The Three Seas Initiative Investment Fund (3SIIF), in which the Bulgarian Development Bank is taking part, acquired a considerable share of Enery Development GmbH, a company producing energy from renewable sources. It is in possession of 85MW capacities, 50MW of which in Bulgaria. It also has energy parks in Czechia, Slovakia, Austria and Romania. In 2020 Enery purchased the solar park in the village of Karadzhalovo, the biggest solar park in the country.
The acquisition of an Enery share is the third portfolio investment by 3SIIF. The Fund already supports the Polish locomotive operator Cargounit as well as the digital data Greenergy Data Centers. Three Seas is not disclosing the size of its investments. It includes shareholders from all 12 countries taking part in the initiative.
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..
The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..
Partly Cloudy
Cloudy
Mostly Cloudy