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Bulgaria names new nuclear chief after tender scandal

by Staff Writers
Sofia (AFP) Aug 25, 2009
Bulgaria appointed a new chief executive of its only nuclear power plant on Tuesday after his predecessor was forced to quit amid a pricing scandal, the government announced.

Economy and energy minister Traicho Traikov said Dimitar Angelov would take over as head of the Kozloduy plant although his appointment will have to rubberstamped by the state-owned Bulgarian Energy Holding's board of directors.

Angelov will succeed Ivan Genov who tabled his resignation on Monday, days after Traikov had gone public with accusations that the state had lost on large amounts of money as Kozoloduy had failed to set up a transparent tender process for companies wishing to buy some of its excess production.

Bulgarian Energy Holding also sacked this week two of the directors of the National Electricity Company over their failure to implement cost-cutting measures.

Bulgaria's new centre-right government, which is severely strapped for cash, has made tackling corruption one of its chief goals after the European Union froze millions of euros in aid over the country's failure to reduced graft.

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Ecuador, Russia sign nuclear energy agreement
Quito (AFP) Aug 20, 2009
Ecuador's energy minister on Thursday announced that Quito has signed an agreement with Moscow to develop nuclear energy "with solely peaceful purposes." The agreement with Russia's state-run Atomic Energy Corporation is to work jointly to find "technology and nuclear applications that can be viable" in Ecuador, the ministry said in a statement. Russia will provide support and advice to ... read more







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