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

GERB: Petkov's cabinet has given Bulgaria's entire energy sector to offshore company

Photo: BGNES

The entire Bulgarian energy sector was given on a concession to an offshore company by the previous government of Kiril Petkov. The $1 billion MoU with Gemcorp has not been terminated. We are reporting to the National Security Agency, the Ministry of the Interior and the European Commission, deputies from GERB announced at a press conference.

"Kiril Petkov hoped to return to power and hid the report of the National Security Agency for 3 months. At a secret government meeting, it was decided to terminate the contract, but it was not terminated, the deputies claim. 
GERB will demand the establishment of a temporary parliamentary committee on the case.

According to the Financial Times, the offshore company Gemcorp is backed by the Kremlin and involved with a sanctioned Russian arms manufacturer.



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

Train owned by Bulgarian railway company crashes in Romania, one person dies

A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the train conductor of the private Bulgarian company, who is a Romanian citizen, died in the accident...

published on 2/19/25 4:46 PM

Sofia Airport is now officially renamed to Vasil Levski Airport

Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister and Minister of Transport Grozdan Karadjov, CEO of the airport operator “SOF Connect” Jesus..

published on 2/19/25 3:03 PM

A wounded Bulgarian citizen remains among the Hamas hostages in Gaza

Bulgarian diplomacy, without showing off, is using its influence to free the Bulgarian citizens who are hostages of Hamas in Gaza. We thanked the Bulgarian Ambassador Slavena Gergova and the EU Ambassador to Israel Dimitar Tsanchev, the Bulgarian..

published on 2/19/25 2:51 PM