Time's Up: Last Call for Tax Returns in Bulgaria
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Lukoil plans to acquire a 20 MW wind turbine park in Bulgarian a deal worth EUR 50 M, according to reports of Russian media.
The acquisition of wind power plants is to be wrapped up by end-2011 or the beginning of 2012, the Bulgarian Telegraph Agency (BTA) announced, citing RIA Novosti.
A representative of Lukoil's press office is said to have confirmed the negotiations on the deal.
The Russian oil giant owns Bulgaria's sole operational refinery, Lukoil Neftochim Burgas.
The oil processing plant came under pressure from the state in end-July over the company's failure to mount the mandatory measuring devices within the statutory deadline.
The installation of electronic measuring devices is aimed at providing a real-time connection to the database of the National Revenue Agency (NRA).
Lukoil had its tax warehouse operator permits revoked by the Customs Agency, which resulted in a halt in production and a turmoil in the government over the looming fuel supply shortages.
A few days later, however, the company filed an appeal and the refinery was allowed to resume operations until a final pronouncement of the court on the case.
The next court session on the case has been scheduled for November 09.
In July 2011, the European Commission gave the green light to the establishment of LUKErg Renew, a joint venture of Lukoil Ecoenergo (a wholly-owned subsidiary of Lukoil) and Italian LUKErg Renew.
The parties signed an agreement for the creation of the Russian-Italian joint venture on a parity basis in end-May 2011, with the initial share capital of EUR 35 000 to be paid by each shareholder on a pro rata basis.
The joint venture was set up to implement projects in the sphere of renewable energy use, initially focusing its operations in Bulgaria and Romania, followed by Ukraine and Russia.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The European Commission initiated a new infringement procedure against Bulgaria on Thursday for failing to submit a report on the energy performance of buildings as required by the directive
During his recent visit to Washington, Bulgarian Energy Minister Vladimir Malinov engaged in crucial discussions at the US State Department
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
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU