Bulgargaz Pursues Legal Action Against Gazprom Over Gas Supply Cuts
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
The Board of Directors of Bulgarian Energy Holding (BEH) have announced a reshuffle of the top management of subsidiaries Bulgargaz and Maritsa Iztok 2.
Two new members – Boris Todorov and Georgi Gegov - have been elected to the Board of Directors, along with Dimitar Gogov, who has been until now the CEO of Bulgargaz.
The BEH board have also decided to make changes to the senior management at Maritsa Iztok 2, appointing Jivko Dinchev, Ilko Jeliazkov and Georgi Hristozov as new members. Hristozov was, until now, CEO at Maritsa Iztok (Maritsa East 2).
Two serving members of the board of management of the thermal power plant, Evgeny Stoikov and Georgi Hadjiyski, were removed from their positions.
Bulgarian Energy Holding EAD (BEH EAD) was incorporated on 18.09.2008. It is a shareholding company with 100% state owned participation.
The Holding includes Mini Maritsa Iztok, Maritsa East 2 TPP, Kozloduy NPP, NEK, Electricity System Operator, Bulgargaz, Bulgartransgaz and Bulgartel.
BEH assets amount to BGN 10,7 B, group total revenue for the nine months of 2009 amounted to BGN 3.6 B, and the group employs some 22 000 people.
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