This week ING bank will negotiate with the National Electric Company for granting a credit of USD 6 million. According to preliminary data the interst at the credit is between 10.5 and 11 per cent and the payments will be guaranteed with a contract for an immediate receipt by clients of the electric company on behalf of the bank.
Source: 24 chasa (02.05.1995)

By May 6, 1995 the most powerful in the world HPS will start its exploitation. The 2 turbines have already been in exploitation. The investment amounts to BGN 1 billion and the chief executor of the object is Hydrostroy.
Source: Other (02.05.1995)

The National Electricity Company will be granted a credit of BGL 3 billion by the State Fund for Reconstruction and Development. The Board of Governors of the fund will pick out the CBs that will service the credit. Most probably these will be Elitbank, Balkanbank and Unionbank.
Source: Other (10.08.1995)

Rousse firms have debts of BGL 94 million to Bulgargas. Their obligations to the National Electric Company amount to BGL 3.37 million. Obligations of BGL 229 000 have been collected with the help of sixteen court's executive lists.
Source: Other (24.08.1995)

The United Bulgarian Bank and Post bank granted a credit of BGN 960 million, provided by the State Fund for Reconstruction and Development. With the resource will be paid the nuclear fuel for the 5th energy block of NPS Kozlodui.
Source: 24 chasa (28.08.1995)

The Executive Director of the National Electrical Company Dianko Dobrev retired. He will be replaced temporary by Trifon Tsvetanov.
Source: Other (29.09.1995)

Sofia District Court registered amendments in the documents of National Electric Company JSCo. Ljubomir genov is not longer member of the board of directors of the company and Valentin Ivanov is discharged as procurator.
Source: State Gazette (13.10.1995)

United Bulgarian Bank and Bulgarian Post Bank granted credit of BGL 950 million to the National Electrical Company. BGL 500 million of the credit are given on the part of the United Bulgarian Bank and the rest BGL 450 million on the part of the Post Bank. The interest on this loan will be 4% over the basic rate of interest. The credit is necessary for the buying of nuclear fuel. Other credits to the electrical company are granted by the State Fund for Reconstruction and Development and they are serviced by TS Bank, Elitbank, Mineralbank, Sofiabank and First Private Bank.
Source: Banker (30.10.1995)

The losses of the National Electric Company amount to BGL 900million. The last year's losses of the company for the same period totalled BGL 4 billion.
Source: Standart (07.11.1995)

Insurance and reinsurance company Orel and the State Insurance Institute will secure the covering of the nuclear risk. MIC is also likely to join the two fore-mentioned insurance companies, announced its general director Hristo Draganov.
Source: Standart (08.11.1995)

The losses of the Bulgarian energy sector amount to BGL 14 billion. The bigger part of the losses is on the behalf of the National Electrical Company.
Source: Standart (21.11.1995)

The Bulgarian-Russian "Triada" JSC is ready to participate in the construction of new nuclear power stations in Bulgaria, announced its Executive Director Georgi Stefanov. The company is established on January 1st 1995. Bulgaria and Russia hold 45 per cent of the shares each and the remaining 10 per cent are owned by the Bulgarian-Russian Investment Bank. The Russian shareholders are: Atomenergoexport", "Zarubezhatomenergostroy" and "Atomtechenergo". The Bulgarian shareholders are the National Electrifical Company, "Energoremont" and "Energoproekt". Chairman of the Board of the Directors is Konstantin Russinov-Director of the Energetics Committee. At the present moment the company carries out rapairs in the thermal power stations "Varna", "Bobovdol" and "Maritza-Iztok".
Source: Other (27.11.1995)