Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian business wants compensations for expensive electricity

Photo: BTA

Energy-intensive enterprises in Bulgaria are threatened to limit or close production due to high electricity prices. In budget 2024, there is no money envisaged for energy compensations for businesses, for hospitals, schools, kindergartens, and other non-household users. This is what Dobri Mitrev, chairman of the Bulgarian Industrial Association, told BNR.

In a letter to the government, BIA pointed out that the European Commission had proposed to extend the temporary crisis measure for state aid until March 31, 2024, or until the end of 2025, because of an expected new surge in electricity prices. The business insists that the mechanism for 100% compensation from the Electricity System Security Fund for prices higher than 100 euros per megawatt hour should be kept or that a similar mechanism must be agreed with the government.



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

Warning for significant precipitation in ten regions of eastern Bulgaria

On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..

published on 2/17/25 6:55 PM

President Radev names Sofia Airport after the Apostle of Freedom Vasil Levski

Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced.  Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..

published on 2/17/25 5:52 PM

EC closes the infringement procedure against Bulgaria related to the flood risk management plans

The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans.  A statement..

published on 2/17/25 5:40 PM