Rosatom

The Ankara Chamber of Industry and several Russian institutions have signed a memorandum of understanding to cooperate in the training of workers for the construction of nuclear power facilities in southern Turkey.

Russia is "ready" to finance in full the expansion of Hungary's only nuclear plant, Russian president Vladimir Putin said on Feb. 2 in Budapest.

The original agreement signed between Hungary and Russia's Rosatom in 2014 involved an 80-percent loan of 10-billion-euro ($11-billion) from Moscow.

Russian energy giant Rosatom will ensure that reactors for the abandoned Belene nuclear power plant (NPP) will be properly stored after being received by Bulgaria, media outlets report.

Russian nuclear group Rosatom would be interested in taking an equity stake in French peer Areva if the French government allows it, a top Rosatom executive said on Dec. 27.

The arbitration suit which Rosatom won against Bulgaria has been pointed out as the greatest success of the Russian state corporation in 2016.

This is the conclusion of a comprehensive analysis of the Interfax agency according to which the biggest news is, undoubtedly, the withdrawal of the head of the company Sergey Kirienko and his acceptance of a job for the Kremlin.

Bugaria's state-owned electricity utility company has transferred the entire sum of its debt to Russia's Atomstroyexport owned over the Belene nuclear project, officials say.

The National Electricity Company (NEK) has paid off the amount through a transaction dated Thursday, Energy Minister Temenuzhka Petkova has told lawmakers at a Parliament Q&A session.

There are three potential investors in abandoned Belene nuclear power plant (NPP) project, outgoing Energy Minister Temenuzhka Petkova said on Wednesday.

Petkova told the Bulgarian National Radio the real investment interest would only be measured through a privatization procedure.

If a procedure to privatize the Belene nuclear power plant (NPP) project takes place, it will certainly be successful, Bulgarian Energy Minister Temenuzhka Petkova has said.

"We can only saw what the real investment interest is after a privatization procedure," Petkova has told the Bulgarian National Television in an interview.

Bulgaria could incorporate the reactors built for the abandoned Belene nuclear power plant (NPP) project into its existing plant, Energy Minister Temenuzhka Petkova has said.

Officials have discussed the prospect with representatives of Russian energy giant Rosatom, whose export arm, Atomstroyexport, made the reactors, Petkova has told private broadcaster bTV in an interview.

The Build, Operate, Own (BOO) model for nuclear power plants transfers all the different types of risks associated with the construction and operation of a nuclear power plant to the project company that owns and operates the plant. In the case of Akkuyu, the management of nuclear waste and the fuel spent are also the responsibilities of Rosatom, a Russian state-owned company.