Bulgargaz requested from the Energy and Water Regulatory Commission to increase the price of natural gas with 13.5% in the first quarter of 2017. According to the proposal of Bulgargaz, the new price of the natural gas should amount to EUR 155 (303 Leva) per 1,000 cubic meters excluding excise duty and VAT. However, EWRC is unlikely to agree on such a big increase, because it would also mean a sharp increase in the price of central heating. Last month the Chairman of the Energy and Water Regulatory Commission Ivan Ivanov announced that the gas price will probably see a slight increase which would not influence the price of hot water and central heating.
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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