"Lukoil has started reviewing its asset strategy in Bulgaria, and will analyse various options, including the sale of the business’’, the company said. The company has started to review its asset strategy in view of the significant change in the operating conditions of the Lukoil Group companies in Bulgaria.
According to the company, ‘'various options will be analysed with the help of international consultants, including the sale of the business", reported BTA. Lukoil owns an oil refinery in Burgas, 220 petrol stations and 9 oil depots in Bulgaria. The company claims to have invested USD 3.4 billion in the Burgas refinery over the past 20 years.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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