Novinite: Caretaker Govt Replaces CEO of South Stream Bulgaria

Dimitar Gogov, former head of state-owned gas supplier Bulgargaz EAD, has been appointed CEO of South Stream Bulgaria, the company tasked with building the Bulgarian section of the South Stream gas pipeline.

South Stream Bulgaria decided at a general meeting on October 3 to replace the CEO, Vladimir Inkov, with Dimitar Gogov, according to a media statement published on the website of the Ministry of Economy and Energy.

“We remind that the governing body of South Stream Bulgaria did not comply with the protocol decision of caretaker Economy and Energy Minister Vasil Shtonov from August 11, 2014. Despite an explicit ban, a capital hike of South Stream Bulgaria was registered in the Trade Registry on August 18, 2014,” the statement says.
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