Ukraine: Naftogaz and Swedfund sign memorandum to modernize CHPPs and develop renewable energy

Naftogaz Ukrainy NJSC and Swedfund International AB have signed a Memorandum of Understanding to establish cooperation in projects on the modernization of combined heat and power plants (CHPPs) and renewable energy development in Ukraine. The relevant statement was made by Naftogaz Group’s press service. “According to the document, Swedfund will provide grant financing through its…

Bulgaria: National Bank initiates trial minting of 8 million euro coins

The Bulgarian National Bank (BNB) has initiated a trial minting process for 8 million euro coins, as announced by the BNB Governor Dimitar Radev during a conference on the euro’s introduction. Additionally, Radev stated that euro banknotes tailored to local requirements were currently undergoing printing. Governor Radev provided further details, indicating that the total quantity…

Ukraine: Korea to help with construction of nuclear units and localization of equipment production

NNEGC Energoatom and Korean Hyundai Engineering and Construction Co., Ltd. have agreed to cooperate in the design, construction and commissioning of new nuclear power units in Ukraine. The relevant agreements were signed in the presence of Minister of Energy of Ukraine German Galushchenko and Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Ukraine…