Business

Bulgaria Energy Watchdog Proposes 9.8% Rise in Power Prices

Bulgaria’s energy regulator on Friday proposed to raise power prices for households by 9.

Business » Energy | September 19, 2014, Friday // 21:31 | Viewed: 506

Burgas Miners End Strike

Coal miners’ striking at an underground pit near Burgas over wage arrears have ended their protest action, state-run Bulgarian National Radio reported on Friday.

Business » Energy | September 19, 2014, Friday // 18:39 | Viewed: 361

Bulgaria’s Kozloduy NPP Doubled Profits in 8 Months – Former CEO

Ivan Genov, former CEO of Bulgaria’s Kozloduy Nuclear Power Plant, has insisted that he leaves the N-plant in very good condition.

Business » Energy | September 19, 2014, Friday // 17:49 | Viewed: 403

2 Miners Participating in Underground Strike Taken to Hospital

Two of the miners taking part in an underground strike at the Burgas-based Cherno More Mine (Mina Cherno More Burgas EAD) have been taken to hospital, according to a trade union representative.

Business » Energy | September 19, 2014, Friday // 14:39 | Viewed: 398

Economy Ministry Denies NEK's Blame for Miners' Delayed Salaries

Bulgaria's National Electricity Company (NEK) paid 2.

Business » Energy | September 19, 2014, Friday // 12:54 | Viewed: 441

Bobov Dol Miners Join Strike of Colleagues in Burgas

Workers at the Bobov Dol coal mine have announced they will also hold a strike, the Bulgarian National Radio has reported.

Business » Energy | September 19, 2014, Friday // 11:43 | Viewed: 396

Kozloduy CEO 'Dismissed for Being Expert'

Discharged Kozloduy NPP Chief Executive Ivan Genov has explained the move with lack of political affiliation.

Business » Energy | September 19, 2014, Friday // 09:05 | Viewed: 616

Burgas Miners' Underground Strike Enters Second Day

Workers at Burgas-based Cherno More mine have spent more than 30 hours in the pit in protest over unpaid salaries.

Business » Energy | September 19, 2014, Friday // 08:28 | Viewed: 459

Bulgaria’s President in Azerbaijan for Southern Gas Corridor's First Sod

Bulgarian President Rosen Plevneliev will pay a two-day working visit to Baku.

Business » Energy | September 19, 2014, Friday // 08:19 | Viewed: 1206

CEO of Bulgaria’s Kozloduy Nuclear Power Plant Replaced Overnight

Ivan Genov, Chief Executive of the Kozloduy Nuclear Power Plant has been replaced through a decision of the Bulgarian Energy Holding (BEH).

Business » Energy | September 19, 2014, Friday // 07:39 | Viewed: 769

EU Parliament Urges Tough Conditions for South Stream

The European Parliament has called on Brussels to attach more strings to the South Stream pipeline project.

Business » Energy | September 18, 2014, Thursday // 16:15 | Viewed: 870

Bulgaria Threatens to Terminate Contract for Struma Motorway Lot 4 with Greece’s Aktor

Bulgaria will terminate the contract with Greek company Aktor for Lot 4 of the Struma motorway unless it makes a commitment to complete it in 3-4 months, according to caretaker Transport Minister Nikolina Angelkova.

Business | September 18, 2014, Thursday // 13:48 | Viewed: 1058

Russia to Evacuate 300 Tourists Stranded in Bulgaria on Friday

Russia’s Turpomosch will evacuate on Friday more than 300 clients of Solvex-Tourne and Versa who have been stranded in Bulgarian resorts since the two Russian tour firms suspended operations.

Business » Tourism | September 18, 2014, Thursday // 12:21 | Viewed: 997

10% of Fruit, Vegetables Consumed in Bulgaria Are Produced Locally

Only 10% of the fruit and vegetables consumed in Bulgaria are locally produced, with the remainder being imported, according to Slavi Trifonov, Chair of the National Union of Gardeners.

Business | September 18, 2014, Thursday // 11:36 | Viewed: 715

Striking Bulgarian Miners Refuse to Leave Pit

Workers of the Burgas-based Mina Cherno More Burgas EAD (Cherno More Mine EAD) are staging an underground strike over unpaid salaries for two months.

Business » Energy | September 18, 2014, Thursday // 10:05 | Viewed: 687

EBRD Lowers Bulgaria 2014 Economic Growth Forecast to 1.5%

The European Bank for Reconstruction and Development (EBRD) has lowered its growth forecast for Bulgaria to 1.5% of the GDP.

Business | September 18, 2014, Thursday // 07:34 | Viewed: 928

EC Threatens Punitive Measures against Bulgaria, Serbia over South Stream

The European Commission has called on Bulgaria to suspend the construction of the South Stream gas pipeline, warning that it may take punitive measures against Sofia and Belgrade over the matter.

Business » Energy | September 17, 2014, Wednesday // 18:04 | Viewed: 1350

Finance Ministry Meets with EPIC to Discuss KTB Recovery

Interim Finance Minister Rumen Porozhanov has announced his institution is to meet representatives of Vienna-based fund EPIC in the coming days.

Business » Finance | September 17, 2014, Wednesday // 17:19 | Viewed: 833

Bulgaria Braces for Possible Disruption in Russian Gas Supplies

Fearing a price dispute between Moscow and Kiev may lead to disruptions in Russian gas deliveries via Ukraine, Bulgaria is preparing to avert a gas crisis in winter months.

Business » Energy | September 17, 2014, Wednesday // 16:40 | Viewed: 1071

Bulgaria’s Caretaker Govt OKs Financial Corrections of BGN 152 M under OP Environment

Bulgaria’s caretaker government has approved financial corrections worth BGN 152 M under operational program “Environment.

Business | September 17, 2014, Wednesday // 13:40 | Viewed: 1384

Bulgaria Air to Fly to China, Belarus

Flag carrier Bulgaria Air is the designated Bulgarian airline to fly to China and Belarus, the Council of Ministers has announced after its regular meeting, Wednesday.

Business | September 17, 2014, Wednesday // 13:40 | Viewed: 1318