Home Sweet Home: The Reality of Housing in Bulgaria Revealed
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
Czech utility CEZ, which supplies power to over 2 million households and companies in western Bulgaria, denies the allegations that it has excess profits and exports them abroad.
In an interview for a Bulgarian-language news agency, CEZ Bulgaria's chairman and regional manager, Petr Dokladal, said that the profits from the past nine years had been invested in the electricity grid and for the payment of taxes and fees.
According to the financial statements the net profits of the distribution company CEZ Distribution and the provider CEZ Electro in the period 2005-2013 were BGN 379 M and the EBITDA revenue was BGN 937 M.
In the same period the companies had invested BGN 728 M in the improvement of the electricity grid and paid taxes amounting to BGN 285 M.
The total expenses CEZ Bulgaria incurred amounted to BGN 1.13 B.
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In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022