Sat, Jul 04 2009
Russia's Atomstroyexport, hired to build a new nuclear power capacity at the Danube town of Belene, should begin on July 30 to dismantle the equipment and other structures on the site of the project mothballed in the early 1990s, Bulgaria's Economy Ministry said.
The deadline is set in the building permit issued to the contractor by the regional development ministry.
The Russian company is in talks to hire a contractor to remove concrete structures on the site that need to be cleared away. Bulgaria's Enemona and Russia's Ovex are contesting the contract.
Bogomil Manchev, chief executive of Bulgarian company Risk Engineering, which is the project architect and engineer in partnership with UK firm Parsons, said that they will insist that Atomstroyexport adhere to a commitment to subcontract 30 per cent of the construction works to local companies.
A dozen Bulgarian companies have already been approved to receive subcontracts on the nuclear project.
Mobile operator Cosmote Romania agreed the acquisition of smaller local rival Zapp Mobile for 207 million euro on June 30, after months of negotiations.
The intergovernmental agreement for the Nabucco natural gas pipeline will be signed in Ankara on July 13, it emerged on July 3.
Bulgaria has low taxes, low labour costs and a lot of wind – a good combination for any company seeking to develop wind parks.
On June 5 2009, US ambassador Nancy McEldowney launched the first US-Bulgarian partnership dedicated to Information Technology and Innovation.
Bulgarian car parts manufacturers have been affected by the recession, but are optimistic about their future.