In 2014 with amendments to the Ownership and Use of Agricultural Land Act (OUALA) the legislator reduced the opportunities for foreign individuals and legal entities to acquire agricultural land in Bulgaria. More specifically, the prohibition on ownership over agricultural land was imposed on: Bulgarian companies having as direct or indirect shareholders foreign companies registered in […]
By virtue of a Resolution No Ц-1 dated 28.01.2015 SEWRC determined lower preferential off-take prices of electricity produced from renewable energy sources (RES) – biomass from wood representing wood waste, forest cleaning, forest pruning, etc., which become effective from 1 February 2015. The decrease in the prices was imposed following public discussions held on 8 […]