Bulgaria has evidence of valuable rare earth element deposits and is already taking concrete steps toward developing extraction. This opens opportunities for investment, industrial growth, and a strategic role in Europe.
At Bulgarian Energy and Mining Forum 2025, energy experts discussed the future of the sector. In this video, Hristo Kovachki explains the modernization steps taken by Toplofikatsiya Ruse and the role of district heating systems in the green energy transition.
At the National Conference “Compass 2025” held in Sofia, representatives of the executive branch and leading experts united around the conclusion that coal-fired power plants are critically important for energy security. Energy Minister Zhecho Stankov warned that the premature closure of coal plants could pose serious risks to the country’s energy sovereignty and economy.
Asa Hutchinson is an American lawyer, businessman, and politician from the Republican Party. He was the 46th Governor of Arkansas (2015-2023), United States Attorney, Congressman, and held two key positions in the George W. Bush administration – director of the DEA (2001) and Deputy Secretary of Homeland Security (2003). In 2024, he is a candidate for the Republican presidential nomination. During his second visit to Bulgaria, Asa Hutchinson emphasized that the energy transition from coal to cleaner sources is a strategic opportunity for the country. He expressed readiness for American companies to support Hristo Kovachki’s projects in the field of alternative technologies and green energy, as part of broader economic cooperation between the two countries. “Bulgaria’s place is critically important for all of Europe and the United States.
Bush is visiting Sofia to participate in an energy forum dedicated to rare earth minerals. The businessman explained that Borislavova and Kovachki have undergone thorough scrutiny and added, “When you’re a high-profile figure in Bulgaria’s business sector, you’re often subjected to attacks.” “Kovachki is a smart businessman with a leading position in the sectors he has chosen to invest in. I’ve met his children — both are exceptionally intelligent and well-balanced young people, which is also telling. I believe he is a good man, and I would stand behind him any day.”
The prospects and opportunities for even closer cooperation between Bulgaria and the United States in the field of business were discussed at a meeting between entrepreneur Hristo Kovachki and Asa Hutchinson – former Governor of the State of Arkansas and an influential Republican politician, currently visiting Bulgaria.
He holds a Doctorate in Technical Sciences. As the author of inventions related to lasers, electronics, and energy, he has developed various technologies and obtained over 15 patents in the fields of ecology and energy. He is fluent in English, French, and Russian. In 2013, he published the book “Universal Order – Theory of Knowledge.” His diverse business interests are focused on the implementation of innovations in the Bulgarian energy sector.
Hristo Kovachki met Neil Bush and his global advisors, who are working to help reduce carbon emissions worldwide. The American company PANGEA and the Chinese company JET have gained significant experience in limiting emissions from conventional power plants through their collaboration. Their technological solutions achieve over a 70% reduction in greenhouse gas emissions.
Energy entrepreneur Hristo Kovachki was among the participants on the opening day of the major international forum “Green Week 2023,” dedicated to the green transition in Central and Eastern European countries, organized by Dir.bg and 3e-news. Hristo Kovachki took part as a leading expert in sustainable transformation in the roundtable discussion titled “Bulgaria’s New Energy Strategy.” The discussion brought together a range of voices from the public and private energy sectors, academia, and the non-governmental sphere, who shared their perspectives on the topic.
Nowadays, topics such as energy independence, renewables, energy transitioning, etc. are the main focus of companies operating in this particular segment. In an exclusive interview with EuraAsia Business Today, Hristo Kovachki a Bulgarian businessman is talking about how energy independence is crucial for companies, especially in the current moment with the ongoing Russia-Ukraine war. Kovachki also shares his thoughts on the renewable energy market, and if transitioning to clean energy is going to make companies become more energy efficient. Learn more in the interview below.
Businessman, scientist, inventor – and now a published author. You may have read all sorts of things about Hristo Kovachki, but this interview will focus solely on his insights and the conclusions he has drawn over the years. The occasion for this interview is the release of his first book “Universal Order – Theory of Knowledge”.
Bulgarian entrepreneur Hristo Kovachki presented his first book “Universal Order – Theory of Knowledge” at the historic Balabanov House in Plovdiv. The essence of human civilization lies in the generation of knowledge – that’s what I strive to explain in this book,” Kovachki told the dozens of attendees who had lined up for an autograph. “Universal Order – Theory of Knowledge” offers a novel perspective on societal structures, blending elements of physics and philosophy with minimal political discourse. Kovachki emphasized that the work is a collaborative effort, with five young scientists contributing to the evidentiary sections of the scientific material.