Economy of Russia

Russia's Gazprom is looking to gain an even larger gas market share in Europe following record-high 2018 exports, expecting a decline in Europe's gas output combined with rising demand, a senior manager at the company has said.

After the complex rescue of Croatia's biggest private company, Agrokor, which ended with a debt-for-equity swap, the biggest shareholder, Russia's Sherbank, told BIRN that it does not intend to own the firm long-term and wants to sell its stake.

Representatives of the European Commission, Russia and Ukraine will talk today on gas issues despite the forthcoming two-month holiday of the EU Energy Commissioner Maroš Šefčovič, TASS reported.

The announcement was made by the Russian bank.

The memorandum was initiated with a contract signed by the two companies in December 2018.

Sberbank Serbia is one of the banks that participated in the lending to Telekom. Sberbank Group participated in this loan with 77 million euros, of which Sberbank Srbija's participation was 25 million euros.

The 9th Youngsters On The Air will be held in Bulgaria, close to the capital city Sofia. 
BFRA (Bulgarian Federation of Radioamateurs) will be hosting the event, which will take place in the summer of 2019.

In this YOTA Camp IARU Region 1 will be continuing with our train-the-trainer (TTT) program, which will be the main theme of the week.

Bulgaria's state gas network operator Bulgartransgaz plans to seek binding bids from shippers by Jan 16 for a new gas link to transport mainly Russian gas from the TurkStream pipeline to central Europe, company documents showed on Thursday, reports Reuters.

A record number of weapons and ammunition were found in a garage in the Reduta district, NOVA reported. They were found in a GDBOP action and the Specialized Prosecutor's Office. Some of the machine guns were found in the village of Gabarevo, Municipality of Pavel Banya. Drugs were also found in the operation. One person has been arrested on the case, detained on November 30, Darik learned.

The continuation of the TurkStream pipeline in Europe will be ready for at least a year's delay, Russian Interfax news agency reported.

The reason is the delay in the construction of the respective gas transport infrastructure in Central and Eastern Europe.

Bulgaria will need more than BGN 2.8 billion to build a new gas infrastructure to respond adequately to the new gas flows in the region. This was stated during a hearing in Parliament by Energy Minister Temenuzhka Petkova, which marks the major changes in the country's updated energy strategy by 2020.

Responding to Ankara's announcement that it will proceed with the installation of Russian S-400 surface-to-air missile systems in October 2019, Washington has warned of sanctions and repercussions in defense trade.