Bulgaria's President: 'Czech Republic Is a Crucial Business Partner, Chamber of Commerce Was Needed'
President Rumen Radev joined business leaders and Czech representatives at a meeting organized by the Bulgarian-Czech Chamber of Commerce
Czech energy company CEZ has announced that it has filed a complaint with the European Commission against Bulgarian authorities' decision to take steps toward rescinding the firm's licence in the country.
CEZ stated that recent actions of Bulgarian authorities, in which the local energy regulator has unexpectedly cut prices and said it may revoke CEZ's license, may be in conflict with valid legislation as well as with European Union treaties on the free flow of capital.
"We have repeatedly faced negative interventions from the side of Bulgarian institutions," Tomas Pleskac, head of CEZ's distribution and foreign activities, said in a statement, as cited by international media.
Bulgaria's energy watchdog started a procedure to revoke the distribution licences of CEZ, accusing the company of breaking public procurement laws by subcontracting suppliers without holding public tenders
On Thursday, police and anti-monopoly watchdog representatives have raided the premises of the three power distributors operating in Bulgaria - CEZ, EVN, and Energo Pro.
Prime Minister Rosen Zhelyazkov has reaffirmed that the “Balkan Stream” pipeline remains a functional and commercially viable energy project
Sofia recently hosted the fifth edition of the Green Transition Forum 2025, a major regional event focused on sustainable development
Deputy Energy Minister Iva Petrova emphasized at Green Transition Forum 5.0 that Bulgaria’s energy strategy hinges on modernizing grid infrastructure and securing long-term supply agreements
From July 1, 2025, electricity and thermal energy prices in Bulgaria are set to increase
From July 1, 2025, Bulgarian households are expected to see an average increase of just under 5% in their electricit
Since its commercial launch at the end of 2022, the Greece–Bulgaria gas interconnector (IGB) has transported more than 34.5 million MWh of natural gas
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe