Bulgaria’s Premier Kiril Petkov has promised the five nationally representative employers' organizations in Bulgaria that the state would pay higher compensations to non-household consumers of electricity.
The Chairman of the Bulgarian Industrial Association Dobri Mitev and the President of the Bulgarian Industrial Capital Association Vasil Velev told the media that a compensation cap amounting to 127.82 EUR per megawatt has been agreed for January. It will be funded by the exessive profits of the state energy companies. Vasil Velev reminded that the compensation for October and November 2021 amounted to EUR 56.24 and that the compensation for December will ammount to EUR 65.96 per megawatt.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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