Company Overview of Bulgarian Energy Holding EAD
Bulgarian Energy Holding EAD engages in the electricity generation, supply, and transmission activities in Bulgaria. The company generates electricity through thermal, nuclear, and hydro power plants. It supplies electricity to medium and low voltage electricity supply companies in Bulgaria; and directly to industrial customers, as well as exports electricity. The company is also involved in the natural gas transmission, supply, and storage activities; and operation of open pit lignite coal mine covering an area of 240 square kilometers and has reserves of 2,096 million tons. It sells its coal to thermal power plants. In addition, the company operates electricity exchange; and provides telec...
16, Veslets Street
Founded in 1973
Key Executives for Bulgarian Energy Holding EAD
Chief Executive Officer and Executive Director
Executive Director - Mines
Compensation as of Fiscal Year 2016.
Bulgarian Energy Holding EAD Key Developments
Bulgaria May Sell Bulgartransgaz
Jun 29 16
Bulgaria's Prime Minister Boyko Borissov said that Bulgaria may have to sell Bulgartransgaz EAD, or else face an EU infringement procedure that could cost it up to €300 million. A spokesman for European Commission said that it has not yet reached a final decision on the matter. "The Commission's antitrust investigation is ongoing. In March 2015, the Commission sent a statement of objections to Bulgarian Energy Holding, informing it of the Commission's preliminary view that BEH may have breached EU antitrust rules by hindering competitors' access to key gas infrastructures in Bulgaria," the spokesman said, adding that Bulgarian Energy Holding EAD has sent a written response to the Commission's objections.
Bulgarian Energy Holding Reports Consolidated Earnings Results for the Year 2015
Apr 25 16
Bulgarian Energy Holding reported consolidated earnings results for the year 2015. The company reported consolidated net profit of BGN 29.5 million in 2015 from a loss of BGN 277.4 million in 2014.
Bulgarian Energy Holding Announces Earnings Results for the First Quarter Ended March 2015
May 8 15
Bulgarian Energy Holding announced earnings results for the first quarter ended March 2015. The company posted an after-tax profit of BGN 7.895 million in the three months trough March, up by 2.8% on the year.
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