Bulgaria's Hotel Sector Faces Workforce Shortages and High Taxes Ahead of 2025 Season
Veselin Danev, chairman of the Bulgarian Hotel Association, highlighted a major issue in Bulgaria’s tourism sector: a significant decline in the workforce
Bulgartransgaz and Transgaz, the gas transmission operators of Bulgaria and Romania, have signed a contract with Austria’s Habau PPS Pipeline Systems SRL for the construction of the last section of a gas gas link between the two southeast European countries.
"The completion of the interconnector opens a new page in Bulgaria’s energy sector,” the country’s Energy Minister Temenuzhka Petkova said at the signing ceremony in Sofia on Wednesday, according to a statement from the ministry.
The 2.1-km long pipeline section under the Danube river has to be completed in four months. The maximum design capacity of the 25-km long pipeline will be 1.5 billion cubic meters gas per year from Bulgaria to Romania and 500 million cubic meters in the opposite direction. In February, Habau won a tender to build the section under the Danube at a cost of EUR 4.577 M free of VAT.
"We hope that after four months Bulgaria will have its first interconnector link operational,” Petkova said. “This is a step toward bringing to life the principles of Europe’s Energy Union – security and sustainability of supply, competitiveness and affordable energy for consumers.”
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