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

Unions and businesses protest against hike in industrial electricity prices

Photo: BTA

Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in the price of electricity to the price of their products and those with international contracts will go bankrupt - Velev added. Others will have to cut workers' wages or social benefits. 
As social partners, BICA and the trade unions insist that the state be clear about the key economic indicators for 2025 and continue to compensate industry for the excessively high price of electricity. 

"We are not talking about aid, we are talking about compensation. Compensation is not related to the state budget, it is available in case of high prices," Velev explained. If no compensation is decided, the employers will protest together with the trade unions on 15 January at 11 am, the press conference announced. 



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

Bulgaria’s debt for 2024 amounts to 24.1% of the GDP

Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..

published on 4/22/25 12:16 PM
Plamen Dimitrov

62% of Bulgarian workers earn less than the living wage

A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..

published on 4/22/25 11:21 AM

"Flower in a Test Tube" – a biotechnology startup that tells the story of the power of the human spirit

"Flower in a Test Tube" is an innovative project that creates a new product using plant biotechnology. But it does more than that—it tells a story about the power of the human mind and heart. The idea comes from Petar Neftelimov, a young man born with..

published on 4/18/25 7:05 AM