Send to Kindle
Photo by BGNES
Sofia's heating utility Toplofikatsia must receive BGN 100 M by Bulgaria's National Electricity Company (NEK) for the energy it has produced.
Toplofikatsia Sofia's chief executive Stoyan Tsvetanov said that NEK's liabilities, if paid, will help the company to get rid of its own debts amounting to BGN 628 M, the website Money.bg reports.
This is the last of many claims to the indebted state-owned NEK, which has recently been embroiled in a dispute with power distributors operating in Bulgaria over financial obligations worth hundreds of millions of BGN.
Toplofikatsia is no less affected by ongoing political affairs, after in February the Competition Protection Commission (CPC) decided to impose a penalty on the heating utility due to alleged abuse of dominant position.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Sofia's Lunar Festival of Lights is back, illuminating the city with more than 20 captivating light installations across its most iconic landmarks.
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
In a chilling turn of events, the lifeless body of a man was discovered in Sofia's "Zapaden Park" yesterday, as reported by NovaTV
In connection with the replacement of a shut-off valve on "Beli Dunav" street, district "Nadezhda-3" from Sofia Water warns that today (April 16) it is necessary to stop the water supply from 9:00 a.m. to 9:00 p.m.
Sofia residents who have dutifully paid their local taxes for the year 2024 have collectively pocketed a substantial sum, saving a remarkable BGN 4,678 million by April 14
Boryana Kaleyn secured victory and Stiliana Nikolova clinched second place in the women's all-around competition at the Rhythmic Gymnastics World Cup held in Sofia
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
