Independent Bulgarian Energy Exchange
Headquarters:19 Kniaz Aleksandar Dondukov Blvd., 1000 Sofia, Bulgaria
Location(s):Sofia, Bulgaria
Date of foundation:January 2014

Konstantin Konstantinov

Traded commodities and traded volumes in 2016:Day-ahead market: 2 515 807.7 MWh

CMBC: 570 053.00 MWh

Current number of employees (January 2017): 14
Annual report(s):IBEX 2016 Monthly Reports


IBEX was established in January 2014 as a fully-owned subsidiary of the Bulgarian Energy Holding EAD and holds a 10-year license (№ Л-422) by the Energy and Water Regulatory Commission to organise the Power Exchange for electricity in Bulgaria. IBEX signed a Service Agreement with Nord Pool AS on 21 April 2015 based on a thorough selection procedure and started its actual activity on 19 January 2016 – operating on the Bulgarian day-ahead market. Additionally, IBEX intents to organise a centralised market for long-term bilateral contracts in Bulgaria beginning starting from July 2016.

IBEX’s governance structure is represented by a Management Board consisting of three members, including the company’s CEO.

Member of the Europex General Assembly

Konstantin Konstantinov, CEO of IBEX

Europex contact person

Ekaterina Popovska, Manager Regulations

  • epopovska@ibex.bg


General contact details

  • „Българска Независима Енергийна Борса“ ЕАД

    19 Kniaz Aleksandar Dondukov Blvd.

    1000 Sofia


  • +359 2 902 01 20
  • +359 2 950 61 41
  • office@ibex.bg