The Independent Bulgarian Energy Exchange is pleased to announce that in 2016, with the support and financing from the Bulgarian Energy Holding, the company will expand its portfolio of services with implementation of a centralized market for bilateral contracts, which will provide the market participants with new options for sale and purchase of electricity on long-term base. IBEX is a company that has been working for the liberalization of the electricity market and relies on transparency and equality as basic principles in its activities since its foundation. The main objectives set by the company are in the direction of development of the energy market through the introduction of mechanisms, principles and practices inherent to the developed European markets for electricity. With the introduction and operation of the centralized market for bilateral contracts, IBEX will make possible the trading with long, medium and short-term contracts, which will contribute transparency and equality of the electricity market on the Bulgarian market zone and also will give new trading opportunities for all market participants. In accordance with the foregoing, and for the achievement of the objectives the Bulgarian Energy Holding increased the fixed capital of IBEX with BGN 460 000, and the fixed capital of IBEX is already BGN 1 674 800.