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

Light rainfall is possible in southern Bulgaria, warming continues

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 they will drop to around 7°C. In the morning, visibility will be reduced in some low-lying areas..

published on 10/22/25 7:05 PM
Valérie Hayer

Renew Europe calls on the European Commission to urgently send a mission to Bulgaria

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 to assess the rule of law situation and to freeze all payments under the Recovery and..

published on 10/22/25 6:12 PM

Young doctors to receive long-awaited pay rise

“At coalition level, we have decided to meet the demands of young doctors regarding salary levels,” said Kostadin Angelov, chair of the parliamentary health committee, at a meeting of the panel, as reported by BNR's Mila Mladenova. Young doctors..

published on 10/22/25 4:55 PM