No Splitting of Bulgarian Energy Holding in Store - Min
Bulgarian Minister of Economy and Energy Dragomir Stoynev has denied media reports that the cabinet plans a splitting of the Bulgarian Energy Holding (BEH) into three separate companies.
According to Stoynev, there are no plans for instituting a separate Ministry of Energy, either.
"I want to clearly stress that as long as I am minister of economy and energy, the Bulgarian Energy Holding will not be closed down," said Stoynev at his first press conference for 2014.
"What is more - I intend to strengthen the role of the Holding in the efforts to balance Bulgaria's energy system," added he.
"BEH achieved a successful release of bonds. Investors from Europe and Asia approve of the Holding's structure," said the minister.
"The Ministry of Economy and Energy is a very large ministry, but at the present moment the cabinet has no plans of splitting it," further clarified Stoynev.
The minister added that he does not preclude such a move in the indefinite future, if need arises, but said that such a measure is not presently considered.
- » No Expectations of Increase in Fuel Prices in the summer season
- » The Kremlin: Turkish Stream will be Operational by December 30, 2019
- » Bahrain Makes Largest Oil Discovery in its History
- » The Price of Natural Gas Rises by 2.6% from April 1
- » Energy Operator for Central and Southeast Bulgaria EVN Wants a 7% Increase in Electricity Prices
- » Accident at Romania Nuclear Power Plant, Unit Shut Down