Mayor Assures Sofia Residents: No Risks for Heating Season

Sofia's Mayor Vasil Terziev reassured residents that there are no risks for the upcoming heating season after a meeting with Energy Minister Vladimir Malinov. He stated that citizens should not be concerned about the heating season, emphasizing that Bulgargaz will continue to supply gas without interruption.

Terziev acknowledged the significant work ahead for improving the capital heating company, Toplofikatsia Sofia. He mentioned that a plan has been developed to address urgent responsibilities and that the first crucial steps will be implemented by the end of the week.

Currently, Toplofikatsia Sofia has outstanding liabilities totaling 830 million leva, and it also owes another 800 million to the Bulgarian Energy Holding. To tackle this issue, a working group will be established to devise a strategy for repaying the accumulated debts, according to Terziev.

A repayment plan for the heating season is expected to be finalized by mid-November. If an agreement for even a partial repayment is reached by the end of this week, the lien on Toplofikatsia Sofia's account will be lifted. This action should not affect the company's liquidity, as confirmed by both Terziev and Minister Malinov.