Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria, Romania Set Stage for Massive Danube Hydro-Energy Projects
BULGARIA, ROMANIA SET STAGE FOR MASSIVE DANUBE HYDRO-ENERGY PROJECTS
Date: 18/07/2011
Source: novinite.com
Bulgaria, Romania Set Stage for Massive Danube Hydro-Energy Projects

Bulgaria and Romania's economy ministers have discussed two large-scale hydro-energy projects on the Danube, whose future realization is said to harbor great economic potential.

Bulgaria's Minister of Economy, Energy, and Tourism Traicho Traikov was received Monday in Bucharest by his counterpart, Romania's Minister of Economy, Commerce, and Business Environment Ion Ariton.

After Traikov and Ariton's meeting, Bulgaria's Economy Ministry has announced that in September 2011, the governments of Bulgaria and Romania are going to sign a Memorandum for preparations for the realization of the two projects.

The Danube hydro-energy projects in question are between Bulgaria's Nikopol and Romania's Turnu Magurele and Bulgaria's Silistra and Romania's Calarasi.

According to the Bulgarian Economy Ministry, when constructed, these hydro power facilities "will produce a total of over 3 800 GW/h of electricity per year, will improve the transport connections, and the bilateral trade."

Bulgaria and Romania have long mulled joint hydro power cascades on the Danube as well as building more Danube bridges in addition to the existing Danube Bridge 1 at Ruse-Giurgiu and Danube Bridge 2 at Vidin-Calafat, which is still under construction. There have been discussions of combining the future bridges and hydro-power plants.

It is still unclear if the announcement made after Traikov and Ariton's meeting on Monday can be construed as an indication that Bulgaria and Romania will build two more bridges at Nikopol-Turnu Magurele and Silistra-Calarasi.


Topic: Investments



Featured District
TARGOVISHTE DISTRICT AND CITY INFORMATIONTargovishte
Invest Bulgaria Charts
Private Sector External Debt of Bulgaria
Private Sector External Debt of Bulgaria

Net Foreign Assets of Bulgaria
Net Foreign Assets of Bulgaria

See all charts
Did You Know?
Bulgarian Tourism Sector
Bulgarian Tourism Sector
The number of tourists visiting Bulgaria has more than doubled during the last 5 years. ... More

The village of Shiroka Luka lies at 1,206 m above sea level, in the central Rhodope Mountains, 20 km north-west of Smolyan. Siroka Luka is famous for its authentic Rhodopean architecture and for the kaba gaida - a local type of bagpipe used in Bulgarian folklore music.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2025 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works,. Maintained by Website Maintenance, the kings of Website Migration. Supported by WorldStreet


Our Featured Members