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Bulgaria: CEZ to Keep License

Published: May 13, 2013; 12:41 · (Vindobona)

Former PM Borisov had been critical of CEZ in Bulgaria. Energy Minister Vasilev annouced the power supplier would not lose its license.

Bulgaria: CEZ to Keep License / Picture: © CEZ

The early elections in Bulgaria were won by former Prime Minister Boyko Borisov who had been critical of CEZ, the Czech power supplier. However, Energy Minister Asen Vasilev announced that in his opinion CEZ will not lose its license.

The final decision it to be taken in mid-June at the earliest. After losses in the amount of around CZK 900m p. a. from a decrease in prices,…

This article includes a total of 115 words.

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