Expats

Bulgaria Socialists Slam Quitting Belene N-Plant [Mar 28, 2012] Bulgaria's former energy minister, part of the previous Socialist-led coalition, has blasted the decision of the current center-right government to abandon plans for a second nuclear power plant in Belene. Bulgaria?s government announced on Wednesday it has abandoned plans to build a new, 2000 megawatt nuclear power plant on the Danube River for which it has contracted Russian state firm ... [via YahooNews] More >>

Bulgaria to Learn Next Gas Supply Tariffs in 2 Months [Feb 29, 2012] The Bulgarian government has started talks with Russian state-owned energy giant Gazprom for a reduction of prices stipulated in the existing gas supply contracts, according to Traicho Traikov, Minister of Economy, Energy and Tourism. Speaking after a Wednesday meeting with Alexei Miller, Chairman of the Board of Directors of Gazprom, Traikov explained that Bulgaria's current gas supply ... [via YahooNews] More >>

Bulgaria's Privatization Head Up in Defense of Bulgartabac's Sale [Aug 31, 2011] The sale of the Bulgarian state-owned tobacco company Bulgartabac to Russian state bank VTB is favorable for Bulgaria, according to the head of Bulgaria's Privatization Agency Emil Karanikolov. Karanikolov has defended in Parliament the decision made by his institution to approve the sale of Bulgartabac for EUR 100.1 M to BT Invest, a firm registered in Austria by the bank owned by the Russian ... [via YahooNews] More >>

Bulgaria Still Hopeful for Belene NPP despite Counter Suits with Russia [Aug 20, 2011] Even though it is tangled in counter-suits with Russia, Bulgaria's government still hopes that the talks for the Belene nuclear power plant project have a future, Mihail Andonov, head of the Bulgarian National Electric Company NEK has indicated. Andonov's milder statement comes a day after NEK declared that the Russian state company Atomstroyexport had failed to comply with the ultimatum issued ... [via YahooNews] More >>

Bulgaria Moves to Sue Russia as Belene NPP Ultimatum Expires [Aug 18, 2011] Russian state company Atomstroyexport has failed to comply with the ultimatum issued by Bulgaria's National Electric Company NEK, with the latter now moving to suit the former over unsettled equipment claims for the Belene NPP project. The new development comes in spite of the fact that last week Bulgaria and Russia started negotiations on their claims for one another over delayed payments for ... [via YahooNews] More >>

Bulgaria, Russia in New Clash over Nuclear Project Delay [Jun 24, 2011] Much to the surprise of the government in Sofia, Russia has announced it has not been informed of Bulgaria's decision to freeze Belene nuclear project for another three months as of July. "Rosatom has not received Bulgaria's proposal for freezing talks on Belene", the CEO of the Russian state company, contracted for the construction of the nuclear plant, Sergey Kirienko said in Moscow. The ... [via YahooNews] More >>

Rosatom Denies Holding Price Talks with Bulgaria over Belene NPP [Mar 13, 2011] Russian state nuclear corporation Rosatom has refuted a Bulgarian minister's statements that it is currently negotiating with Bulgaria over the price for the construction of the second Bulgarian nuclear power plant in Belene. "We would like to clarify that at present there are no official talks with Rosatom for the price of the Belene NPP project," Rosatom declared in a statement to the ... [via YahooNews] More >>

Atomstroyexport: No Comment on Belene NPP Dispute with Bulgaria [May 18, 2010] Russian state-owned company Atomstroyexport, which is supposed to construct Bulgarias second nuclear power plant at Belene, has failed to deny or confirm information that it has hired a US consultancy over possible future disputes with the Bulgarian government. [via YahooNews] More >>