CEO of Bulgaria's Kozloduy Nuclear Plant Replaced

Business » ENERGY | July 5, 2016, Tuesday // 14:11
Bulgaria: CEO of Bulgaria's Kozloduy Nuclear Plant Replaced File photo, BGNES

The chief executive of Kozloduy Nuclear Power Plant (NPP), Dimitar Angelov, has been dismissed.

The decision was taken by the Board of Directors at the the Bulgarian Energy Holding (BEH), the entity bringing together state-owned energy assets, BEH's own website says.

Ivan Andreev, who was deputy to Angelov, has taken over.

BEH cites the fact that Angelov's term expired on July 03 (the latter assumed office in September 2014).

But the development comes days after allegations from Georgi Kadiev, a former socialist lawmaker who recently set up his own party, that Angelov was tangled in corruption practices, inflating prices for repair works at Kozloduy NPP and having set up a Seychelles-based offshore company.

Angelov, who also headed the nuclear plant in 2008-2009, has not yet commented.

His successor's experience at Kozloduy NPP dates back to 1990. Andreev has been one of the deputies to Angelov since October 2014.

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Tags: Dimitar Angelov, Ivan Andreev, Kozloduy NPP, nuclear plant, Bulgarian Energy Holding, BEH
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