Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

CEZ begins negotiations for sale of its Bulgarian assets with India Power

The CEZ Group building in Prague
Photo: www.cez.cz

The Czech CEZ power supply company is beginning negotiations for the sale of its Bulgarian assets with the company ranked second – India Power.

CEZ told the Bulgarian National Radio that the negotiations with the Bulgarian company Inercom are continuing parallel with the talks with India Power. In a letter to the media, Inercom states that it is working on finalizing the deal and that it has a valid contract with CEZ.

The deadline in which, under the pre-contract concluded in February, Inercom undertook to pay over 320 million euro, expired at the end of November. The Commission for Protection of Competition did not approve the deal, and Inercom appealed the decision before the Supreme Administrative Court. On 20 November the Supreme Court annulled the Commission’s refusal to grant approval for the acquisition of CEZ’s Bulgarian assets by Inercom. 



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

Renovated Kalotina checkpoint on the border with Serbia starts work

The Kalotina border checkpoint on the border with Serbia has already been renovated and has a nearly 30% increased capacity for passenger cars. It has seven lanes each for entering and leaving the country, as well as another eight lanes that can be..

published on 10/1/24 7:45 PM

Wednesday and Thursday will be sunny

On Wednesday minimum temperatures will be between 2 and 12°C, 5°C in Sofia. Maximum temperatures will be 19-24°C, 21°C in the capital. In the higher plateaus of western Bulgaria there are conditions for frost. The day will be bright and sunny with light..

published on 10/1/24 7:05 PM

Government airplane evacuates another 80 Bulgarians from Beirut

The second group of 80 Bulgarians who wanted to leave Lebanon has taken off from Beirut to Sofia onboard the governmental Airbus. The plane is expected to land in Sofia after 7 pm.  The second group of Bulgarians is ready for evacuation from..

published on 10/1/24 6:35 PM