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

"Lukoil Neftohim Burgas" transfers its entire economic activity in Bulgaria

Photo: BGNES

As of January 1, 2023, "Lukoil Neftohim Burgas" will transfer its entire economic activity to Bulgaria, Deputy Prime Minister for Economic Policy and Minister of Transport and Communications Hristo Alexiev said at a press conference after talks with the company's management. 

According to him, this means that all production, all revenues and taxes will be paid in Bulgaria and not in the Netherlands and Switzerland, as was the case until now. 

Alexiev explained that the estimates show that after the implementation of the regulation on the taxation of excess profits, the revenues to the state budget this year will be about 51 million euros from Lukoil and next year - about 358 million euros. The additional tax revenues will be distributed to compensate socially vulnerable groups in Bulgaria.



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

Bulgarian military to participate in NATO's stabilization force in Kosovo

A Bulgarian military formation will be sent with a solemn ceremony to participate in the operational reserve forces of NATO's force in Kosovo (KFOR). The ceremony, which will be attended by the Chief of Defense Admiral Emil Eftimov,..

published on 3/19/25 7:05 AM

After sub-zero morning temperatures, it will be sunny and warmer during the day

On Wednesday , the lowest temperatures will be between minus 6° and minus 1°C. In Sofia, it will be around minus 3°. During the day, it will be mostly sunny. There will be more significant temporary increases in cloudiness over the..

published on 3/18/25 7:15 PM

North Macedonia's Health Minister Arben Taravari: Thank you, Bulgaria!

North Macedonia’s Minister of Health Arben Taravari and his Bulgarian counterpart Silvi Kirilov, together with the Foreign Ministers of Bulgaria and North Macedonia, Georg Georgiev and Timco Mucunski, visited the citizens of North Macedonia who were..

published on 3/18/25 6:11 PM