After years of neglected reforms in the Energy sector, Bulgaria is still in a process of harmonizing its local framework in line with the EU’s industry standards. Nevertheless, the country has recently experienced an unexpected boom of renewable energy investments.  Due to the regulatory regime a large part of the sector remains vertically integrated in a state-owned energy holding, which further results in a reduced market liquidity and pushed upwards generation costs. Even though, there are some international and local companies with successfully launched and expanding operations in the solar and renewable energy, heating and gas distribution water planting, etc. industries. 

With the initial steps in privatization of government-owned utilities, project finance and public private partnerships the Utility sector is creating a more positive background for business initiatives and new investors.  Furthermore, the fine-tuning of the regulation and compliance business setting is a strong accelerating factor for an innovation - and service excellence-driven behavior of the current players and the newcomers in the utility segment. 

Through the years the AIMS team was among the pioneers in supporting the organizational changes in the utility and energy sectors acting as the trusted partner for addressing talent acquisition & talent management related issues/projects for both the present players and  new investors.