 | |
| Company type | State owned |
|---|---|
| Industry | Oil and gas industry |
| Founded | 1963 |
| Headquarters | , |
| Revenue |  BGN 1.637 billion (2011) |
 BGN 73.2 million (2011) | |
Number of employees | 46 (2011) |
| Website | www |
Bulgargaz is the largest Bulgarian natural gas distribution company. It is a subsidiary of Bulgarian Energy Holding EAD, [1] [2] a holding company established on 18 September 2008. As of November 2009 the company is listed on the Bulgarian Stock Exchange - Sofia. [3]
The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is an industrialised high-income country according to the World Bank, and is a member of the European Union (EU), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE) and the Organization of the Black Sea Economic Cooperation (BSEC). The Bulgarian economy has experienced significant growth (538%), starting from $13.15 billion and reaching estimated gross domestic product (GDP) of $86 billion or $203 billion, GDP per capita of $31,148, average gross monthly salary of 2,009 leva, and average net monthly salary of $2,102 (2022). The national currency is the lev, pegged to the euro at a rate of 1.95583 leva for 1 euro. The lev is the strongest and most stable currency in Eastern Europe.
Sofia is the capital and largest city of Bulgaria. It is situated in the Sofia Valley at the foot of the Vitosha mountain, in the western part of the country. The city is built west of the Iskar river and has many mineral springs, such as the Sofia Central Mineral Baths. It has a humid continental climate. Being in the centre of the Balkans, it is midway between the Black Sea and the Adriatic Sea and closest to the Aegean Sea.
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Energy in Bulgaria is among the most important sectors of the national economy and encompasses energy and electricity production, consumption and transportation in Bulgaria. The national energy policy is implemented by the National Assembly and the Government of Bulgaria, conducted by the Ministry of Energy and regulated by the Energy and Water Regulatory Commission. The completely state-owned company Bulgarian Energy Holding owns subsidiaries operating in different energy sectors, including electricity: Kozloduy Nuclear Power Plant, Maritsa Iztok 2 Thermal Power Plant, NEK EAD and Elektroenergien sistemen operator (ESO); natural gas: Bulgargaz and Bulgartransgaz; coal mining: Maritsa Iztok Mines. In Bulgaria, energy prices for households are state-controlled, while commercial electricity prices are determined by the market.
The Maritsa Iztok Complex is the largest energy complex in South Eastern Europe. Maritsa Iztok 1 and 3 located entirely within Stara Zagora Province in south-central Bulgaria while Maritsa Iztok 2 is split with eastern neighboring Sliven Province. It consists of three lignite-fired thermal power stations. The complex is located in a large lignite coal basin, which includes several mines, enrichment plants, a briquette plant and its own railway system. The development of the thermal power and mining complex at Maritsa Iztok began in 1952, but the lignite deposits used to be known well in the mid-19th century. The Maritsa Iztok mines and power plants are interdependent as the only market for coal is the power plants, while the power plants have no other supplier of coal but the mines.
Weatherford International plc, is an American public limited company, together with its subsidiaries, is a multinational oilfield service company and one of the largest companies in the world in oil services; operationally headquartered in the US with a holding company based in Ireland. Weatherford is a company providing equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. Many of the company's businesses, including those of predecessor companies, have been operating for more than 50 years.
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South Stream is a canceled pipeline project to transport natural gas of the Russian Federation through the Black Sea to Bulgaria and through Serbia, Hungary and Slovenia further to Austria. It was never finished.
Slavcho Penchev Binev, sometimes Slavi Binev, is a Bulgarian politician and former taekwondo champion.
Natsionalna Elektricheska Kompania EAD (NEK) (Bulgarian: Национална електрическа компания ЕАД) is a single-owned joint-stock electric company headquartered in Sofia, Bulgaria. Bulgarian Energy Holding is the holder of the capital of NEK.
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Bulgarian Energy Holding EAD is a state owned energy holding company in Bulgaria. It was incorporated on 18 September 2008 after renaming Bulgargaz Holding EAD. In November 2009, the Bulgarian Government decided to list the company at the Bulgarian Stock Exchange – Sofia.
Bulgartransgaz EAD is a natural gas transmission and storage system operator of Bulgaria. It is a subsidiary of Bulgarian Energy Holding EAD. Bulgartransgaz was created on 15 January 2007 in Sofia. In November 2009, the Bulgarian Government decided to list the company at the Bulgarian Stock Exchange - Sofia.
Energetický a průmyslový holding, a.s. (EPH) is a Czech Republic (Prague) based company currently investing mainly in the energy sector in Europe, founded in 2009. The group's business lines covers the complete value chain ranging from highly efficient cogeneration, power generation, and natural gas transmission, gas storage, gas and electricity distribution and supply. The majority owner is Czech entrepreneur and lawyer Daniel Křetínský (94%), who is ranked among the richest Czechs in the long term and according to Forbes he became a dollar billionaire in 2017. The remaining 6% is distributed among selected managers of EPH. EPH employs almost 25.000 people and comprises over 50 companies.
Boyko Metodiev Borisov is a Bulgarian politician who was a three-term Prime Minister of Bulgaria, serving from 2009 to 2013, 2014 to 2017, and 2017 to 2021, making him Bulgaria's second-longest serving Prime Minister to date. Despite leaving office, Borisov remained as the leader of the GERB party and later returned to politics by becoming a member of the National Assembly, which he is to this date.
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