Ukrainian Community and Businesses Unite to Create Cultural Mural in Varna, Bulgaria
In Varna, Ukrainian business leaders and the diaspora have joined forces to create an ethnic mural celebrating the Day of Courage and the Bulgarian Army
Bulgaria is set to become the first European country to operate an AP1000 reactor, according to Energy Minister Zhecho Stankov, speaking at a symposium hosted by Westinghouse in Sofia. He confirmed that the country has already secured an approved site and an Environmental Impact Assessment (EIA) for the project, and is currently working on financing options and coordination with the European Commission.
Minister Stankov also revealed that he recently had a conversation with U.S. Secretary of Energy Chris Wright about potential investment opportunities for the Kozloduy Nuclear Power Plant. He emphasized that Bulgaria must maximize its involvement in projects like the construction of Units Seven and Eight at Kozloduy, advocating for the participation of Bulgarian companies in the development.
The Minister praised the signing of several memorandums that would allow Bulgarian companies to engage in what he described as one of the largest projects of this decade, if not longer. He noted that the construction of the new units will also create opportunities for the return of Bulgarian experts with international experience.
Stankov stated that, at peak construction times, around 10,000 workers will be involved in the project.
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price in Bulgaria for May
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase