News

From Bulgaria
28.07.2016 14:06

IBEX Published Draft of Rules for Bulgarian Market for Bilateral Contracts

In reference with the forthcoming launch of the Centralized Market for Bilateral Contracts the Independent Bulgarian Energy Exchnage (IBEX) is publishing a draft of the Rules for Centralized Market for Electricity Trading through Bilateral Contracts. The
27.07.2016 10:28

The Bulgarian Energy Holding Placed Successfully an EUR 550 Million Eurobond

The Bulgarian Energy Holding EAD (BEH) has successfully placed on Tuesday its second Eurobond issue for EUR 550 million on the Irish Stock Exchange, a press release by BEH said today. Last week representatives of the holding held intensive meetings
26.07.2016 17:24

Water Utilities, Energy Companies in Bulgaria Obliged to Publish Financial Statements

Energy companies and water utilities, along with municipal companies, will have to publish regular financial statements, even though they are not considered issuers as defined by the Public Offering of Securities Act (POSA). The latest changes
25.07.2016 10:56

Bulgaria – Romania Gas Interconnector to Be Completed by Fall-2016

In the end of this year Bulgaria will have its first completed natural gas interconnector, Bulgarian energy minister Temenuzhka Petkova said during an inspection of the Bulgaria – Romania interconnector on Saturday. Petkova, together with her
21.07.2016 16:30

Natural Gas Demand in Bulgaria to Increase with 40% by 2025 (Bulgartransgaz)

The demand for natural gas in Bulgaria is to grow significantly with some 40 per cent by 2025, Bulgarian state-owned gas transport grid operator Bulgartransgaz said in its report for the grid development over the next 10 years. The report was presented
15.07.2016 12:09

Bulgarian Energy Holding Kicks Off Meetings with Investors on July 18

The Bulgarian Energy Holding EAD (BEH) has announced that it has mandated J.P. Morgan and Banca IMI, to arrange a series of fixed income investor meetings in the UK and Continental Europe, commencing on July 18th. BEH is Bulgaria’s largest
13.07.2016 16:19

Planned Bulgaria-Greece HV Power Line Declared Site of National Importance

The planned new overhead high-voltage power line between Bulgaria’s coal power producing Maritsa East Basin and Nea Santa in Greece has been declared site of national importance by the Bulgarian Council of Ministers. The HV power line, as
12.07.2016 15:26

Iran Offers to Build Oil Refinery in Bulgaria

Iranian ambassador in Bulgaria Golamreza Bageri Mogadam has expressed Tehran’s willingness to build an oil refinery near the Bulgarian seaside city of Varna. The ambassador has met Monday with Varna Province governor Dancho Simeonov, Sega reported. The
11.07.2016 12:34

Borisov: Bulgaria Offered Participation in New Transport, Gas Corridor with Iran

Bulgaria has received an offer to take part in a new transport and energy corridor which also includes Iran, Armenia and Georgia, Bulgarian PM Boyko Borisov said today following his meeting with Iranian VP Eshaq Jahangiri. “Through the ports
08.07.2016 14:55

NUKEM Technologies-Led Consortium to Build Bulgarian Radioactive Waste Repository

A consortium led by German NUKEM Technologies GmbH which teamed up with four Bulgarian companies will build the first phase of Bulgaria’s national repository for medium and high-level radioactive waste. The project will be financed with EUR
08.07.2016 11:39

EBRD, Overgas Sign MoU for Funding Gas Supply to 10,000 Bulgarian Households

Bulgarian private natural gas distribution network operator Overgas Mrezhi announced that it has signed a memorandum for understanding with the Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) under the
07.07.2016 14:07

Bulgaria Awaits EC Approval of BGN 600 M State-Aid for State Railways

By the end of September the European Commission (EC) should approve a BGN 600 m (about EUR 300 m) state-aid for the Bulgarian State Railways (BDZ), Bulgarian transport minister Ivaylo Moskovski said, as quoted by the Bulgarian National Radio. The
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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