Siemens Seeks to Join Belene N-plant Building

Business | September 30, 2004, Thursday // 00:00

German Siemens AG has declared willingness to take part in the construction of Bulgaria's second nuclear power plant.

The company is to send a letter of intention to prime minister Simeon Saxe-Coburg and declare its willingness to join the building of Belene, Stoyan Neshev, Executive Director of the company for Bulgaria, said.

Siemens already has experience in its record as it was one of the players in the modernization of Bulgaria's sole nuclear company Kozloduy.

Bulgaria has recently revived the plan to build a second nuclear power plant on the Danube river a decade after it was shelved amid protests from environmentalists.

The move came in response to the closure of two units at Kozloduy in 2002. The shut-down of the two oldest units came after many years of concern over their safety, strong pressure from the European Union, protests from the nuclear lobby and opposition parties that the reactors are economically necessary.

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