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.
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in..
+359 2 9336 661