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    NGE Notes: Management Changes at Bulgarian Energy Holdings

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Summary

Dragomir Stoynev, Bulgaria's Minister of Economy and Energy, has dismissed Mihail Andonov, Chief Executive Officer of the Bulgarian Energy Holding (BEH),which operates Bulgargaz, the natural gas distribution company and Bulgartransgaz, the transmission and storage system operator.

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Press Notes

NGE Notes: Management Changes at Bulgarian Energy Holdings

Senior management changes have occured at Bulgarian Energy Holding (BEH), with dismissal Chief Executive Officer Mihail Andonov,

Dragomir Stoynev, Bulgaria's Minister of Economy and Energy, dismissed the Board of Directors of BEH including Andonov, Bozhan Stoyanov, and Todor Shopov.

The state owned energy holding company includes the operation of Bulgargaz, the largest Bulgarian natural gas distribution company and Bulgartransgaz, the natural gas transmission and storage system operator.

The newly elected members of BEH's Board of Directors are Boyan Boev and Georgi Hristozov.