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News: Bulgaria>> Bulgaria must return BGN 4 mln to CEZ
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Bulgaria must return BGN 4 mln to CEZ
News: Thursday, 2009-01-22 11:00
Article by: Sega daily
The energy company, serving Western and Northern Bulgaria, managed to sue Bulgaria, which is to return a part of the funds paid during the privatization. The International Court of Arbitration in Paris decreed that CEZ is to receive partially its demand. Bulgaria will have to pay BGN 4 mln out of the demanded BGN 8.6 mln. CEZ took the matter to court in 2006 after allegations that after the privatization the company has ascertained hidden losses. CEZ paid a total of EUR 281.5 mln for the three companies bought. >>
Scope: Bulgaria
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news
- Shumen-based Carlsberg brewery starts again after temporary winter break
- Colossal project for extraction and processing of gold containing ores near Breznik
- Shumen municipality may terminate contarct with Israeli company for heating utility Toplofikatsia Shumen EAD
- Bulgarian ski resort operator Pamporovo raises its capital to BGN 1.61 million
- BG Parliament accepted the resignation of Prime Minister Boyko Borisov and his Cabinet
- SMS alert service notifies for any change in ownership of own property in the National Land Registry
- Vinprom Peshtera JSC is amomg the largest taxpayers in Bulgaria
- The government terminated concession contract for the sea beach Shkorpilovtsi - north
- The average monthly salary in Bulgaria - near EUR 415 for December 2013
- ABB Group reorders its organizational structure - merged units in Varna, Sevlievo and Rakovski
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