The Czech CEZ power supply company is beginning negotiations for the sale of its Bulgarian assets with the company ranked second – India Power.
CEZ told the Bulgarian National Radio that the negotiations with the Bulgarian company Inercom are continuing parallel with the talks with India Power. In a letter to the media, Inercom states that it is working on finalizing the deal and that it has a valid contract with CEZ.
The deadline in which, under the pre-contract concluded in February, Inercom undertook to pay over 320 million euro, expired at the end of November. The Commission for Protection of Competition did not approve the deal, and Inercom appealed the decision before the Supreme Administrative Court. On 20 November the Supreme Court annulled the Commission’s refusal to grant approval for the acquisition of CEZ’s Bulgarian assets by Inercom.
The Basic Court in Bitola has handed down a suspended sentence of 1 year with a probationary period of 2 years in the case against Ljubcho Georgievski, chairman of the defunct Ivan Mihaylov Cultural Club , his lawyer Naser Raufi told BTA. Ljubcho..
Thirty teams from 5 countries will vie for the trophy of the 16 th edition of the cup of the football tournament St. Nikola (St. Nicolas) – patron saint of the seaside city of Burgas, and of sailors, the Bulgarian news agency BTA reports. The..
On Friday minimum temperatures will range between 14° C., and 18° C., for Sofia 15° C. Tomorrow will be predominantly sunny with a more significant accumulation of clouds in the afternoon over Eastern Bulgaria where there will be occasional rain..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
“We are witnessing an intensification of the Russian hybrid war against Bulgaria,” Assoc. Prof. Momchil Doychev, co-chairman of the Atlantic..
Data from the beginning of the year put Bulgaria among the top 10 EU countries in the increase in the number of tourists, said Minister of Tourism..
+359 2 9336 661