Bulgarian Energy Holding

Svetla Todorova, Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has assured that the Energy Ministry is doing its best to adopt short-term measures aimed at preventing an increase in power rates in April.

Todorova, as cited by the Bulgarian Telegraph Agency, informed Thursday that the measures were to be adopted by end-March.

Bulgarian Energy Holding (BEH) has announced fresh reshuffles at the country's state-owned gas transmission operator Bulgartransgaz.

This has been the second replacement of the state entity's senior representatives in the past two months.

The Bulgarian Energy Holding (BEH) has made changes to the Supervisory Board of state-owned gas transmission operator Bulgartransgaz.

The new members of the Supervisory Board of the company are Iliya Ivanov, Kiril Georgiev, and Vladimir Mitrushev.

They replace Krasimir Vitanov, Yovka Doychevska, and Denitsa Beyazova.

The Board of Directors of the Bulgarian Energy Holding (BEH) has carried out a top-level reshuffle at a number of state-owned energy companies.

Georgi Hristozov and Georgi Zlatev have been removed from the Board of Directors of the Maritza Iztok mines (Mini Maritsa Iztok EAD) and are to be replaces by Dian Chervenkondev and Nikolay Dikov, according to a media statement of BEH.

Dimitar Gogov, former head of state-owned gas supplier Bulgargaz EAD, has been appointed CEO of South Stream Bulgaria, the company tasked with building the Bulgarian section of the South Stream gas pipeline.

The Bulgarian Photovoltaic Association (BPVA) has proposed that the government invite experts from the EU Commission to for a new assessment of the troubled energy sector.

A power price hike will help inject slightly over BGN 200 M into the National Electric Company (NEK), while its losses are expected to reach BGN 1 B over the next year, according to Bulgaria's caretaker Minister of Economy and Energy.

Discharged Kozloduy NPP Chief Executive Ivan Genov has explained the move with lack of political affiliation.

Genov was replaced by Dimitar Angelov as head of the nuclear power plant late on Thursday at the decision of the Bulgarian Energy Holding.

Ivan Genov, Chief Executive of the Kozloduy Nuclear Power Plant has been replaced through a decision of the Bulgarian Energy Holding (BEH).

The new CEO of the Kozloduy NPP is Dimitar Angelov.

Angelov was CEO of the N-plant in 2007-2009, according to reports of dnevnik.bg.

The Bulgarian Energy Holding (BEH) is increasing its capital by BGN 336.7 M, according to a request of BEH filed with the Business Register.

As a result of the decision for the capital hike, the company's capital will increase from the current rate of BGN 2.61 B to BGN 2.94 B.