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New Energy Efficiency Act

Bulgarian parliament adopted a new Energy Efficiency Act on 30 April 2015 implementing the provisions of EU Directive 2012/27/EC on the energy efficiency and introducing new measures for increase of the energy efficiency for

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Sanctions in agricultural land regime postponed

By virtue of amendments of the Ownership and Use of Agricultural Land Act (OUALA) dated 20 February 2015 the legislator introduced solid sanctions in case of breach of the restrictions concerning ownership over agricultural

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Amendments to the Commercial Register Act

Bulgarian Parliament approved amendments to the Commercial Register Act (CRA), with which our legislation adopted the provisions of Directive 2012/17/ЕU concerning the interconnection of central, commercial and companies registers within EU. Pursuant to the

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Sanctions on owners of agricultural land

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

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Decreased prices of electricity from biomass

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,

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Free SMS notifications for real estate owners

From January 2015, the mobile services of SMS notifications performed by the Property Registry Offices shall become free of charge for the real estate owners. Information shall be provided regarding entries, records and deletions

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