The Bulgarian Development Bank will help companies over unexpected increases in electricity prices, Minister of Innovation and Growth Daniel Lorer said. For this purpose, loans of up to 100,000 euros will be granted to small and medium-sized enterprises for a period of 4 months. The amount of financing will be determined according to the net value (after deducting the compensation from the state) of the invoices for consumed electricity for January-December 2022, as the bank can cover up to 75% of the value of the invoice. The Minister expressed hope that electricity bills for businesses would fall in the spring.
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index..
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister..
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