Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgarian Energy Watchdog: Power Utilities Might Be Restructured
BULGARIAN ENERGY WATCHDOG: POWER UTILITIES MIGHT BE RESTRUCTURED
Date: 30/08/2011
Source: novinite.com
Bulgarian Energy Watchdog: Power Utilities Might Be Restructured

Electrical power utilities operating in Bulgaria might need to go through a restructuring, according to Angel Semerdzhiev, the head of the Bulgarian state energy regulator.

Discussions for restructuring aim at a complete transparency of the three companies' costs for external services such as consulting, said Semerdzhiev.

End of 2010, the State Commission for Energy and Water Regulation, fined CEZ, E.ON and EVN with penalties totaling close to BGN 3 M for violations of outsourcing regulations, which are believed to have intentionally caused higher prices of electricity.

Those findins were the result of an audit commissioned by Bulgarian PM Boyko Borisov in April 2010.

Tuesday the State Commission head commented that the restructuring measures considered might lead to a "softening" in the increase of power prices for the next periods.

Semerdzhiev estimated that the restructuring might come into place before the end of 2011.

He also commented that the fines that the state watchdog imposed on the three power utilities are currently still under appeal in the courts, but the Commission has grounds to believe it will win the cases.


Topic: Economy



Featured District
ROUSSE DISTRICT AND CITY INFORMATIONRousse
Invest Bulgaria Charts
Net Domestic Assets of Bulgaria
Net Domestic Assets of Bulgaria

Consumer Price Index of Bulgaria (annual change)
Consumer Price Index of Bulgaria (annual change)

See all charts
Did You Know?
Bulgarian Weddings
Bulgarian Weddings
In Bulgaria, wedding bands on worn on the right hand, not the left as in the West. ... More

Sofia Airport is the biggest airport in Bulgaria. Its second terminal officially opened on the December 27, 2006. It managed 2.2 million passengers in 2006, which is expected to grow to 2.7 million in 2010.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members