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

GERB: There will be no second “assemblage” with PP-DB

The leader of GERB, Boyko Borissov, announced that a second "assemblage" with "We Continue the Change - Democratic Bulgaria" after the elections cannot exist.  In response to a journalist's question regarding an accusation made by..

published on 4/24/24 3:43 PM

61% of Bulgarian parents support mandatory vaccines

61% of parents in Bulgaria support mandatory vaccines and 95% of general practitioners advise parents to vaccinate their children, in order to protect them from a number of diseases. This is shown by a nationally representative..

published on 4/24/24 2:19 PM

New council to coordinate policies for Bulgarians abroad

A Council for Coordination of Policies for Bulgarians Abroad is being established. This will be a permanent advisory body to the Council of Ministers, the parliament decided during the second reading of changes to the Law on Bulgarians..

published on 4/24/24 1:28 PM