The Bulgarian Olympic Committee (BOC) is navigating a period of transition as long-serving Secretary General Belcho Goranov has departed his position and taken on a new role with the Bulgarian Wrestling Federation. The move comes amid ongoing legal challenges to the election of Vesela Lecheva as BOC President, replacing Stefka Kostadinova, and signals potential further … Read more
A consortium led by BlackRock has reached an agreement to acquire AES Corporation, the owner of the Galabovo Thermal Power Plant in Bulgaria, for $33.4 billion, both companies announced Monday. The deal, which includes the assumption of AES’s $27.56 billion in debt, brings together Global Infrastructure Partners, an affiliate of BlackRock, and the Swedish private … Read more
Plevan, Bulgaria – A dispute between a former prosecutor and current leadership is unfolding in Bulgaria, raising questions about the independence and governance within the country’s prosecutorial system. Vladimir Nikolov, the former district prosecutor of Plevan, has publicly criticized the current acting Chief Prosecutor, Borislav Sarafov, alleging an authoritarian style of management and calling for … Read more