The price of natural gas for May is expected to be EUR 37-40 per megawatt-hour, which is 18% less as compared to April, the CEO of the state-owned gas supplier Bulgargaz Denitsa Zlateva said. "We will submit the final price application on May 1, but it will be in this range", Denitsa Zlateva said at an open meeting of the Energy and Water Regulatory Commission.
Denitsa Zlateva told the EWRC Chairman Ivan Ivanov that according to the forecast, natural gas prices in June are expected to decrease by another 3-4% month-on-month. There are no problems with natural gas supplies until the end of the year, Denitsa Zlateva pointed out.
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
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