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.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
+359 2 9336 661