The State Oil Company of Azerbaijan (SOKAR) opened an office in Sofia at the end of April. SOKAR's office is the headquarters not only for Bulgaria, but for the whole region, the Ambassador of Azerbaijan to Bulgaria H.E. Huseyn Huseynov said for Euronews Bulgaria.
''If a proposal for the acquisition of the Burgas refinery is sent, SOKAR and the state will consider it. There are possibilities, but there is no specific proposal. There has to be a concrete proposal from Sofia so that we can make an offer", Huseyn Huseynov said. "We have always supported the idea of Bulgaria being both an energy hub and a transport hub", said Ambassador Huseynov. Bulgaria is expected to become a gas distribution point in Europe under the Solidarity Ring contract, Ambassador Huseynov recalled.
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All..
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