Heat Supply – VT began extensive repairs for BGN 260,000. We have not made such investments from at least five years, said Deputy Executive Director of the Company Krassimir Ignatov. On 5 August starts the replacement of 200 meters of steam-pipe on Arch. George Kozarov Str. where in recent years have been the worst accidents that left half the city without washing. 25 km is the distribution network in Veliko Tarnovo. BGN 200,000 are provided for scheduled maintenance of the CHP. It was installed in 2007 and now has 50,000 hours operation, which requires maintenance. CHP produce 2.8 megawatts of electricity and 3 megawatts of heat. The hot water is passed with CHP during the summer season and in the winter it produces 30 percent of the heat energy, said Mr. Ignatov.
Source: Yantra - Veliko Tarnovo (12.07.2013)

Bulgarian energy boss back in court for BGN 16m tax evasion Following a decision of Bulgaria's Supreme Court of Cassation, the case against Bulgarian energy boss Hristo Kovachki over charges of BGN 16 million tax is back in court just a year and a half after the businessman was acquitted. The three-judge panel of the Supreme Court, headed by Judge Ivan Nedev, returned the case to the Court of Appeal for reconsideration sue to alleged procedural breaches. Kovachki, whose party failed to win seats in 2009 parliamentary election, has diverse business interests, ranging from manufacturing to banking and from energy to retail, novinite.com noted. Owning the Thermal Plants "Maritsa-Iztok 3" in Dimitrovgrad and "Bobov Dol", several mines, as well as the heating utilities in Vratsa, Burgas, Veliko Tarnovo and Pleven, the grocery chain "Evropa" and the "Atomenergoremont" company, Kovachki is believed to be one of the richest men in the Balkans, novinite.com informed. The media outlet also noted that if found guilty, part of Kovachki's propertycould be confiscated.
Source: Standart (12.09.2013)