News

From Bulgaria
06.07.2016 17:18

Energo-Pro Varna Changes Corporate Form to EOOD (Sole Owner JSC)

Energo-pro Varna OOD (Sole Proprietorship Ltd.) has been restructured into Energo-Pro Varna Sole Owner JSC, or EAD by Bulgarian law. Energo-Pro EAD is majority owner of distribution grid operator Energo-Pro Mrezhi, customer supplier Energo-Pro Sales
05.07.2016 15:08

Bulgarian Energy Holding Names New Kozloduy NPP CEO

The BD of the state-owned Bulgarian Energy Holding (BEH) has decided to appoint current Kozloduy NPP deputy CEO at the helm of Bulgaria’s sole nuclear power plant. Ivan Andreev thus succeeds Dimitar Angelov at this position, as Angelov’s
01.07.2016 16:47

EC Terminates Case against Bulgaria for Electricity Exports Restrictions

The European Commission has officially terminated Case 4062/12/ENER which looked into restrictions of export of electricity and imposed export fees. The case was launched in 2012 and the EC will not take any following actions and sanctions, the Bulgarian
30.06.2016 10:47

Bulgarian Road Infrastructure Agency Awarded GIS Prize

The Bulgarian Road Infrastructure Agency (ARI) has been among the awarded at the Special Achievements in GIS event, held in San Diego, U.S. The GIS system of the ARI has been selected and ultimately awarded among more than 100,000 candidates in
29.06.2016 17:58

Bulgaria Reaffirms Interest in Energy Projects with Russia, by EU Rules

Bulgaria is still ready to work on large energy projects in partnership with Russia, as long as EU rules are observed, Bulgarian PM Boyko Borisov said today during a press conference following his meeting with European Council President Donald Tusk.
28.06.2016 15:22

Bulgaria: Natural Gas Price to Go Down with Nearly 10% in Q3

Bulgaria’s energy watchdog has approved today the new regulated gas price for the third quarter of the year. Bulgaria’s state-owned single importer of Russian gas – Bulgargaz, will thus sell 1000 cub. m of natural gas for BGN 281.08
23.06.2016 11:24

TPP “AES Galabovo” Celebrated Its 5th Anniversary

On June 3, 2016 TPP “AES Galabovo”, the most modern thermal power plant in Bulgaria and Eastern Europe, celebrated its 5th anniversary since the start of its successful operations in the country. „We believe AES contributed strongly
22.06.2016 13:57

The Independent Bulgarian Energy Exchange Seeks BGN 4 Million Loan

The Independent Bulgarian Energy Exchange (IBEX), part of the state-run Bulgarian Energy Holding (BEH), announced a call for offers for a BGN 4 million (about EUR 2 m) loan which the company intends to use for its routine expenses related to its
22.06.2016 12:14

Tusk, Borisov Discussed Belene NPP Tribunal Outcome

Bulgarian PM Boiko Borisov has presented to European Council President Donald Tusk the outcome of Atomstroyexport (Russia) – National Electricity Company (NEK, Bulgaria) lawsuit over the cancelled Belene NPP project. Borisov informed Tusk by
20.06.2016 17:20

Atomstroyexport Tribunal Outcome Will Not Have Impact on Electricity Prices (Bulgarian Energy Minister)

The price of electricity will not go up in relation to the outcome of tribunal between Russia’s Atomstroyexport and Bulgaria’s National Electricity Company (NEK), Bulgarian energy minister Temenuzhka Petkova said, as reported by Nova
09.06.2016 16:13

Planned Bulgarian Gas Hub to Get Supplies from Eastring

Bulgarian gas transmission system operator Bulgartransgaz and its Slovak counterpart Eustream have signed today a memorandum of understanding which would allow the planned Balkan Gas Hub in Bulgaria to get gas supplies from the pipeline Eastring,
08.06.2016 11:55

Bulgarian Regulator: Gas Prices to Go Down Despite Oil Fluctuations

Natural gas in Bulgaria will go down by approximately 10 percent as of July 1, as previously announced. This will happen despite any oil price fluctuations on the international markets, Bulgarian energy regulator chairman Prof. Ivan Ivanov informed. “What
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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