The Commission for Protection of Competition has filed cartel claims against six petrol and diesel retail companies-Lukoil Bulgaria EOOD, Eco Bulgaria EAD, Shell Bulgaria EAD, OMV Bulgaria OOD, Nis Petrol EOOD and Petrol AD. Based on inspections and analyses, CPC believes that the actions of the abovementioned companies were “violation consisting of prohibited agreement and/or coordinated practice of exchange of pricing information and conducting a common price policy and exchange of information on sales volumes and of other market information for the purposes of pricing cooperation aimed at restricting, preventing and violating the competition on the market of diesel and petrol in Bulgaria”. Theoretically, if the Commission for Protection of Competition manages to prove the existence of a cartel in court, each company may be fined with up to 10% of its annual turnover. In 2015 the total turnover in that sector amounted to just over EUR 3 billion, Capital daily comments.
The new Deputy Prime Minister and Minister of Transport Grozdan Karadajov has accepted the resignations of the heads of the National Railway Infrastructure Company Stoyan Stoyanov and of BDZ Freight Transport Company Hristiyan Krastev. The resignations..
37.4% of adult Bulgarians strongly agree with the formula of the new government. Another 21.4% accept it, but not strongly. 16.5% somewhat disagree and 20.8% disagree. The rest find it difficult to answer. Thus, the government of Rosen Zhelyazkov,..
Stanislas Stoyanov, a member of the European Parliament from Vazrazhdane, has been elected chair of the Europe of Sovereign Nations (ESN) political group within the European Parliament, according to a statement from the Vazrazhdane press office...
A global campaign focusing on the right of every child to grow up in a family environment has been launched in Sofia on the initiative of the UK..
Since 2007, when Bulgaria joined the European Union, the country has received €16.3 billion in EU funds, according to an analysis by the Institute for..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
Fog
Partly Cloudy
Mostly Cloudy
Cloudy
Clear