The day in 3 news: ESO unveils new mega-tender amid scandal, Persenk to invest 10m levs in plant, Eurohold gets €60m loan for CEZ

The day in 3 news: ESO unveils new mega-tender amid scandal, Persenk to invest 10m levs in plant, Eurohold gets €60m loan for CEZ

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© Anelia Nikolova


A month before the parliamentary elections on July 11, political parties have announced and registered their lists - with little change compared to the elections on April 4. The leaders are almost the same as in April, and at the forefront and elected positions on the lists are mostly well-known party and non-party figures, former ministers and MPs. Read more about the upcoming elections in Martin Dimitrov's analysis here.

EBRD to lend up to 60m euro to Eurohold for CEZ

The deal to buy CEZ's assets in Bulgaria is progressing. The European Bank for Reconstruction and Development (EBRD) has announced that it will lend up to 60m euro to Eastern European Electric B.V. (EEE), which is a 100% subsidiary of Eurohold and unites the holding's energy business, whose other major area is insurance through Euroins. The funds will be used to finance the acquisition of CEZ's assets in Bulgaria, as well as the modernization of the transmission network, the EBRD said.

Persenk Invest to pour 10m levs into a plant for concrete products

The mining company Persenk Invest - concessionaire of the Kurtovo Konare marble deposit, is planning to build a plant for the production of concrete products near Plovdiv's Novo Selo. The company aims to start manufacturing goods with a higher value-added. The plant will create about 50 jobs.

ESO announces a new mega-tender for 275 million levs

Amid a public procurement scandal and an apparent conflict of interest in the Electricity System Operator (ESO), the state-owned company announced a new mega-tender for 275.5 million levs without VAT. The tender was published on June 7, and the deadline for applicants is July 6. Disconcertingly, the agreements to be signed are of the same type that led to the non-transparent distribution of hundreds of millions of levs by the executive director of ESO Angelin Tsachev to his former company EMU from Targovishte.

A month before the parliamentary elections on July 11, political parties have announced and registered their lists - with little change compared to the elections on April 4. The leaders are almost the same as in April, and at the forefront and elected positions on the lists are mostly well-known party and non-party figures, former ministers and MPs. Read more about the upcoming elections in Martin Dimitrov's analysis here.

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