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

Prime Minister Petkov: No Russian investors in Gemcorp

Kiril Petkov
Photo: BGNES

An in-depth review has been appointed for 5 years back of the Gemcorp consortium with which the government signed a letter of intent for investments in the energy sector in the amount of 1 billion dollars, Prime Minister Kiril Petkov said in the National Assembly. 
"When we signed this letter of intent on their part, we checked whether they had Russian investors and at that time there were none," he explained. In his words, the document is not binding. The prime minister assured that even if there was the slightest doubt, no contract would be signed.



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

Checks reveal drastic price increases in some retail outlets

During joint inspections by the National Revenue Agency, the Commission for Protection of Competition and the Commission for Consumer Protection, price increases of between 5 and 83% were found. The chair of the Commission for..

published on 6/25/25 1:20 PM

Bulgaria is hosting the Best Warrior International Military Competition

The inaugural International Military Competition, 'Best Warrior', is set to take place on 25 and 26 June 2025 at the Vasil Levski National Military University in Veliko Tarnovo . The tournament is organised by the Ministry of Defence, the Defence Staff..

published on 6/25/25 7:35 AM

Sunny and hot weather expected on Wednesday

Sunny weather is in the forecast for Wednesday. It will be hot in the plains and lowlands around and after noon. There will be a light northerly and northwesterly wind, turning to moderate in Eastern Bulgaria. Maximum temperatures will range between..

published on 6/24/25 6:35 PM