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

Justice for All rallies against Chief Prosecutor selection process

The "Justice for All" initiative is organising a flashlights-lit protest this evening in front of Sofia Courthouse against the procedures for electing a Prosecutor General and a President of the Supreme Administrative Court, carried out by the Supreme..

published on 12/18/24 8:15 AM

Open-air ice rink opens in Burgas

A 400-square-meter ice rink opens in Troikata Square in the seaside city of Burgas at 6:30 p.m today. Organizers also offer the opportunity to use the services of an instructor who would guide people on how to safely skate on the ice...

published on 12/18/24 8:05 AM

Cool morning and a warm day for the season

On Wednesday , the lowest temperatures in Bulgaria will be between 0 and 5°C; in Sofia - about 0°C. Sunny weather will prevail during the day, with temporary increases in cloudiness in the afternoon. There will be moderate..

published on 12/17/24 6:50 PM