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

More than 120 take part in the reenactment of the battle at Buzludzha

The last battle of the legendary Bulgarian voivode Hadji Dimitar and his men against the Ottoman troops in 1868 will be reenacted for the 11 th time, Nikolay Baynov from the National Association Tradition in Kazalnak told the BNR. More..

published on 7/19/25 9:10 AM

Weather forecast: Temperatures start to creep up over the weekend

On Saturday minimum temperatures will range between 10° C. and 19° C., for Sofia 10° C. During the day there will be sun with cumulus clouds after midday, and rain and thunder in some parts of the mountain regions of Southern Bulgaria. There will..

published on 7/18/25 6:35 PM

Minister of Energy Zhecho Stankov and Assistant Secretary for International Affairs at the U.S. Department of Energy Tommy Joyce (left to right).

The Energy Minister: The USA is a powerful ally on key regional projects.

A Bulgarian delegation led by Energy Minister Zhecho Stankov held a series of meetings with representatives of the US State Department and the Department of Energy in Washington . The discussions centred on strengthening the strategic partnership..

published on 7/18/25 6:16 PM