Bulgaria’s Economic Growth Outpaces Expectations, Inflation to Determine Eurozone Path
In the fourth quarter of 2024, Bulgaria's economy showed a stronger performance than anticipated
The Commission for Protection of Competition (KZK) carried on Tuesday out a sudden inspection of the Bulgarian Petroleum and Gas Association based in Sofia.
The association is a non-governmental organisation protecting the interests of producers, distributors and retailers of oil and gas products.
The inspection, which was conducted jointly with the police, is part of KZK's investigation into a suspected cartel agreement between fuel retailers in Bulgaria.
During the inspection, KZK has the right to seize all written and other material evidence as well as means for dissemination of information.
The investigation was launched in February after KZK had conducted its latest analysis of the fuel market, giving it grounds to probe into a suspected cartel agreement between fuel retailers.
Seven fuel retailers - Lukoil Bulgaria, Shell Bulgaria, Rompetrol Bulgaria, Eco Bulgaria, OMV Bulgaria, Petrol and NIS Petrol as well as the Lukoil Neftochim oil refinery in Burgas are being investigated for abuse of dominant market position.
Ukrainian President Volodymyr Zelensky has approved a law allowing the purchase of two Russian-made nuclear reactors from Bulgaria
A large-scale inspection campaign at fuel stations across Bulgaria began this morning
The premier green and smart energy exhibition in Southeast Europe returns – Bigger, Bolder, and More Impactful than Ever!
Donald Trump recently sent a letter to Bulgarian President Rumen Radev, mentioning Bulgaria's key role in both ensuring peace in Ukraine and maintaining reliable energy supplies
The Bulgarian Central Energy Repair Base (CERB) is currently undertaking repairs at the Pljevlja thermal power plant, Montenegro's sole coal-fired facility.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
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