Eurohold has overcome the latest regulatory requirement to acquire the Bulgarian assets of CEZ Electro Bulgaria. The Energy and Water Regulatory Commission has authorized a deal for acquiring 67% of the electricity distribution company's assets, BNR’s Horizont program reported. For 350 million euros Eurohold takes control over the business of "CEZ Group" in Bulgaria through its subsidiary and specially created for this purpose - Eastern European Electric Company
The sale of CEZ's Bulgarian assets could not be completed for several years. Initially, the Commission for Protection of Competition did not authorize the deal because Eurohold was mainly involved in insurance.
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers. "Romania was..
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN),..
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