Russian nuclear energy company Rosatom‘s price offer for Bulgarian Belene NPP is spectacularly low and Bulgaria should hasten to accept it, said Rosatom‘s vice-director Kirill Komarov. “Taking into account the raging economic crisis in Europe, we have made a very attractive proposal for Belene. It is hard to believe that we will ever make such [...]
Bulgaria will hold auctions for a total of six shale gas exploration blocks, said Kristalina Stoykova from the Geological Institute at the Bulgarian Academy of Sciences (BAS). Stoykova heads a scientific group in charge of shale gas research in Bulgaria. In her words, four of the blocks that will be auctioned off are located in [...]
A newly-discovered natural gas deposit near Lovech in Northern Bulgaria contains 10 billion cubic meters of gas, Bulgaria’s Minister of Economy, Energy, and Tourism announced. Traikov said that Bulgaria will soon be able to extract about 1 billion cubic meters of natural gas per year, or about one-third of its annual consumption. He spoke Tuesday [...]
Bulgaria has demanded that Belene nuclear project is frozen for another three months as of July, the energy and economy minister announced on Friday. “We have proposed a three-month delay so that we have time to catch up with the so-called back office work,” Minister Traicho Traikov said at a conference about the energy infrastructure, [...]
The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear power plant. Bulgaria‘s Cabinet and Prime Minister Boyko Borisov in particular have made it clear that the results from HSBC’s financial appraisal of the Belene project, i.e. whether it [...]
Hungarian company Elmib is investing EUR 30 M in a photovoltaic park in Eastern Bulgaria. The investment will be handled by Elmib Bulgaria, the Bulgarian subsidiary of Hungary‘s Elmib, announced Elmib CEO Peter Reicher, the Budapest Business Journal reported citing the Vilaggazdasag business daily. Reicher told the newspaper that the company expects to complete the [...]
Bulgaria’s Czech-owned power utility CEZ has established a new subsidiary called CEZ Bulgaria Investments. The new company from the CEZ portfolio is going to focus specially on investments in renewable energy sources, the company announced on Friday. CEZ Bulgaria Investments was founded on January 3, 2011; a day later it was registered in the trade [...]
ICANN CEO and President Rod Beckstrom: It’s Great Bulgaria Cares So Much about Cyrillic Domains
Sir Alex Assuages Berbatov Injury Fears
Bulgarian Christian Orthodox Honor Saint Sava
Bulgarian Food Safety Watchdog Orders 22kg of Spoiled Yellow Cheese Incinerated
Bulgarian Parliament to Vote State Budget 2012 on 2nd Reading
Bulgarian Cabinet Firm on Not Surrendering to Farmers
Poland Favors EU Treaty Change to Rescue Eurozone
