Finnish Fortum Committed to Just 1% of Bulgarian Belene NPP

Business » ENERGY | November 30, 2010, Tuesday // 21:07| Views: | Comments: 0
  • Send to Kindle
Bulgaria: Finnish Fortum Committed to Just 1% of Bulgarian Belene NPP

At the time being Finnish energy company Fortum is only committed to 1% of the project company for Bulgarian Belene NPP, Fortum Executive Vice President Anne Brunila told Novinite.com (Sofia News Agency).

The contract for creating a Belene project company was sealed Tuesday evening by the Bulgarian National Electric Company (NEK), Russian Rosatom, Finnish Fortum, and French Altran Technologies.

Bulgarian media had published information that Fortum is considering the opportunity to up it share to 25%.

Speaking to this site, Fortum VP Brunila stated that the memorandum concluded in Sofia Tuesday evening is for a 1% participation in Belene, and for the time being Fortum is not considering upping it share.

The proposal for a larger participation from the Finnish company comes from the Bulgarian side, according to the Fortum senior executive.

Fortum is interested in participating in the project with its knowledge in nuclear technology and safety, said Brunila.

She underscored that the memorandum signed in Sofia is only the start of development on the Belene NPP project.

Energy » Be a reporter: Write and send your article
Tags: Belene NPP, Fortum, Rosatom, NEK, Altran Technologies
Expats.bg All Are Welcome! Join Now!
Advertisement
Advertisement
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria