News

From Bulgaria
29.07.2011 14:20

Varna Towers looking for a new owner

Varna Towers the newest large retail and office project in Varna is looking for new owners, Martin Zugrev one of the owners od the Varna Towers OOD enterprise announced. At the moment the sale of the project is being negotiated with a potential buyer
28.07.2011 14:21

Delhaize Group Completes Delta Maxi Acquisition

Delhaize Group (Euronext Brussels: DELB - NYSE: DEG), the Belgian international food retailer, announced yestoday that it has received the unconditional approvals of all relevant merger control authorities and has completed the earlier announced
28.07.2011 10:40

Bulgaria Forced LUKOIL Neftochim Refinery Shutdown

Bulgaria's sole refinery Neftochim Burgas, controlled by Russian oil major LUKOIL is stopping operations after the customs office blocked its oil products sales over tax issues, officials said on Wednesday, Reuters reported.   The customs
27.07.2011 11:02

E.ON Bulgaria Moved to Its New Office in Varna Towers

E.ON Bulgaria welcomes its clients in the new office at Trade and Office Center “Varna Towers”, which is located at N258 “Vladislav Varnenchik” Blvd. in Varna. The first clients visited the new office on July 11 and received
26.07.2011 14:15

Bulgarian ICT Companies Called for EU Funding

Bulgarian ICT companies, universities and institutes have the possibility to participate in a total of 8 tenders, which were called on June 20 by the European Commission. The total amount of the funding is more than EUR 1,2 bn, from the Bulgarian
22.07.2011 10:09

RIAN: Russia's Atomstroyexport sues Bulgarian power firm for EUR 58m

Russia's Atomstroyexport has filed a lawsuit demanding that Bulagria's National Electric Company (NEK) pay 58 million euro in arrears for the construction of Belene nuclear power plant, a representative of the Russian company said.   The legal
21.07.2011 15:35

Minister Traikov: Bulgaria Needs to Control Fuel Prices

Bulgaria needs a special administration which should control the fuel prices, energy minister Traicho Traikov said today, as quoted by BNR.   In his words, the recent fuel price hike was partly due to the rise of the dollar and partly because
20.07.2011 17:22

NEC, EVN Signed on Arda Hydropower Project Construction

Bulgaria’s National Electricity Company and Austria’s EVN announced their partnership for the construction of the hydroelectric cascade Gorna Arda in South-West Bulgaria. Previously, the 30% of the Hydropower Company Gorna Arda (HCGA),
20.07.2011 15:13

Bulgaria Signs Shale Gas Exploration Deal with Chevron

The contract with the American oil and gas company Chevron for shale gas exploration in Bulgaria will be signed within days, Bulgarian energy minister Traicho Traikov said. A couple of environmental organizations are appealing against this decision,
19.07.2011 14:37

Bulgaria and Romania Vow for Massive Danube Hydro Projects

Bulgaria and Romania's economy ministers have discussed two large-scale hydro-energy projects on the Danube, whose future realization is said to harbor great economic potential, novinite.com reported.   Bulgaria's Minister of Economy, Energy,
18.07.2011 18:02

CEZ Falls Back in Developing Its Network

CEZ Bulgaria falls back in developing the electricity network it operates in Western Bulgaria, from the company said last week. CEZ estimates the required investments for a viable and quality network at BGN 650 mn.   The utility claimed that
18.07.2011 16:33

Overgas among Nominated Companies for European Business Awards 2011

Bulgarian gas utility Overgas is among the nominated companies in the 2011European Business Awards. Overgas, along with 10 other Bulgarian companies - Neterra Ltd, Balbok Engineering Co., VMware, Roche Bulgaria, Ficosota Syntez, DSK Bank plc, Quintiles
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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