov and Georgian minister of economy and sustainability Vera Kobalia.   The
04.12.2011 10:54

E.ON Bulgaria Sold to Czech Company Energo-Pro

E.ON signed an agreement today with the Czech company Energo-Pro to sell its 100 percent subsidiary E.ON Bulgaria. The volume of the transaction amounts to 133 million euros. The company, based in Varna, operates a distribution network of about 42.000
02.12.2011 14:31

BDZ to Pay Only EUR 15m of Its Loan from German KfW

Bulgaria’s national railway company will only pay EUR 15 m of its loan from Germany’s KfW. This was settled during a meeting between Bulgarian transport minister Ivailo Moskovski and German state secretary Ernst Burgbacher in Berlin.
01.12.2011 17:10

Bulgaria to Speed up Administrative Work on South Stream

The Bulgarian government has voted the stretch from South Stream gas pipeline which crosses the country a project of national critical importance.   This status would speed up the administrative work on the projects start and completion.   From
30.11.2011 16:25

LTE Made Available for Business in 2012

Mtel will make its LTE/4G network available for businesses as of early 2012. The telecom operator will deploy its network first in Sofia, Varna, Ruse and Dobrich.   Request for joining the network can be made at www.mtel.bg/lte.
29.11.2011 15:44

Bulgaria Vows for Timely Completion of TEN-T Projects

Bulgaria’s transport minister Ivailo Moskovski took part in the TEN-T days in Brussels, Belgium, where he spoke about Bulgaria’s role in the Trans-European Transport Network.   “The modernization of the transport infrastructure
29.11.2011 13:26

Regulator Mulls Higher Water Prices for Higher Consumption

The State Energy and Water Regulatory Commission today proposed a new tariff scheme for water consumption, consisting in prices rising with consumption volume. The aim is to stimulate water savings.   We will have to approve price increase
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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