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Bulgarian, German firms form joint venture for nuclear power plant.

BBC Monitoring International Reports

| December 19, 2008 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report in English by Bulgarian national news agency BTA

Sofia, 19 December: Bulgaria's National Electric Company (NEK) and Germany's RWE Power AG signed an agreement on the establishment of the Belene Energy Company, a 51-49 joint venture for the implementation of the project to build and operate Bulgaria's second nuclear power plant.

In the presence of Bulgarian Prime Minister Sergey Stanishev and Economy and Energy Minister Peter Dimitrov, the document was signed for NEK by Chief Executive Director Lyubomif Velkov and Executive Director Mardik Papazian, and for RWE Power by the Executive Board member in charge of nuclear power plants, gas/hard …

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