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"Holding Maritsa Iztok" EAD is entered in the Commercial Register On October 29, 2026, the newly established company "Holding Maritsa Iztok" EAD was entered into the Commercial Register, the Bulgarian Energy Holding (BEH) announced. With this registration, the Holding acquires legal personality and commences its operations. The new holding company consolidates "Mini Maritsa-iztok" EAD and "TPP Maritsa Iztok 2" EAD; its objective is to ensure unified management of the companies within the Maritsa Complex, foster their sustainable development, and facilitate the successful implementation of projects aimed at the region's transformation. This restructuring marks concrete progress in fulfilling Bulgaria's strategic commitments under the Recovery and Resilience Plan and contributes to meeting the conditions required to secure the designated European funding. The Holding’s capital amounts to EUR 550 million, divided into 55 million registered shares with a nominal value of EUR 10 each. The sole owner of the capital is the Bulgarian State, represented by the Minister of Energy. The registered office and principal place of business are located in Radnevo, at 13 Georgi Dimitrov St.—within the administrative building of "Mini Maritsa-iztok." Petar Valeriev Angelov has been registered as the representative of the new company. The Board of Directors also includes Dian Georgiev Ivanov and Kaloyan Tenev Kanev. All three have been appointed pending a competitive selection process conducted in accordance with the Public Enterprises Act, for a term not exceeding six months from the date of the Holding's registration. In September, the Council of Ministers approved the transfer of ˆ126.6 million to the new holding company. Funding is expected to be drawn from European programs and the state budget. The anticipated European funding is linked to the implementation of the National Assembly’s decision from April 2024.

 

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