Gazprom is selling its 50-percent stake in gas company Overgas Inc., registered in Bulgaria. For many years Overgas Inc. used to be an intermediary in deliveries of certain quantities of natural gas to Bulgaria. With revenues Overgas created gas supply networks in a number of villages and towns in the country. In the last working day of 2015, Gazprom Export informed the management of Overgas Inc., that gas supplies to the company would stop on January 1, 2016, which directly affected 59,000 households in the country. Due to urgent decisions by the cabinet, the crisis was quickly resolved with supplies from Bulgarian state company Bulgargaz. Later Overgas Inc. filed a claim at the arbitration court in Paris, arguing that halting gas supplies was in violation of a contract.
A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly...
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