Enel to build nuclear power plant in Bulgaria

Competition

Italy-based electricity company Enel has been short listed, along with five other firms, to take part in a joint venture to build an €7 billion nuclear power plant in Bulgaria, according to Thomson Financial.

The plant which will be equipped with two water-pressurized reactors with a capacity of 1,000MW each, will cost €4 billion to build, while related infrastructure work will amount to €3 billion.

The companies short listed include Enel, Electricite de France, Suez’s Electrabel, E.ON AG, RWE AG and CEZ. The participants have to present offers to buy a 49% stake in the Belene Power Company by September 24, 2007. The remaining 51% will be owned by Bulgarian electric utility Natsionalna Elektricheska Kompania EAD (NEK). (energy-business-review)

ADVERTISEMENT

Hungary Agricultural Output Value Grows by 6.5% Crops

Hungary Agricultural Output Value Grows by 6.5%

Hungarian-American Business Chamber Established in Chicago Int’l Relations

Hungarian-American Business Chamber Established in Chicago

Number of Registered Jobseekers Down 3% in November HR

Number of Registered Jobseekers Down 3% in November

Mulled Version of Belle-Vue Kriek Makes Debut at Advent Fair Drinks

Mulled Version of Belle-Vue Kriek Makes Debut at Advent Fair

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.