News

From Bulgaria
15.11.2011 16:49

Construction of New Airport Terminals in Varna and Burgas Starts Dec.

Fraport Twin Star Airport Management AD, the operator of the airports in Varna and Burgas, signed today the contract for the complete construction of the new passenger terminals of the two facilities. The Turkish holding TIE – ICTAS will carry
14.11.2011 17:39

Bulgargaz Forecasts 18% Price Hike of Gas

Bulgaria’s state-owned gas provider Bulgargaz forecasted a price hike of the fuel as of Jan 1, 2011, with as much as 17.61%, or BGN 699.05/1000 cub m (1EUR=1.96 BGN).   Bulgargaz justified its prognosis with the fact that the energy
14.11.2011 15:41

Positive Result of Stress Test on Bulgaria’s Kozloduy Nuclear Plant

Bulgaria’s sole nuclear power plant Kozloduy is resistible to external atmospheric and man-made negative influences. This way were summoned the results of the stress tests which the NPP underwent from August to October this year. The results
11.11.2011 14:50

Application Procedure for Water and Wastewater Treatment Financing in Bulgaria

The Bulgarian Ministry of Environment and Water (MOEW) announced its project call for municipalities for construction of water supply, sewerage and treatment in agglomerations with 2000-10000 equivalent inhabitants. The total amount of the financing
09.11.2011 12:27

Jean Salessy is the New Procurator of Sofiyska Voda

Today, exactly one year after the acquisition of 77.1% of Sofiyska Voda AD by Veolia Voda, the company announced that it has a new procurator - Jean Salessy. Mr. Salessy has a 30-year experience in institutional development, technical and financial
08.11.2011 17:36

Capacity Fee Introduced for Industrial Electricity Consumers

The reading of electric meters will be carried out during longer periods, if the customers express their consent. These are some of the changes that the new Energy Act foresees. The readings are currently executed every month.   The unsuccessful
04.11.2011 14:53

Burgas-Alexandroupolis Environmental Assessment Approved

Bulgaria’s environmental ministry approved the environmental assessment of planned oil pipeline between Burgas in Bulgaria and Greek town Alexandroupolis.   From the ministry announced that the potential risks of the construction would
04.11.2011 13:31

Bulgaria to Negotiate More One-Time Freight Permits with Russia

Bulgaria’s minister if transport, information technology and communications Ivailo Moskovski will have urgent talks with his Russian Federation counterpart Igor Levitin in order to negotiate additional quantities of one-time freight
03.11.2011 14:31

ContourGlobal Officially Opened Its Investment in Maritsa East 3 TPP

The Bulgarian thermal power plant Maritsa East 3, acquired by the US-based fund ContourGlobal, is the largest single capacity of the company, announced its CEO Joseph Brandt today. Garry Levesley, CEO of TPP ContourGlobal Maritsa East 3 and former
03.11.2011 12:21

Russian Lukoil Considers Buying Wind Turbine Park in Bulgaria

Lukoil plans to acquire a 20 MW wind turbine park in Bulgarian a deal worth EUR 50 M, according to reports of Russian media.   The acquisition of wind power plants is to be wrapped up by end-2011 or the beginning of 2012, the Bulgarian Telegraph
02.11.2011 12:23

Wind Turbines to Power Bulgarian Antarctic Basecamp

Four wind turbines will feed electricity to the Bulgarian Antarctic base St. Kliment Ohridski, situated on Livingston Island.   This was announced by Foundation BNP Paribas Bulgaria which donated funding for the equipment on the occasion of
01.11.2011 17:08

HSBC Likely to Give Positive Feedback on Belene Nuclear Plant

British bank HSBC which was appointed as consultant of Bulgaria’s second nuclear power plant at Belene, will likely assess positively the project, Russian newspaper Kommersant reported today.   This would likely be in favor of Russia’s
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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