Why Bulgaria is a Top Choice for New Businesses: Low Taxes and Qualified Labor
Bulgaria is emerging as a top destination for starting a new business, praised for its favorable conditions
Bulgaria will import parts and materials from Russia to ensure the safe operation of the Kozloduy NPP. At today's meeting, the government approved a derogation from the sanctions of the European Union, which prohibit the import of certain parts and materials from Russia because of the war in Ukraine.
This was announced by Energy Minister Rosen Hristov and he explained the decision of the Council of Ministers "to approve a derogation for the Kozloduy NPP to be able to buy the necessary materials, spare parts and services, so as to ensure the normally planned annual repairs and operation of the NPP".
"This is of critical importance for the security of the power plant. It is about materials, services and parts for which we have not yet found alternative suppliers. We are continuing the process of selecting new contractors so that in the long term we have absolute security," Hristov pointed out.
Bulgaria intends to stock up on materials for the Kozloduy NPP, for which it still cannot find alternative supplies, Hristov also said. Thus, in the coming years, the safe operation of our nuclear power plant and the country's energy security will be ensured.
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