Antitrust watchdog blocks CEZ deal with Inercom

Bulgaria’s antitrust regulator has blocked the sale of Czech energy group CEZ’s assets in Bulgaria to Inercom Bulgaria, local media reported, adding that India Power Corporation could be a possible new buyer. CEZ is seeking to sell its seven companies in Bulgaria which control one-third of the country’s power distribution. The Commission for the Protection […]

Bulgarian Energy Minister resignation not accepted

Bulgarian Government decided not to accept the resignation of the Energy Minister Temenuzhka Petrova. Just a week ago she offered the resignation to Prime Minister Boyko Borisov and he accepted it. She decided to leave Bulgarian Government to prevent possible allegations about her role in the CEZ deal with Bulgarian company Inercom. Deputy Prime Minister […]