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
Lawyer Ivan Yonchev is the new CEO of the Bulgarian Energy Holding (BEH).
Yonchev is replacing Boyan Boev, who was elected Wednesday Chairman of Bulgaria's energy watchdog to complete the term of Angela Toneva, who resigned Tuesday evening.
Earlier Wednesday, Bulgaria's State Commission for Energy and Water Regulation (DKEVR) confirmed its head Angela Toneva has resigned, citing stress. Toneva is firm her motives were personal, not political.
She is expected to become adviser to Prime Minister Oresharski. Lilyana Mladenova will take the place of Mihail Dimitrov, member of the DKEVR board, who has also resigned.
Ivan Yonchev was a member of the Board of Directors of Maritsa East Mines. He was appointed at the post in October.
The former director of BEH Boyan Boev was appointed in June.
Sishman Chaushev, appointed in November for chief of Bulgargaz, also resigned this past week. His place will be taken by Dafinka Iankova, who is also head of the audit of BEH.
After his resignation, Chaushev became director of energy dispatchers in the Energy System Operator, ESO.
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria is exploring the possibility of leveraging its nuclear power capabilities to attract the IT sector, particularly in the field of artificial intelligence (AI) and data centers
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
The final shipment of Russian nuclear fuel for Bulgaria's Kozloduy Nuclear Power Plant has arrived
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