"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.
The 2024 summer season has meant more in every respect – more revenues, tourists, sunny days, even more than the record-high results of 2019, caretaker Minister of Tourism Evtim Miloshev said in an interview with bTV. But there are more problems as..
Writers and choreographers from Bulgaria, Venezuela, Lithuania, Turkiye and France will participate in the third edition of the international interdisciplinary festival Leap Off Page, which takes place from today until October 6 in Ruse, the..
“Step Out of the Bubble” is the motto of Sofia DocuMental—the first international festival for creative non-fiction film with a focus on human rights. The festival will officially open today in Sofia and will continue until October 6. The..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir..
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