Part of Sofia is out of Water Because of a New Channel and Repairs
"Sofia Water" will temporarily suspend the water supply in some parts of the capital due to the construction of street sewerage on Acad.
French Ambassador to Bulgaria, Etienne de Poncins, informs French companies are interested in a concession with the Bulgarian capital water supply company “Sofia Water.” Photo by BGNES
French companies are interested in becoming concessionaires in Bulgaria's capital water supply company “Sofia Water,” according to the French Ambassador, Etienne de Poncins.
The information was further confirmed Tuesday by the CEO of the company, Ivan Ivanov.
The interest is mostly geared towards the UK United Utilities company which includes the concession of “Sofia Water.”
About a week ago, the Sofia City Hall also informed that a change of the concessionaire is a strong possibility.
United Utilities said in a statement for the Bulgarian daily “Dnevnik” that after the sale of their shares in Northern Gas Networks Holdings Limited and Manila Water Company, they have received several offers but are continuing to assess them.
Ivanov voiced his satisfaction from the interest towards “Sofia Water,” which he sees as a sign the utility is in good state, adding water prices should not be affected in case there is a new concession deal.
The CEO further said, however, water prices will go up January 1, 2011, but this move would depend on the State Commission for Energy and Water Regulation.
Financier Levon Hampartzumyan has forecast a gradual rise in loan interest rates in Bulgaria, noting that current levels are historically very low and cannot be sustained indefinitely.
The withdrawal of lev banknotes and coins is continuing in line with the approved schedule, although the pace of the process is expected to ease in the coming period
Bulgaria has officially launched the 2026 tax campaign for income earned in 2025, and early results show strong public engagement.
The latest data from the Bulgarian National Bank reveal a striking growth in large household deposits by the end of December 2025.
Bulgaria’s economy continued to show steady momentum throughout 2025, placing the country among the fastest-growing economies in the European Union, according to data presented by the Ministry of Economy and Industry
Revenue from overnight stays in Bulgaria continued to rise at a solid pace at the end of 2025, with hotel income in December increasing by 12.5 percent on an annual basis
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