The Bulgarian National Bank (BNB) has approved the merger of KBC Bank Bulgaria (former Raiffeisenbank Bulgaria) and the United Bulgarian Bank (UBB). The decision is in implementation of an instruction of the European Central Bank, the BNB said. The operation is part of the financial measures that need to be supported by the Bulgarian National Bank as a member of the Single Supervisory Mechanism (SSM). After the transformation, UBB becomes the universal legal successor of KBC Bank Bulgaria which is dissolved without liquidation.
Bulgaria is joining the project for the construction of a submarine electric cable in the Black Sea, caretaker Minister of Energy Rosen Hristov said after a meeting of the steering committee for the construction of the green energy corridor from..
Natural gas prices should drop by 15% as of June 1. This proposal was submitted to the Commission for Energy and Water Regulation by the executive director of Bulgargaz, Denitsa Zlateva. Initially, on May 11, it was discussed that the reduction..
One of the largest Jordanian companies in the mining industry is interested in a partnership with the mining sector in Bulgaria. The Chairman of the Board of Directors of the company and former Deputy Prime Minister of the country, Mohammad Thneibat..
Bulgaria is joining the project for the construction of a submarine electric cable in the Black Sea, caretaker Minister of Energy Rosen Hristov said..
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