The Czech CEZ power supply company is beginning negotiations for the sale of its Bulgarian assets with the company ranked second – India Power.
CEZ told the Bulgarian National Radio that the negotiations with the Bulgarian company Inercom are continuing parallel with the talks with India Power. In a letter to the media, Inercom states that it is working on finalizing the deal and that it has a valid contract with CEZ.
The deadline in which, under the pre-contract concluded in February, Inercom undertook to pay over 320 million euro, expired at the end of November. The Commission for Protection of Competition did not approve the deal, and Inercom appealed the decision before the Supreme Administrative Court. On 20 November the Supreme Court annulled the Commission’s refusal to grant approval for the acquisition of CEZ’s Bulgarian assets by Inercom.
After hard days of fighting the fires, the situation in the country is under control. There is no danger of the fire on Greek territory near the Bulgarian-Greek border spreading, it was reported People whose houses have been..
The European Commission has presented the annual report on the rule of law in the EU. The Commission notes the changes adopted in the Constitution of Bulgaria. Sofia is once again recommended to undertake legal changes to avoid the..
There are no active wildfires on the territory of Bulgaria, said caretaker Prime Minister Dimitar Glavchev at the start of the government meeting. "Thanks to the efforts of firefighters, the military, volunteers and everyone around this table, we can..
A man and a child have died after they were struck by lightning in the area of Mount Zhultets near Mount Botev in the Central Balkan Mountains. The alert..
The best Bulgarian students in mathematics have won 5 medals by participating in the most prestigious mathematics competition in the world for 2024. At..
The former Bulgarian Minister of Defense Nikolay Nenchev will be temporarily in charge of the Bulgarian Embassy in Ukraine. This decision was taken by..
sunshine, cloud, rain and thunder
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain