Text size

Bulgaria will take a loan from South Korea for the new Kozloduy NPP reactors

published on 9/3/24 2:41 PM

Photo: me.government.bg

The project to build the 7th and 8th units at the Kozloduy nuclear power plant is strategic for Bulgaria and Europe.

This was emphasized by the Caretaker Minister of Energy Vladimir Malinov during his visit to Seoul at the meeting with the management of Hyundai Engineering and Construction, which together with the US-based Westinghouse will build the two new units of the Kozloduy NPP.

Malinov and the management of the company promised each other that the two parties would make every effort to build the first AP 1000 reactor in Europe in Bulgaria. They promised a loan from the Korean Exim Bank to finance part of the project.

So far, Bulgaria has managed to negotiate a loan of USD 8 billion from the Export-Import Bank of the United States, according to Bulgaria's energy ministry.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Korea Kozloduy NPP nuclear power plant Vladimir Malinov

More from category

GERB: US policy may pose a risk to Bulgaria’s economy

GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..

published on 2/21/25 2:35 PM

Bulgaria should receive its second medical helicopter by the end of February

The second medical service helicopter purchased by Bulgaria has undergone flight tests in the presence of a Bulgarian commission visiting the base of the manufacturer Leonardo S.p.A . in Vergiate, Italy. The team is to carry out the so-called..

published on 2/21/25 1:33 PM

Parliament adopts declaration on non-participation of Bulgarian troops in Ukraine

The MPs from the 51 st National Assembly adopted a declaration on non-participation of Bulgarian troops in military activities on the territory of Ukraine. 166 voted “for”, 27 “against”, 11 abstained. The declaration was supported by all..

published on 2/21/25 1:16 PM