Tag: NEK

Employers’ associations blame management of state-owned energy companies for high electricity prices – Bulgaria, 09 May 2019

Bulgarian four largest employers’ associations sent a letter to Prime Minister Boyko Borissov, in which they blame the Government for a total lack of efforts to cut the expenses of state-owned energy companies: nuclear power plant Kozloduy, coal-fired thermal power plant Maritsa East 2 and National Full article available for subscribers of Energy NEWS service […]

NEK recorded 37.4 million euros loss in Q1 2019 – Bulgaria, 03 May 2019

Bulgarian state-owned National Electricity Company (NEK) recorded a net loss in the amount of 37.4 million euros in the first quarter of 2019, compared to a net profit of 37.4 million euros in the same period in 2018. The company’s total revenues dropped by 29.7 in the first three months of 2019 Full article available […]

NEK launched tender for HPP Vacha-1 switchyard rehabilitation – Bulgaria, 08 March 2019

The European Bank for Reconstruction and Development (EBRD) announced that Bulgarian National Electricity Company (NEK) has launched a tender for the rehabilitation of 100 kV switchyard and other systems of integrated control at its hydropower plant Vacha-1. The statement from the Bank said that Full article available for subscribers of Energy NEWS service (PDF publications, […]