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
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.
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
The National Real Estate Association has raised concerns regarding the proposed Bill on Real Estate Brokers
The Bulgarian Pavilion at World Expo 2025 in Osaka is quickly becoming a focal point of international attention
Nexo, a prominent digital asset management platform, is organizing the Trump Business Vision 2025 Forum in the Bulgarian capital
Macroeconomist Stoyan Panchev, an analyst from the Expert Club for Economics and Politics, warned that Bulgaria could face significant challenges if it rushes into joining the eurozone
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase