Podcast in English
Text size
Bulgarian National Radio © 2024 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

Ursula von der Leyen mentions Bulgarian girl Debora on International Day for the Elimination of Violence against Women

Bulgarian Debora Mihaylova , who was brutally slashed with a mock knife by her boyfriend Georgi Georgiev , is one of the victims of violence mentioned by Ursula von der Leyen in her address on the occasion of the International Day for the Elimination of..

published on 11/25/24 5:09 PM
Rositsa Stelyanova

Bulgarian Industrial Capital Association demands a 3% increase in vocational classes

In a letter to Minister of Education Galin Tsokov, the Bulgarian Industrial Capital Association expresses concern over the state plan for admissions for the 2025-2026 academic year, in which the number of vocational classes in schools are being..

published on 11/25/24 4:29 PM

Prosecutor’s office is investigating Romanian citizens for illegal migrant trafficking

The Sofia City Prosecutor’s Office has initiated pre-trial proceedings regarding an organized criminal group for the trafficking of migrants, the prosecutor’s office has announced. Evidence was collected during the investigation regarding 16..

published on 11/25/24 2:51 PM