Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

EC fines Bulgarian Energy Holding 77 million euro for breach of EU antitrust rules

| updated on 12/17/18 7:18 PM
Photo: BGNES

The European Commission has fined Bulgarian Energy Holding (BEH), its gas supply subsidiary Bulgargaz and its gas infrastructure subsidiary Bulgartransgaz (the BEH group) more than 77 million euro for blocking competitors’ access to key gas infrastructure in Bulgaria, in breach of EU antitrust rules.

The EC decision finds that the BEH group holds dominant positions both in the gas infrastructure markets and in the gas supply markets in Bulgaria.

The removal of barriers to entry for competitors will allow the Bulgarian wholesale gas market to function more efficiently, with more buyers and sellers, and give Bulgarian consumers better prices and a choice of gas suppliers, the EC says.

Bulgarian Energy Minister Temenuzhka Petkova said Bulgaria expected to officially receive the European Commission's decision imposing the fine. "The term for paying the fine is three months. Meanwhile, we will do everything we can to protect our national and financial interests," the minister said.

Petkova added she was ready to take the political responsibility for the fine.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

New parking lots with charging stations for electric vehicles open at Sofia Airport

New parking lots with over 1,000 parking spaces, including special areas for people with limited mobility and electric vehicle charging stations, were opened at Sofia Airport today.  The parking lots are divided into short-term and..

published on 11/26/24 3:30 PM

The European Public Prosecutor's Office has charged a Bulgarian citizen with attempted fraud with Chinese agricultural machinery

A Bulgarian businessman has been charged by the European Public Prosecutor's Office with attempted fraud with Chinese agricultural machinery. He tried to present the machinery as Bulgarian-made. A lawsuit has been filed in the Sofia..

published on 11/26/24 2:13 PM

GERB party say they will return the first mandate as soon as they receive it

Boyko Boris s ov, leader of the GERB-SDS coalition that won the parliamentary elections on October 27, announced he is withdrawing his candidacy for prime minister. At a briefing at the party headquarters he urged the PP-DB to..

published on 11/26/24 1:43 PM