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.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
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