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

Illegal credit, granted to Rumen Gaitanski company and used to buy Varna TPP, under investigation

Photo: BGNES

The prosecutor’s office, the anti-corruption commission and the police are conducting searches of property belonging to Rumen Gaitanski, a.k.a. the Wolf in Sofia. In Kardzhali, searches are underway of companies connected with the former mayor Hasan Azis. Investigators are also searching premises connected with the former director of the Bulgarian Development Bank (BDB) Stoyan Mavrodiev, the BNR reports.The investigation is of a EUR 74.3 million loan granted by the BDB, the prosecutor’s office told the Bulgarian news agency BTA. On 9 August, the anti-corruption commission announced there was reasonable suspicion of violations in the granting of the loan by the BDB which has caused significant damage to the state. The credit was granted to the company Roadway Construction which is connected with Rumen Gaitanski. Part of the credit was used to finance the acquisition of Varna thermal power plant by the honorary chairman of the Movement for Rights and Freedoms Ahmed Dogan.



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

Drop in temperatures, cloudy skies, rain expected in Bulgaria over the weekend

On Saturday, the minimum temperatures in Bulgaria will be from 8 to 13C, in Sofia – 10C. During the day, cloudy weather will prevail. Rain is expected in the southwestern regions. A moderate wind will blow from the east-northeast.  Maximum..

published on 9/26/25 7:25 PM

Bulgarian industry is vulnerable to climate dumping

In economic terms, Bulgaria is highly dependent on carbon-intensive production and is particularly vulnerable to the risk of these productions being shifted to countries with weaker environmental standards, with the corresponding loss of jobs and a..

published on 9/26/25 6:01 PM
Ivan Krastev

Just 10% of children deprived of parental care in Bulgaria can be adopted

Currently, out of nearly 8,000 children deprived of parental care, just 850 have permission for full adoption. This was announced by Deputy Minister of Labor and Social Policy Ivan Krastev at a roundtable in Sofia, specifying that about 3,700 children..

published on 9/26/25 5:35 PM