Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Russia's Gazprom terminates its stake in Bulgarian company Overgas

Photo: Library

The Moscow-based energy company Gazprom has terminated its participation in the Bulgarian private gas company Overgas. This was announced by the Russian gas giant, quoted by Russian news agency TASS.

Gazprom's share was 50% of the stocks of the Bulgarian company. The transaction was made on January 27, 2021.

The process of separation between the two companies began in 2015. In order to buy back its shares, Overgas has taken out a loan of 117 million euros, Capital writes.

The Bulgarian gas company Overgas maintains 2,100 km of the country's gas distribution network and supplies gas to 51 municipalities in the country.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova

European Commissioner Iliana Ivanova: Frequent elections are not a good sign

"It is important for us to stand firm and instill confidence in our European partners, and this frequent change of governments, frequent elections, does not send a good signal", Commissioner for Innovation, Research, Culture, Education and Youth..

published on 7/12/24 11:23 AM
President Rumen Radev

President Radev to hand the second governing-forming mandate next week

President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to clearly state whether they will be an opposition or will seek support for forming a government'',..

published on 7/12/24 10:16 AM
Caretaker Premier Dimitar Glavchev

Caretaker Premier Glavchev: It is important for Bulgaria to have a regular government

Caretaker Premier Dimitar Glavchev said from Washington that he did not know why the president had not yet announced a date for handing over the second exploratory mandate to form a government. "Surely, President Rumen Radev has some considerations..

published on 7/12/24 8:48 AM