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

Bulgarian books donated to the Library of the US Congress

The Director of the Agency for Bulgarians Abroad, Raina Mandzhukova, provided books free of charge for the fund of the Bulgarian Department in the Library of Congress in the US , the agency announced. The donation includes specialized literature for..

published on 1/30/25 12:02 PM

A boat processes the scene of the incident near Ronald Reagan National Airport, January 30, 2025

No reports of injured Bulgarian citizens in the plane crash in Washington

The Bulgarian Embassy in the USA has no reports about the presence of Bulgarian citizens on board the plane that crashed in Washington on the night of January 30, the Bulgarian Foreign Ministry announced. The Bulgarian diplomatic mission in..

published on 1/30/25 12:00 PM

Bulgarian authorities make efforts to establish a Tourist Guarantee Fund

Bulgaria's Minister of Tourism, Miroslav Borshosh, has held a series of meetings with business organizations in the tourism industry . The main topics of the talks were the need to introduce a Tourist Guarantee Fund, the fight against the gray sector..

published on 1/30/25 11:53 AM