Ekaterina Ivanova Appointed CEO of Bulgaria's National Electric Co

Bulgaria's Minister of Economy and Energy Dragomir Stoynev, photo by BGNES

Ekaterina Ivanova is the new Chief Executive of Bulgaria's National Electric Company (NEK), according to Economy and Energy Minister Dragomir Stoynev.

A few days ago, the Board of Directors of the Bulgarian Energy Holding (BEH) approved the removal of Yordan Zhelev from the post and appointed Ivanova, longtime member of the State Commission for Energy and Water Regulation (DKEVR), as his successor, according to reports of the BGNES news agency.

Commenting on the reshuffle, Stoynev made clear Thursday that Zhelev, who was appointed CEO of NEK in end-November 2013, had received a better-paid job offer abroad which he had accepted.

Stoynev claimed that the latest reshuffle at NEK underscored the need to increase the salaries of senior officials at state-owned enterprises so as to match the huge responsibilities which the positions presupposed.

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