News

From Bulgaria
28.09.2012 12:05

Bulgaria Rekindles Talks on Belene Nuclear Station Construction

Unnamed western companies joined in the Global Power Consortium have stated their interest in the construction of Bulgaria’s Belene nuclear station project which was abandoned in March this year in favor of a supposedly cheaper new reactor
26.09.2012 13:38

The State Lists Its Share in Energo-Pro Oct. 3

The 33-percent share of the Bulgarian state in electric utility Energo-Pro will be listed on the Sofia Stock Market , the Bulgarian Privatisation Agency announced today. The initial price per share will be BGN 109.87 (about EUR 55) for Energo-Pro
21.09.2012 16:23

BASSCOM warns of IT specialists shortage

Bulgarian IT sector is growing so rapidly, that qualified employees demand can increase significantly next 2 years. Bulgarian Association of Software Companies (BASSCOM)  reached this conclusion after a survey made among the leading IT firms
21.09.2012 14:45

Bulgarian gas regulator approved 0.67% decrease of gas supply price

The Bulgarian State Energy and Water Regulatory Commission has already approved a price decrease of 0.67% for natural gas supply. Price cut will last 3 months, as of October 1. New natural gas price is BGN 728.34 (EUR 372.385) per 1000 m3, value
19.09.2012 14:15

Bulgaria connects Serbian and Turkish borders by 2020

Our main priority in the field of transportation infrastructure is to modernize the entire length of the rail way between the Serbian border trough Plovdiv to Burgas to the east and Svilengrad to the south, where the Turkish and Greek borders are.
19.09.2012 13:23

Milan Zaletel is the New CFO of Mobiltel

As of September 24 Milan Zaletel will take over the position of Chief Financial Officer of Bulgarian telecom Mobiltel, part of Telekom Austria Group. He joins the Mtel after 10 years of experience with Slovenian telecom Si.mobil, also part of Telekom
18.09.2012 15:26

Regulator Approves Natural Gas Price Cut

The Bulgarian State Energy and Water Regulatory Commission (SEWRC) intends to concede to the price decrease for natural gas suggested by state-owned gas company Bulgargaz. As of October 1, natural gas will be 0.67% cheaper, if the regulator approves
17.09.2012 12:46

Government Retro-Actively Slashes Renewable Energy Tariffs

From Tuesday onwards the income of all existing renewable energy projects will be reduced massively. At a secret meeting on Friday night the regulator (SWERC) decided to impose drastic cuts to the tariffs of renewable energy projects in the form
11.09.2012 12:40

Rumiana Trencheva Heads SAP Bulgaria

SAP Bulgaria presented its new CEO Rumiana Trencheva. She succeeds Boicho Delevski on the position, which he occupied for the last two years.   In the last 15 years Mrs. Tancheva occupied key positions in the management of big international
11.09.2012 11:54

Energo-Pro Officially Overtook Electricity Transmission in NE Bulgaria

Energo-Pro is officially the new electricity distribution and electricity supply company for Northeastern Bulgaria. The Czech energy company fortifies its position on the Bulgarian market with the acquisition of the E.ON Bulgaria group companies.   The
10.09.2012 12:23

Discovery Channel Films Transportation of Giant Equipment for Lukoil Refinery

The first of two giant reactors for the Lukoil Neftochim refinery in Burgas has been transported to its final destination after more than a 24-hour rolling through the streets of the seacoast city. The 1600-ton megastructure was transported with
31.08.2012 14:29

Bulgaria Weekly Recap: New Reactor, Gas Deals and Metro Line

Monday was announced that Westinghouse has been awarded a contract for a feasibility study for a new reactor at Bulgaria’s Kozloduy nuclear power plant. Westinghouse was in competition with French nuclear major Areva, which applied independently
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20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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