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

Cabinet sitting, 29 January, 2025

Interdepartmental council to issue investment permits from non-EU countries

By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine the applications submitted for making foreign direct investments in Bulgaria by investors registered..

published on 1/29/25 2:06 PM

The British Embassy Sofia and the Presidency are once again looking for an ''Ambassador for a Day"

The initiative of the British Embassy Sofia ''Ambassador for a Day'' will be held for the eighth consecutive year under the auspices of Vice President Iliana Iotova, announced the press office of Bulgaria’s Head of State. The competition for..

published on 1/29/25 12:39 PM

The crew of the seized ship ''Vezhen'' has not been detained

''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the Swedish island of Gotland. An investigation is currently underway in Sweden. We do not have..

published on 1/29/25 12:24 PM