abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

Diese Seite ist nicht auf Deutsch verfügbar und wird angezeigt auf English

Bericht

28 Feb 2018

Autor:
Greenpeace Bulgaria

The Financial Mines – Murky banking interests in the Bulgarian coal industry drain public funds, destroy thousands of human lives and heavily contaminate the environment

A group of around 20 Bulgarian companies active in coal mining, electricity and heat production form a closely integrated secretive business structure. The companies are owned by foreign firms on paper, but are evidently linked to one or more domestic banks. This “Coal Empire” is highly indebted, with an accumulated loss of close to 200 million euro as well as delayed payments of taxes, salaries and social contributions nearing 113 million euro. However, the authorities are turning a blind eye to the issue. Some of the biggest air polluters in Europe enjoy huge price subsidies for their “efficient energy”...The coal miners have to accept monthly wages of 300, rarely 400 euro. The miners are often left without pay for months on end and their desperate protests are blatantly suppressed. In the last ten years 23 people have died and 17 have been left disabled while working under the unhealthy and dangerous conditions of the Bulgarian coal extraction industry...Commonalities among the companies include: Horrible labor conditions and miserable wages...Massive environmental pollution...Systematical bullying and humiliation of the workers...Company creditors are exclusively Bulgarian banks: primarily, the First Investment Bank (FIB), followed by Investbank and the already mentioned Corporate Commercial Bank...In the Bulgarian public domain these companies are commonly associated with the businessperson Hristo Kovachki...[P]reparing this report we analyzed the annual financial reports of 19 companies including 8 mines, 8 district heating systems and 3 TPPs for the ten-year span between 2007 and 2016...The mines that were analyzed are the following: Chukurovo, Beli Breg, Staniantsi, Cherno More – Burgas, Mini Otkrit Vagledobiv – Pernik, Balkan 2000, Vagledobiv Bobov Dol, and Fundamental. This network also includes the district heating systems of Burgas, Pernik, Pleven, Ruse, Veliko Tarnovo, Gabrovo, Vratsa, and Sliven. The TPPs are Maritsa 3, TPP Bobov Dol, and Brikel... 

Zeitleiste

Informationen zum Datenschutz

Diese Website verwendet Cookies und andere Web-Speichertechnologien. Sie können Ihre Datenschutzeinstellungen unten festlegen. Die Änderungen werden sofort wirksam.

Weitere Informationen über unsere Nutzung von Webspeicherung finden Sie in unserer Richtlinie zur Datennutzung und Cookies

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics-Cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Ihre Privatsphäre-Einstellungen für diese Website

Diese Website verwendet Cookies und andere Web-Speichertechnologien, um Ihre Erfahrung über die notwendigen Kernfunktionen hinaus zu verbessern.