Baltic States: Estonian Enefit amd Lithuanian retailer ink deal for 250 charging stations

Estonian state-owned energy group Enefit signed a contract with the major Lithuanian retail chain Norfa for the installation of 250 public charging stations in the southernmost Baltic country. In total, 500 new charging points will be established in 107 different parking areas across the retailer’s commercial network until the end of 2024, with capacities ranging…

Bulgaria: economy moderately up in Q3 2023

In the third quarter of 2023, the Bulgarian economy experienced a 0.4% growth compared to the preceding quarter, maintaining a similar growth pattern seen earlier. Announced by the National Statistical Institute (NSI), the economic expansion, measuring 1.8% annually, remains consistent with the previously estimated 1.7%, showing a slight decline from the 2% growth in the…

Bulgaria: Finance Minister assures of no fuel shortage amid Lukoil refinery sale consideration

Bulgaria’s Finance Minister, Asen Vassilev, addressed concerns about potential fuel shortages following “Lukoil’s” deliberations on selling its business in the country. The reassurance came during Vassilev’s visit to the “Capitan Andreevo” border crossing alongside European Commissioner Mareid McGuinness. Vassilev clarified that the ministry had received prior indications of Lukoil’s contemplation of selling its Burgas-based refinery.…