“Even though the European Commission has been insistent that gas transmission be liberalized via denationalization, Bulgaria is categorical it will not privatize Bulgartransgaz,” said Deputy Prime Minister Tomislav Donchev. “Bulgaria’s answer is “No”, the Bulgarian representatives taking part in the working group this week have received very clear instructions,” Tomislav Donchev said and added that privatization of the gas infrastructure is unthinkable.
Bulgaria risks sanctions amounting to 300 million euro over violations of antitrust regulations on the gas market. The EC’s objections go back to March 2015. Brussels says that Bulgartransgaz is obstructing rivals from gaining access to key gas infrastructures in Bulgaria. Some weeks ago Prime Minister Boyko Borissov stated that Bulgaria would offer Brussels an option that would mean the state retaining its ownership, but separating it from the operator. Donchev commented that privatization in the country had more or less been completed but that the state was yet to let go of its residual interest in different companies. “I see no reason for the country to get involved in sectors such as hotel keeping or real estate,” he said by way of example.
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..
A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO ) and the Bulgaria Invest Agency . "I am leading a delegation of a hundred people, a fact that speaks volumes about..
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