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By law, the state can buy the debt of 1.6 billion euros. of "Toplofikacia Sofia". The practical question is what it will do. This debt just piles up and nothing else happens. This was commented by the Chairman of the Association of District Heating Companies Kremen Georgiev in the studio of "ON AIR Day".

"Something prevents nothing from happening, the lack of vision of what to do next, simply buying up the debt does not lead to anything if there are no actions to heal the company. Then we probably need another 1.6 billion," Kremen Georgiev said.

According to him, "Toplofikatsia - Sofia" is the only one that produces many times more heat energy than electricity - 5: 1. For others, it's 1:1.

An accident left a large part of the center of Sofia without hot water and heating

"The modernization with new facilities to produce energy in a combined way should have started 15-20 years ago. In addition to buying the debt, we also need to look for an investor. Simply buying the debt does not lead to anything, "the guest told Bulgaria ON AIR.

He said the collection rate is the same as in other district heating. And the problem pointed out that it comes from the fact that electricity uses a preferential price, and for the production of "Toplofikacia" it needs more money for gas than the heat itself: "You pay 100 leva. for gas, and you produce for 80 leva. It still was. The bill does not come out, there must be foresight."

Kremen Georgiev also commented on the government's agreement with the energy engineers. He pointed out that after the big protests and road closures, there was silence and no one reports to the workers what is happening.

"Energizers have nothing to be happy with. There is also the insult of being fooled. After these large-scale protests, and the closure of highways, if something happened, it had to be announced with loudspeakers all over Bulgaria. We promised, the miners sat down and... "Who's screwed?" asked Georgiev.

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Toplofikatsia Sofia

Ing. Kremen Georgiev

Company reorganisation