On Tuesday parliament debated whether it should hold plenary sessions from Wednesday to Friday, or every other week, so that it can focus on making quality laws instead of always being in a rush. In other words - it was a relatively slow day for news as parties continue talks and the summer holiday season begins.
The day ended with a big story though: CEZ Group is withdrawing from the Bulgarian market after 17 years of operation. Eurohold paid 335 million euro for seven local CEZ Group companies. Read the full story here.
DB and TISP discuss tax-free minimum income
Today, party representatives of Democratic Bulgaria (DB) and There is such a people (TISP) agreed to the idea of bringing in a tax-free minimum income level starting 2022 and to abandon the idea of full privatization of the Bulgarian Development Bank (BDB). The introduction of a tax-free minimum is also one of Stand up, BG! and BSP's priorities. "As a whole, we have few differences on finance and economics," said DB representative Vladislav Panev after the meeting with TISP.
Three companies receive investment certificates
Three local companies will invest over 54 million levs over the next few years to increase their capacity - glass manufacturer Trakia Glas, plastic packaging plant Gotmar, and automotive subcontractor Teklas. The investments will create about 240 new jobs.
Solarpro and GreenYellow to build a 4 MW solar plant in Solvay-Sodi
Bulgarian Solarpro and France's photovoltaic investment company GreenYellow have announced a strategic partnership for joint large-scale solar installations for their own use in Eastern Europe. The first joint project will be a 4 MW photovoltaic electric plant for the purposes of Solvey's local division - Solvey-Sodi. The plant is expected to produce 5300 MWh of green energy per year.