News

From Bulgaria
05.11.2014 16:32

Vranino Gas Project to Be Subject of Further Environmental Assessment

No oil and gas explorations in Bulgaria have brought up actual evidence for environmental harms, judging from the lack of signals and inspection results confirming the opposite, interim environment and waters minister Svetlana Zhekova stated today
05.11.2014 15:26

EVN Completes Heating Infrastructure in Plovdiv West District

EVN Toplofikatsia Bulgaria, a subsidiary of Austria’s EVN, announced today it has completed successfully the construction of a centralized heating grid in Plovdiv’s West district. Residents of the district did not have access to centralised
04.11.2014 16:52

Bulgaria’s Next Intermodal Terminal Planned in Varna

We have put all our efforts in searching for the much needed investments for the engineering and construction of a new intermodal terminal in Varna, interim transport and communications minister Nikolina Angelkova, as cited by Focus News. Varna and
04.11.2014 15:04

Bulgarian Energy Holding Admits to Having Started Assimilating South Stream Loan

The raise of the capital of the South Stream Bulgaria joint-venture in July has allowed the Bulgarian Energy Holding (BEH) to start assimilating a EUR 620.7 million loan provided by Russia’s Gazprom for the construction of the pipeline. With
04.11.2014 13:57

Bulgarian Energy Holding Lends New Credits to Subsidiaries

The nine months earnings before taxes of the state-owned Bulgarian Energy Holding (BEH) have decreased with 55.3% to BGN 118.2 million (about EUR 59.1 million), compared to the same period in 2013, the Q3 financial statement of BEH shows. Meanwhile,
03.11.2014 15:01

Varna TPP Modernisation Not Feasible in Liberalised Electricity Market Mode

The current conditions on the regional power market do not allow forging a reliable business model allowing for the modernization of Varna TPP. This is the main conclusion of the joint work group of Czech company CEZ, owner of the power plant situated
03.11.2014 14:26

Korado Bulgaria Unveils EUR 3 M in Second Production Line in Its Strazhitsa Factory

Korado Bulgaria, a subsidiary of Czech heating equipment maker Korado Group, has installed a second production line in its Strazhitsa steel radiator factory. The EUR 3 million (BGN 6 million)-investment is part of the company’s investment programme
03.11.2014 09:46

ContourGlobal Maritsa East 3 Opened Its Doors for Employees’ Children

For the second time ContourGlobal Maritsa East 3 TPP welcomed its employees’ children in order to acquaint them with the job and workplace of their parents on October 31. This time the participants were 34 and they had the chance to visit not
31.10.2014 13:26

Five Energy Projects in Bulgaria Get EUR 4 M from the European Commission

Member States of the European Union agreed on Wednesday to allocate EUR 647 million in support of key priority infrastructure projects in the energy sector. The bulk of the funds are available for projects in the gas sector and for electricity transmission
30.10.2014 13:19

Bulgarian Heating Utilities Warned to Expect 50% Gas Supply Cut

State-owned gas supplier Bulgargaz has warned district heating utilities to prepare for a 50 percent gas supply cut as of 8.00 EET on Thursday, deputy-chair of the Bulgarian Energy Chamber at the Bulgarian Industrial Association (BIA) Valentin Terziyski
29.10.2014 12:11

Bulgaria Sees Gas System Pressure Drop, Deputy Prime Minister Informed

The pressure in Bulgaria’s gas grid has seen a slight drop in the last few days, Deputy PM Ekaterina Zaharieva informed during a regional energy conference in Sofia, organized by the Bulgarian Energy and Mining Forum (BEMF). “This winter
22.10.2014 15:15

Bulgaria, Romania Plan New Bridges on the Danube

Bulgaria’s Council of Ministers has approved a project MoU with the Romanian government which should facilitate the building of new bridges across the Danube. Priority will be given to two planned road transport bridges, linking Silistra (BG)
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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