Bulgaria's electricity export drops by 30 % in first half of 2009
Bulgarian electrical energy exports dropped by nearly 30 % in the first six months of 2009 year-on-year. This was
announced by the Bulgarian Energy Holding (BEH).
The losses of two of the companies in the holding -- Mini Maritsa Iztok EAD and National Electrical Company (NEK) --
for the same period are close to BGN 60 mm, the financial result of the first 6 months of 2009 showed.
As a whole, BEH has considerably improved its financial condition compared to 2008. The net profit of the holding in
the first half of 2009 was BGN 160 mm, while for the whole 2008 it was BGN 86 mm.
The electricity export in the first six months of the year decreased by 28,4 % from 2,16 mm MWh in the middle of 2008
to 1,5 mm MWh in July 2009.
Bulgarian Energy Holding (BEH) was incorporated on 18.09.2008 with Minister of Economy and Energy Decision, after
renaming Bulgargaz Holding. BEH is a shareholding company with 100 % state owned participation.
The Holding includes Mini Maritsa Iztok EAD, Maritsa East2 TPP, Kozloduy NPP, NEK, Electricity System Operator,
Bulgargaz, Bulgartransgaz and Bulgartel.
