Bulgaria set obligatory terms in the offer for selection of strategic investor for construction of a second nuclear power plant in Belene, which was published in the Official Journal of the European Union. Firstly, the National Energy Company, which enters the future joint venture with an in-kind contribution consisting of its assets (the construction ground and the nuclear reactors) will have a blocking quota during the construction and the exploitation of the nuclear power plant. Secondly, no contract for purchase of electricity with state guarantee or other non-market mechanisms to guarantee the investments will be signed. According to another condition, the construction deadline of the project is 10 years and the price of the investment cannot exceed EUR 10 billion. Local companies must be also able to participate at the fulfillment of the project, one of the terms read.
Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe , President Rumen Radev said on Thursday. He..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an open-source AI model that gives industrial robots 3D spatial intelligence . The technology is..
To Lam, the General Secretary of the Communist Party of Vietnam, is on an official visit to Bulgaria. He was welcomed at a ceremony in St. Alexander Nevsky Square by President Rumen Radev and his wife, Desislava Radeva, as reported by the Bulgarian..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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