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The state plans to collect BGN 72 million from excess profits of fuel companies

Next year, the state plans to collect 72 million BGN in excess profits from companies involved in the production and processing of fuels - oil, natural gas and coal. The money will be used to help household consumers and businesses because of the high electricity and fuel prices. The draft...
A serious spike in the prices of dairy products in Bulgaria
A serious spike in the prices of dairy products in Bulgaria
Serious spike in the prices of dairy products. In just 12 months, the price of cow’s milk cheese, for example, has jumped by almost 50%. According to the data of the State Commission for...
Bulgaria’s energy regulator cuts natural gas price by 47%
Bulgaria’s energy regulator cuts natural gas price by 47%
Bulgaria’s Energy and Water Regulatory Commission approved a reduction in the price of natural gas by 47% to BGN 123.01/mWh. The decrease comes into force today, November 1. The new...
Will prices stop rising and rate of inflation slow down?
Will prices stop rising and rate of inflation slow down?
Inflation will slow down in a month because energy resources will be cheaper, caretaker Minister of Economy, Nikola Stoyanov, announced in the BNT morning programme on October 28. However, he...
All German companies doing business in Bulgaria would invest in Bulgaria again
100% of the German companies doing business in Bulgaria say they would invest in our country again. This became clear during a meeting of the...
Bulgargaz proposes 45% cheaper natural gas for November, no increase in heating and electricity prices expected
The price of natural gas in Bulgaria may drop by 45% in November, CEO of public supplier Bulgargaz, Denitsa Zlateva, said on October 28 during the...
Cabinet approves strategy, action plan on Bulgaria's transition to circular economy
Council of Ministers on October 26 adopted a strategy and action plan for the transition to a circular economy in Bulgaria for the period...
Trade unions: Monthly living income for a family of three in Bulgaria is 2,376 BGN per month
BGN 2,376 per month is needed for a family of three in September 2022, according to the Institute for Social and Trade Union Research of CITUB...
Tourism industry predicts 20% more expensive winter season
Tourism industry predicts 20% more expensive winter season
The tourism industry demanded another compensation from the state. This time because of the high...
Trade unions demand 18.7% rise in wages by the end of the year
Trade unions demand 18.7% rise in wages by the end of the year
Trade unions in Bulgaria seek an 18.7% increase in income by the end of the year. Thus, they...
Annual inflation reaches 18.7% in September, statistics
Annual inflation reaches 18.7% in September, statistics
Bulgaria’s National Statistical Institute on October 17 reported that the annual inflation...
An investment map for Bulgaria's re-industrialisation is being prepared
An investment map for Bulgaria's re-industrialisation is being prepared
Work has started on the creation of an investment map for the re-industrialisation of Bulgaria,...
More and more pensioners in Bulgaria are working so they can support themselves
More and more pensioners in Bulgaria are working so they can support themselves
More and more Bulgarian pensioners are working, the National Statistical Institute reports....
78% of Bulgarians fear how they will cope financially in 2023
78% of Bulgarians fear how they will cope financially in 2023
78% of the Bulgarians fear how they will cope financially in 2023, according to the results of a...
29% gas price reduction for November proposed by public supplier Bulgargaz
29% gas price reduction for November proposed by public supplier Bulgargaz
Bulgaria’s public supplier "Bulgargaz” proposes a gas price for November of BGN...
Bulgaria’s Bansko ski resort is preparing for the winter tourist season
Bulgaria’s Bansko ski resort is preparing for the winter tourist season
The tourist business in Bansko ski resort is preparing for the upcoming winter season. The first...
Global automotive manufacturer to invest in Bulgaria
Global automotive manufacturer to invest in Bulgaria
A new investor, a global manufacturer in the automotive industry, has confirmed its plans to...
Energy Minister met with the management of Azeri state-owned energy company SOCAR
Energy Minister met with the management of Azeri state-owned energy company SOCAR
Bulgaria’s caretaker Minister of Energy, Rosen Hristov, on October 5, met with...
EU energy ministers approved a plan of power savings
EU energy ministers approved a plan of power savings
EU countries should introduce a mandatory 5% reduction in electricity consumption in peak hours...
Energy regulator gave the green light to the gas interconnector with Greece
Energy regulator gave the green light to the gas interconnector with Greece
Bulgaria’s energy regulator (Energy and Water Regulatory Commision) on September 30...
Caretaker Minister of Economy: Some enterprises will switch to alternative fuels
Caretaker Minister of Economy: Some enterprises will switch to alternative fuels
"We will be able to keep the price of the gas mix within the limits that the business has set...
Gas price drop by more than 30% was discussed at energy regulator
Gas price drop by more than 30% was discussed at energy regulator
30% lower gas price as of October due to the start of the Bulgaria-Greece interconnector. The...
Permit for use for the gas interconnector with Greece has been issued
Permit for use for the gas interconnector with Greece has been issued
A permit for the use of the gas connection with Greece has been issued, Bulgaria’s...
Caretaker Energy Minister: No gas shortage expected, stable supply forecast for heating season
Caretaker Energy Minister: No gas shortage expected, stable supply forecast for heating season
"No gas shortage is expected. Our forecasts are for a stable supply during the heating season...
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