Energy Minister, Sofia Mayor Finally At Truce

Politics | January 22, 2007, Monday // 00:00
Bulgaria: Energy Minister, Sofia Mayor Finally At Truce Sofia Mayor Boyko Borisov (L) and Economy and Energy Minister Rumen Ovcharov (R) agreed to help Toplofikatsia's new head Nasko Mihov (C) together. Photo by Yuliana Nikolova (Sofia Photo Agency)

The long and fierce feud between Economy and Energy Minister Rumen Ovcharov and Sofia Mayor Boyko Borisov seems to have reached a stage of temporary truce.

Ovcharov and Borissov came to an agreement Monday to do their best to help the new management of the Toplofikatsia heating utility in the capital. The two finally shook hands after months of bickering, hoping that by working together they may help the company's new head Nasko Mihov start bringing the utility back to its feet.

Mihov has to start right away on the restructuring of the company, and he needs our vote of confidence to do that, Borissov said.

The Ministry and the Municipality have agreed to put together a team of experts and audit the companies that dealt with Toplofikatsia's accounts. To add to the pressure, the Prosecutor's Office has launched an investigation into the company, based on various media reports. Prosecutors will be looking into overchanrged bills and other such violations.

The heating utility was found to be on the brink of bankruptcy when scandals of its former head Valentin Dimitrov surfaced. Dimitrov, who is now tried on accusations of embezzlement and money laundry, has squandered away company money on spa and massage equipment according to the prosecution.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Politics » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria