Bulgargaz Drowns in Debt: 280 Million Leva Loss and Mounting Obligations to Turkey
Bulgargaz is currently facing serious financial difficulties, with projected losses for 2024 amounting to 280 million leva
New Bulgargaz CEO Appointed
Business | November 8, 2013, Friday // 13:19
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Bulgargaz newly appointed CEO, Shishman Chaushev. Photo by 44paralel.com
Dimitar Gogov, former CEO of state-owned gas supplier Bulgargaz has been replaced with Shishman Chaushev, former director of regional National Revenue Agency branch.
Dimitar Gogov, former CEO of state-owned gas supplier Bulgargaz who was surprisingly discharged from his post on Friday, confirmed himself for BNR that he is no longer chief executive of Bulgargaz and that his successor on the post will be Shishman Chaushev, former director of National Revenue Agency regional office in Vidin.
Gogov also said that he was not informed about the decision for his replacement, reports BNR.
The decision made by The Bulgarian Energy Holding (BEH), an enterprise which brings together all state-owned energy companies is yet to be confirmed officially.
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