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TPP Varna (Thermal Power Plant Varna) SPJSC - Ezerovo-Vn
Branch: Production of electricity from non-renewable sources Licences & Certificates: Large taxpayers and insurers
Manufacture of electricity
Membership: Bulgarian Industrial Association Registered Actitity: Production of electricity and thermal energy, transport and allocation of thermal energy, investment activity "Bulgargaz" has filed a new claim against "TEC Varna" EAD, this time for over BGN 3 million.
The state company "Bulgargaz" has filed a lawsuit in the Varna District Court against the company "TEC Varna" EAD, majority owned by the honorary leader of the DPS Ahmed Dogan, in the amount of over BGN 3 million. The amount has been accumulated from unpaid obligations for the supply of natural gas gas for the period from March to September this year, as well as penalties for late payments. "Bulgargaz" has ensured the annual transmission capacity of 7,800 thousand MWh/day requested by "TEC Varna" EAD. In the specific case, the claims of the state-owned company are for the provided natural gas for the eight months of 2022. During that time, the Varna TPP did not use the provided capacity, but regardless of this, it owes remuneration for it, regardless of the reasons why the gas was not has been utilized. "Varna" TPP has transferred shares and shares of subsidiaries to "Sigda". It is about 50 thousand available registered shares of the company "Delta Epsilon", 100 company shares with a nominal value of BGN 10 each from "Port Logistics Burgas" and "Otmanli Village", 6,379,820 shares from the capital of "Pristanishte TEC Ezerovo" and 10,000 ordinary available registered shares worth BGN 100,000 from the capital of Electric Securities. In the middle of May this year however, the Registry Agency refused to register the transfer of assets. For many years, the Varna TPP was among the sites that the state used for functions such as "cold reserve" and electricity production to balance the energy system. The company "Sigda" OOD, majority owned by the honorary leader of DPS Ahmed Dogan, has transferred its shares from "TPP Varna" to the company "Sigda Investment" AD. The transfer took place by decision of the General Meeting of shareholders in "Sigda", held on December 15 of this year. The actual transfer of the shares was reflected in the registers three days later - on December 18. The subject of the transfer are 850,550 ordinary registered shares, each with a nominal value of BGN 10. Majority owner of the capital of "Sigda" OOD with 70% of it is Ahmed Dogan. The remaining shares are divided between Stanislav and Ivelina Papazovi - son and daughter of the former minister of transport in the government of Plamen Oresharski Danail Papazov. Shareholders in "Sigda Investment" are Ahmed Dogan and Danail Papazov, and in addition to the two of them, Stanislav Papazov is on the Board of Directors of the company.
Bulgargaz SPJSC - Sofia Bulport Logistics JSC - Varna Delta Epsylon JSC Sigda LTD - Varna TPP Varna (Thermal Power Plant Varna) SPJSC - Ezerovo-Vn
02.02.2026: Bulgaria won an international arbitration case for nearly 1... 03.07.2025: The court lifted environmental fines of 88 million leva imposed... 01.10.2024: TPP Varna accounts for over 32 million BGN loss for 2023 and BGN... 27.08.2024: Dogan has already been removed from the board of TEC Varna The... 16.08.2024: In parallel with the surprising transfer of ownership of the... 14.08.2024: Dogan leaves Danail Papazov at the helm of TPP Varna The... 09.07.2024: "Bulgargaz" rescheduled the debt for millions of TPP... 12.02.2024: Ahmed Dogan is preparing three large solar parks Over the past... 03.01.2024: "Bulgargaz" has filed a new claim against "TEC Varna" EAD, this... 24.10.2023: The court in Varna ordered TEC Varna to pay 35.5 million BGN... This company profile is visited 7 115 times [2026: 43, 2025: 784, 2024: 885, ... ] |
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