Bulgaria's anti-trust watchdog has imposed BGN 337,347 fine on Austrian utility EVN for an alleged abuse of its dominant position on the electricity market, it said on Tuesday.
The Los Angeles based, leading real estate company, Tishman International, hosted Monday a round table titled: Nuclear Energy, Economy and Market Situation, Perspectives.
The Bulgarian State will draw a BGN 1.65 M dividend for 2009 from the power utility EVN, the company informs Wednesday.
The management of the Bulgarian Stock Exchange is expected to confer with the prime minister this week to discuss the privatization of shares in state-owned companies to enliven the local stock exchange and boost revenues.
Czech-owned electricity distribution company CEZ has announced the investment of BGN 4 M in 69 new energy projects in Western Bulgaria.
Bulgaria's second nuclear power plant must not be built because it is too dangerous, according to the Co-Chair of the Greens EP Group, Rebeca Harms.
Bulgaria is seeking US investors for coal seam gas drilling, announced Economy Minister Traicho Traikov after his meeting with Juan Verde, US Deputy Assistant Secretary of Commerce.
State-owned gas company Bulgargaz has denied being in conflict with Overgas, the major intermediary in the supply of natural gas in Bulgaria.
Overgas is not negotiating a new contract with Bulgargaz because it considers the the State company a parasite structure, the Ovegas CEO, Sasho Donchev, told reporters Thursday.
Italy's largest energy utility Enel has denied the announcements that it has shown interest in investing in Bulgaria's second nuclear power plant Belene.
Italgen, the energy generation arm of Italian cement giant Italcementi, has acquired a 49% stake in Gardawind, the owner of two Bulgarian wind farms with total capacity of 18 MW, the company announced.
Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, has signed on a CCC-500 drilling unit through Weatherford for two wells in Bulgaria’s onshore B1-Golitza Block, the company announced.
The International Finance Corp. (IFC) is planning to offer a package of EUR 59 M to the French based firm EDF Energies Nouvelles SA for the construction of a solar energy project in South Bulgaria.
The Bulgarian Environment Ministry has advised businesses to avoid the upcoming ban on carbon trading by recording their surplus for 2009 in the register of another European country.
British utility International Power and Austria's EVN have shown interest in acquiring the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant with a capacity of 908 megawatts, reports say.
Bulgaria's center-right government has confirmed plans to dissolve a mega-structure, which groups all big state-owned energy firms.
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