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)

Czech Energo-Pro Starts Operating Network in Northeast Bulgaria
CZECH ENERGO-PRO STARTS OPERATING NETWORK IN NORTHEAST BULGARIA
Date: 30/06/2012
Source: novinite.com
Czech Energo-Pro Starts Operating Network in Northeast Bulgaria

German electric energy company E.ON has finalized the deal to sell its Bulgarian unit E.ON Bulgaria to private Czech company Energo-Pro, it emerged on Friday.

The news comes half a year after Bulgaria's Commission for Protection of Competition (CPC) cleared the acquisition of E.ON Bulgaria EAD by the Czech utility.

"Our main priority at the moment is to assure Bulgarian authorities and consumers that Energo-Pro is a reliable partner and a high-quality electricity supplier," Irji Krushina, chairman of Energo-Pro Board of Directors, commented.

Following the wrapping up of the deal, Energo-Pro starts serving 1.1 million clients in North-Eastern Bulgaria, including the Black Sea city of Varna.

The unit operates a distribution network of about 42,000 kilometers in northeast Bulgaria and delivered around 5.5 billion kWh of electricity in 2011.

Energo-Pro stepped on the Bulgarian energy market in 2000 and currently owns eight hydroelectric power plants, united in three cascades - Sandanska Bistrica, Koprinka and Petrohan - making it the largest private producer of hydroelectric power in the country.

Energo-Pro was established in the Czech Republic in 1994. Currently, Energo-Pro operates in the Czech Republic, Bulgaria, Turkey and Georgia. The company employs more than 6,000 people.

In 2004, the Balkan country sold 67% in its three power distributors to Germany's E.ON, Austria's EVN and Czech CEZ.


Topic: Business



Featured District
PLEVEN DISTRICT AND CITY INFORMATIONPleven
Invest Bulgaria Charts
Foreign assets of Bulgaria
Foreign assets of Bulgaria

Net Foreign Assets of Bulgaria
Net Foreign Assets of Bulgaria

See all charts
Did You Know?
New Sofia Airport
New Sofia Airport
Since 2006, Sofia has a modern brand new international airport that matches the finest airports in ... More

Montana is the centre of the administrative region. It is situated in northwestern Bulgaria along the Ogosta River. The town originates from the old Roman stronghold Castra and Montanezium (a stronghold in the mountain), known also as Montana.

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

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 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