What Energo Pro Varna does

ENERGO-PRO Varna EAD is the Bulgarian operating subsidiary of the Czech ENERGO-PRO Group, functioning as an integrated electricity distribution, supply, and trading company serving Northeastern Bulgaria. As the licensed Distribution System Operator (DSO) across nine administrative regions — Varna, Dobrich, Ruse, Silistra, Shumen, Targovishte, Razgrad, Gabrovo, and Veliko Tarnovo — the company holds an exclusive territorial concession covering 2.6 million network customers and distributing approximately 10 TWh annually. It also acts as Supplier of Last Resort (DPI) under regulation by the Energy and Water Regulatory Commission (KEVR) and serves 28,800+ business customers on the liberalized free market.

The company operates across three pillars: (1) ENERGO-PRO Sales for residential and SMB electricity supply on regulated and free markets; (2) ERP Sever (formerly ENERGO-PRO Mrezhi) for distribution grid operations; and (3) ENERGO-PRO Energy Services, which provides green energy certificates, energy audits, energy monitoring, photovoltaic installations, and consulting to commercial clients. Supporting technology infrastructure includes the MyENERGO-PRO online customer portal, the MyEnergy mobile application providing hourly consumption data, the KupiTok B2B trading portal, smart metering across the grid, and a drone-based medium-voltage line inspection program. The company also operates a Virtual Power Plant (VEP) service aggregating distributed renewable assets and supports 3,000+ prosumers.

Revenue is generated through usage-based electricity distribution tariffs, regulated and free-market electricity supply (priced by KEVR or negotiated), licensing of green energy certificates, and professional services fees from energy audits and consulting. Pricing is segmented into regulated DPI tiers for residential and small business customers, and usage-based competitive pricing for free-market business customers segmented at the 200 MWh/year threshold. Green energy packages are sold at premium pricing on an annual billing cycle. The company sells 100% green energy to enterprise customers including Kaufland Bulgaria, DHL Express Bulgaria, and Hotel Park Inn by Radisson Sofia. ISO 14001:2015 certification applies to ERP Sever's environmental management system.

Name

Energo Pro Varna

Legal name

ЕНЕРГО-ПРО Варна ЕАД

Website

https://energo-pro.bg

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

ENERGO-PRO Varna EAD is the licensed electricity distribution system operator and supplier serving 2.6 million network customers and 28,800+ business clients across nine regions of Northeastern Bulgaria, distributing 10 TWh annually as part of the Czech ENERGO-PRO Group.

Ownership category

akta.pro rank

Product category

Electricity Distribution and Supply (Utility)

NAICS

Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Investor-Owned Electric Distribution Utilities (IOUs) (EUADABAA)

Keywords

• Electricity distribution
• Electricity supply
• Green energy certificates
• Energy efficiency services
• Utility grid operations

Headquarters

HQ city

Varna

HQ country

Bulgaria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Distribution: Revenue from electricity distribution through the electrical grid network in Northeastern Bulgaria, serving 2.6 million network customers across 9 administrative regions.
2. Electricity Supply: Revenue from electricity sales to end consumers on both regulated and free market. The company serves as Supplier of Last Resort (DPI) and offers competitive pricing for free market customers.
3. Green Energy Certificates: Revenue from supplying 100% green energy to business customers and issuing green energy certificates.
4. Energy Efficiency Services: Revenue from energy audits, energy monitoring, and energy efficiency consulting for business clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

ENERGO-PRO Varna EAD distributes, supplies, and trades electricity across Northeastern Bulgaria as the licensed Distribution System Operator and Supplier of Last Resort. The company serves 2.6 million network customers and 28,800+ business clients with regulated and free-market supply, 100% green energy offerings, energy efficiency consulting, and photovoltaic installations, supported by smart metering and online self-service platforms.

Product overview

ENERGO-PRO Varna EAD operates as an integrated energy company within the Czech ENERGO-PRO Group, offering a comprehensive portfolio of electricity distribution, supply, and energy services across northeastern Bulgaria. The product ecosystem centers on three main pillars: (1) ENERGO-PRO Sales for electricity supply to residential and business customers on regulated and free markets; (2) ERP Sever managing electricity distribution across 9 administrative regions; and (3) ENERGO-PRO Energy Services providing value-added solutions including green energy, energy efficiency consulting, photovoltaic installations, and the KupiTok online trading portal. Supporting infrastructure includes MyENERGO-PRO client portal, virtual power plant services for renewable energy aggregation, and electricity purchase programs for renewable energy producers.

Differentiator

Problem solved

Functional benefit

Brands

• MyENERGO-PRO: Virtual energy assistant providing access to electronic services of ENERGO-PRO 24/7 without the need for electronic signature.
• ЕНЕРГО-ПРО Продажби
• ЕНЕРГО-ПРО Енергийни Услуги
• ЕНЕРГО-ПРО Мрежи

Products and services

• ENERGO-PRO Sales Electricity Supply (ЕНЕРГО-ПРО Продажби)
• ERP Sever Electricity Distribution (ЕРП Север / Elektro razpredelenie Sever)
• ENERGO-PRO Energy Services (ЕНЕРГО-ПРО Енергийни Услуги)
• 100% Green Energy Supply with Certificates (Зелена енергия)
• KupiTok Online Electricity Trading Portal (КупиТок)
• Electricity Purchase from Renewable Producers (Изкупуване на електроенергия)
• Virtual Power Plant (Виртуална електроцентрала ВЕИ)
• MyENERGO-PRO Online Self-Service Portal

Quantifiable outcome

• 455 GWh of green energy delivered to customers in 2024
• +2 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Bulgarian Danube River Basin Directorate (BDZBP)coreStrategic or Co-development PartnerJoint project 'Safe Sky for Birds in Northeastern Bulgaria' under EU LIFE program, protecting 16 endangered bird species. ERP Sever installs bird protection devices on power lines and coordinates conservation efforts with the directorate.
• Technical University of VarnaminorStrategic or Co-development PartnerPartnership for funding modern laboratory development and supporting engineering education. ENERGO-PRO provides sponsorship and internship opportunities for students.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Verbund AG: Austrian vertically integrated utility with a dominant hydroelectric generation fleet and regulated TSO/DSO operations. Comparable in generation mix (hydropower-heavy) and integrated supply model, though operating in Austria/Germany rather than Bulgaria.
• Public Power Corporation (PPC, Greece): Vertically integrated incumbent utility in Greece with lignite and renewable generation plus regulated supply. Comparable scale and integrated generation-distribution-supply structure in a neighboring SEE/EU market with similar regulatory dynamics.

Direct peers

• CEZ Distribution Bulgaria (ЧEЗ Разпределение България): Licensed DSO covering western Bulgaria under a parallel regulatory structure. Direct competitor with the same DSO + supplier-of-last-resort + free-market supply business model in a different region of the same country.
• EVN Bulgaria Electrodistribution: Austrian-owned DSO for southern Bulgaria. Operates the same vertically integrated electricity distribution + supply model under the same Bulgarian regulatory regime (KEVR) and serves as the third of Bulgaria's three licensed distribution operators.

Broad incumbents

• CEZ Group: Czech parent of CEZ Distribution Bulgaria. Large Central European incumbent with generation, distribution, and supply across multiple CEE countries—highly comparable operating model and footprint to ENERGO-PRO Group at a larger scale.
• Enel Group: Global multi-utility with significant European distribution assets and renewable generation. Comparable in its integrated utility model, network ownership, and green energy transition strategy across multiple European geographies.
• Bulgarian Energy Holding (BEH): State-owned Bulgarian energy holding with generation, transmission, and gas assets. Operates as the upstream counterpart to Energo-Pro's distribution/supply business and sets the broader dynamics of the Bulgarian electricity market.
• E.ON: Major European multi-utility with regulated distribution networks and energy supply across Germany, UK, and CEE. Comparable as a broad incumbent in the distribution-and-supply value chain, though at vastly greater scale and geographic breadth.
• Iberdrola: Global renewable-heavy utility with regulated networks and supply businesses. Comparable for its integrated utility model with strong emphasis on green energy certification and renewables—a strategic reference point for Energo-Pro's green energy expansion.

Others

• Electrodistribution North AD (historic): Predecessor entity to ERP Sever in the same service territory; included as a structural/historical reference for the regional distribution license rather than as an active operating peer today.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/energo-pro-in-bulgaria-group-of-companies

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Energo Pro Varna