Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

State oil company in Bulgaria to guarantee market competition

Photo: BGNES

The National Assembly has approved the establishment of State Oil Company. The amendments to the Law on State Reserves and Wartime Stocks envisage that the new company could not be privatized or go bankrupt.

The company is expected to build a chain of at least 100 gas stations and keep fuels in reserve. It will also operate warehouses, which will be registered like any other private site under the Fuel Act. Its principal will be the Minister of Economy.



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

Project for the integration of refugee children has been launched in Burgas

A project for alternative social services for unaccompanied minor refugees has been launched in Burgas with the aim of their faster and more successful adaptation. Several institutions at the local, national and international levels are involved in the..

published on 8/6/25 6:27 PM

US-based Bulgarian publishes book on cloud application security

Yordan Rouskov, a Bulgarian software architect living in the United States, has published a book titled Cloud Application Security Essentials with Azure: Azure application security, confidential computing, app identity, authentication, and authorization..

published on 8/6/25 5:08 PM

Bulgaria is set to launch a state-owned chain offering affordable local produce

The Bulgarian government has approved the creation of a wholly state-owned joint-stock company , formally described as a sole-shareholder entity with state participation, to operate a new retail chain called Magazin za Horata (“Store for the..

published on 8/6/25 4:41 PM