Gazprom is selling its 50-percent stake in gas company Overgas Inc., registered in Bulgaria. For many years Overgas Inc. used to be an intermediary in deliveries of certain quantities of natural gas to Bulgaria. With revenues Overgas created gas supply networks in a number of villages and towns in the country. In the last working day of 2015, Gazprom Export informed the management of Overgas Inc., that gas supplies to the company would stop on January 1, 2016, which directly affected 59,000 households in the country. Due to urgent decisions by the cabinet, the crisis was quickly resolved with supplies from Bulgarian state company Bulgargaz. Later Overgas Inc. filed a claim at the arbitration court in Paris, arguing that halting gas supplies was in violation of a contract.
President Rumen Radev met in Sofia with the Prime Minister of Hungary Viktor Orban who is paying a visit to Bulgaria at the invitation of the Bulgarian president. Rumen Radev stated that Bulgaria will continue to be a reliable partner to Hungary in..
Kozloduy Nuclear Power Plant and Westinghouse Electric Company concluded a contract on the licensing of fuel for Unit 6 of the NPP, the Bulgarian Ministry of Energy has announced. The signing, which took place in Sofia, was attended by caretaker..
Kozloduy Nuclear Power Plant and Westinghouse Electric Company concluded a contract on conducting a safety analysis for the licensing of an alternative nuclear fuel type for Unit 6 of the NPP. The signing was attended by caretaker Minister of..
12 settlements in Smolyan district are without electricity after the heavy snowfall yesterday. Settlements in the municipalities of Smolyan, Devin and..
Representatives of 4 clubs of the Macedonian Patriotic Organization (MPO) in North America met at the Church of the Holy Spirit in Youngstown. The host..
This year, employers prefer to replace the 13th salary with Christmas events and bonuses. Less than 50% of companies in Bulgaria pay bonuses...
+359 2 9336 661