Bulgaria’s National Assembly approved the report of the Parliamentary Ad Hoc Committee probing the signing and termination of the USD 1 billion memorandum with Gemcorp Holdings Limited and IP3 Corporation by the government of Kiril Petkov. 129 MPs..
After fierce debate, the MPs adopted, with full unanimity, the motion by GERB party for the formation of an ad-hoc committee to look into all circumstances concerning the signing and the termination of the memorandum with Gemcorp Holdings Limited..
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 government has decided to terminate the memorandum with the investment fund Gemcorp for the construction of a battery park in Bulgaria, outgoing Prime Minister Kiril Petkov said for bTV. This would not entail payments for Bulgaria, Kiril Petkov..
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..
