Three companies filed offers to consult Bulgaria’s Economy and Energy Ministry on the setup of a state-run energy holding before the June 10 deadline, the ministry said in a statement.

The offers of Bulbrokers Consulting, Deloitte Bulgaria and Euroaudit BX were unsealed on June 11 and will be made public on June 13.

Consultants will be expected to organise and prepare the registration of the holding, to draw up ways to consolidate and transform individual companies, as well as recommend measures to improve the country’s regulatory framework.

The winning consultancy will also be expected to draw up a detailed financial and investment plan for the holding, which should include efficiency parameters in regard to power production and staff numbers, among others.

The future energy holding include all energy companies in state ownership – the National Electricity Company, Kozloduy nuclear power plant, Bulgargaz Holding, Maritza Iztok mines and Maritza Iztok 2 thermal power plant. The cumulative assets of the future entity are estimated at four billion euro and its annual revenues at 1.8 billion euro.