In the first quarter of 2025, the state-owned company Bulgargaz reported a significant reduction in financial losses linked to its contract with the Turkish gas firm Botas and, notably, posted a profit from natural gas sales. Bulgargaz’s losses for the first three months of 2025 totaled 32.443 million leva, a substantial improvement compared to the…
A delegation led by Dilshod Rasulov, Deputy Chairman of the Chamber of Commerce and Industry of Uzbekistan, has begun a working visit to Latvia and Lithuania, starting with a trip to Riga. In the first part of the program, the Uzbek delegation toured the Riga Central Market, one of the largest trading complexes in Europe.…
The Commission for Protection of Competition (CPC) has fined Billa Bulgaria EOOD 405,936 leva for engaging in misleading advertising, in violation of Article 32, paragraph 1 in connection with Article 33 of the Law on Protection of Competition. The sanction stems from an investigation into a promotional campaign by the company involving the product “Basso…
Ukraine’s Minister of Energy Svitlana Grynchuk held a meeting with the Ambassador of the Republic of Turkiye to Ukraine Mustafa Levent Bilgen, during which the parties discussed expanding cooperation in the energy sector and protecting energy infrastructure. Svitlana Grynchuk and Mustafa Levent Bilgen explored prospects for developing bilateral projects, particularly in the areas of natural…
Unmanned aerial vehicles are one of the top priorities for additional funding of Ukraine’s Defense Forces. Private investment can play a critical role in scaling up defense manufacturing, especially if foreign governments provide protection against wartime risks, Dan Rice, an American military expert, West Point graduate and current president of the American University Kyiv, has…
The transition to the euro will not necessitate the re-signing of existing contracts, Vasil Golemanski, Chairman of the Financial Supervision Commission (FSC), has clarified. He warned the public about a wave of scams exploiting uncertainty around the euro adoption process. Golemanski emphasized that individuals were being targeted with misleading offers that involved signing new agreements…
Food producers in Bulgaria have raised prices on the domestic market significantly more than on export markets, according to the latest data from the National Statistical Institute up to the end of June. Over the past year, prices for food sold domestically have increased by 22.8%, while export prices for food products have grown by…