Tag: Grand Energy Distribution

Grand Energy Distribution nearing bankruptcy – Bulgaria, 03 December 2021

The largest electricity trader in Bulgaria – Grand Energy Distribution, associated with the Bulgarian businessman Hristo Kovachki, has stopped fulfilling its, over 100 million euros worth, supply contracts in August. […]

Grand Energy Distribution was the largest electricity trader in 2020 – Bulgaria, 17 September 2021

Electricity market in Bulgaria was very dynamic in 2020. The lockdowns starting in March last year dealt an unexpected blow to the European markets: in just a few days, the […]

CPC approved the acquisition of Grand Energy Distribution – Bulgaria, 13 August 2021

Bulgarian Commission for the Protection of Competition (CPC) approved the acquisition of electricity trader Grand Energy Distribution by local company Stoimenov Trading. The statement from the CPC said that the […]