Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Hyundai fears unfair competition in the construction of units 7 and 8 of Kozloduy NPP

Photo: Korea Times

Bulgaria’s Parliament rejected a proposal for consideration of a draft decision for the construction of new capacities at the Kozloduy nuclear power plant. MP Delyan Dobrev, Chairman of the National Assembly Energy Committee, asked the parliament to consider the draft decision which had already been approved by the Parliamentary Committee on Energy and the Parliamentary Committee on Environment and Water. However, it was rejected by the plenary with 102 votes in favour, 61 against and 51 abstentions. BTA reports.

The draft decision envisages that NPP Kozloduy - New Capacities start, conduct and conclude negotiations with Hyundai for the construction of Units 7 and 8 in Kozloduy NPP. Hyundai was shortlisted to build Units 7 and 8 at Kyzluduy NPP in competition with 2 American and 2 Chinese companies. The parliamentary committees rejected the proposal to invite the US company Bechtel for negotiations.

Hyundai fears unfair competition from some of its competitors in the construction of units 7 and 8 of the Kozloduy NPP using Westinghouse's AP1000 technology. The company emphasizes that it will cooperate with the South Korean embassy in Sofia to overcome the difficulties. Hyundai's position was published by the South Korean embassy in Bulgaria, BGNES reported.




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

At the beginning of 2024 economy reports weak growth with a drop in imports and exports

In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..

published on 6/7/24 11:59 AM

High number of unemployed youth and people who do not study troubles Bulgarian labor market

The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..

published on 6/4/24 5:44 PM

Number of declared private Bulgarian properties abroad is growing

Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..

published on 6/3/24 1:22 PM