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)

Western Bulgaria's Utility CEZ to Invest BGN 59 M in 2011
WESTERN BULGARIA'S UTILITY CEZ TO INVEST BGN 59 M IN 2011
Date: 03/02/2011
Source: novinite.com
Western Bulgaria's Utility CEZ to Invest BGN 59 M in 2011

The Czech-owned electricity provider of Sofia and Western Bulgaria CEZ plans to invest a total of BGN 59 M in its network and capacities in 2011.

The CEZ investments only in the Sofia District will be BGN 16.5 M, the company said in a statement.

On Thursday, CEZ opened a new power substation near the town of Kostinbrod close to Sofia, while being a small town, is a hub for several manufacturing plant of Bulgarian and foreign investors.

"The clients are the main priority for our company. We invest constantly within our program to improve our quality and security. To achieve this goal we cooperate actively with the local authorities," declared Petr Dokladal, Regional Manager of CEZ for Bulgaria, and a former Ambassador of the Czech Republic in Sofia.

In 2010, CEZ invested BGN 66.8 M for rehabilitation, modernization and development of the electricity grid on the territory that it serves; it completed 8 200 investment projects.

The company says that in the six years since it acquired the electricity utility in 2004 it invested BGN 434.6 M in its network and power grid.



Topic: Economy




Featured District
PLOVDIV DISTRICT AND CITY INFORMATIONPlovdiv
Invest Bulgaria Charts
Producer Price Index of Bulgaria (change %)
Producer Price Index of Bulgaria (change %)

See all charts
Did You Know?
Sofia
Sofia
The Bulgarian capital Sofia is about 4 times cheaper to live in than London ... More

Sofia Subway was launched in January 1998 and is the first and only network of this kind in Bulgaria. The largest streams of passengers now are reaching up to 40,000 people during rush hour. After the completion of the subway system, it will have 47 stations and capacity of more than 1,000,000 passengers per day.

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

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2018 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.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Printing Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works


Our Featured Members