Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

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

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Christine Lagarde

ECB: Bulgaria is making progress in meeting the convergence criteria for the Eurozone

Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during her regular press conference. Christine Lagarde was asked to comment on the country’s..

published on 1/30/25 6:39 PM

Weather continues warm and foggy until midday with sun in the afternoon

On Friday there will be fog in the lowlands and valleys in the morning and until midday. Minimum temperatures 0-5° C., for Sofia around zero. During the day the clouds will begin to disperse and to scatter from the Southwest, and the weather will be..

published on 1/30/25 6:20 PM

Vazrazhdane to request that Finance Minister Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone

The MPs from Vazrazhdane party will request that Minister of Finance Temenuzhka Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone, announced the leader of the party, Kostadin Kostadinov. "We have inside information from..

published on 1/30/25 6:15 PM