News

From Bulgaria
30.08.2012 14:30

Sofia Awaits the Visit of EC President Jose Manuel Barroso

Jose Manuel Barroso, head of the European Commission, is scheduled to visit Bulgaria’s capital Sofia on August 31. During his visit he will have private talks with Bulgarian PM Boiko Borisov and President Rosen Plevneliev.   In feverish
27.08.2012 16:57

Westinghouse Selected to Carry Out Feasibility Study of Planned New Reactor

Westinghouse has been awarded a contract for a feasibility study for a new reactor at Bulgaria’s Kozloduy nuclear power plant. The contract was signed today in Sofia by Westinghouse Vice President for Southern Europe Javier Gonzalez and by
27.08.2012 12:24

Four Companies Interested in Bulgarian Arms Producer VMZ

Four candidate buyers filed bids for Sopot-based arms manufacturer VMZ, the privatization agency said.   Local companies Sage Consultants, Emko and Dunarit, as well as lawyer Tihomir Trendafilov, submitted bids in a tender for 100% of VMZ
27.08.2012 11:41

Bulgaria Signs Feasibility Study Contract for New Reactor at Kozloduy Station

Today at 14.00h EET Bulgarian minister of economy, energy and tourism is expected to sign the contract for the feasibility study of a new planned reactor at Bulgaria’s sole nuclear station Kozloduy.   From the ministry declined to announce
22.08.2012 11:37

Bulgaria Cannot Influence the Price of Fuels, Minister Said

The state does not have the instruments to tap the prices of fuels in Bulgaria. We can only partly influence the excise duty and the taxes. The excise policy, however, is prepared jointly with the EU and any changes are to be discussed with Brussels
22.08.2012 10:40

State Railways CEO Resigns

The CEO of the indebted Bulgarian state railways (BDZ) has resigned, citing personal reasons. This was announced today by transport minister Ivailo Moskovski during the first sod of a part of Sofia’s ring road, BNR reported.   BDZ financial
17.08.2012 14:37

Lesnovo Airort to Host International Aerobatics Contest

On August 25 and 26, Lesnovo Airport located near Sofia will host a special air show with aerobatics demonstrations. The event is dedicated to the 100th anniversary of the first Bulgarian flight over  the country.   This will be the first
13.08.2012 11:43

EVN, CEZ Invest in Grids, Remote Metering

CEZ Bulgaria and EVN Bulgaria are making substantial investments in the amelioration in electric grids and remote metering.   CEZ, which operates in Northwestern Bulgaria, plans to spend BGN 2 m (EUR 1 m) in grid works this August, the biggest
10.08.2012 14:23

Photoreporters Change Cars for Bicycles

Inspired by the decision of Sofia police officers patrolling on two wheels in parks, the photoreporters of Bulfoto agency decided to hop on the bikes.   Their new vehicles of the model City Hawk are provided by Bulgarian bicycle producer Drag.
08.08.2012 13:40

Cameron, Barroso Expected to Support Bulgaria’s Participation in Nabucco

Bulgaria is expecting a solid support from the U.K. on the matters of securing diversified and cheaper gas supply. This became clear after Bulgaria’s PM Boiko Borisov met with his British counterpart David Cameron yesterday in London.   Oil
07.08.2012 14:41

Bulgarian State-Owned Energy Companies Struggle with Shrinking Revenues

A substantial fall of incomes and even a turn to losses mark the financial results of the Bulgarian state-run energy companies in H1 of 2012, Capital Daily wrote.   The National Electricity Company (NEK) was already at a loss in the first
03.08.2012 13:43

Bulgarian Energy Minister: NPP in Belene is unbearable burden

The price to construct a second Nuclear Power Plant on the Danube river, near town of Belene, is an impossible burden for Bulgaria, and will be the double of all assets of the country's energy sector. The statement was made today by Bulgaria's
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Energy Transformation – Trends and drivers
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