The Slovak government approved on August 19 an agreement to cooperate with Turkey in the energy sector, including developing nuclear projects, CTK news agency reported.
The agreement, aimed at supporting the participation of Slovak companies in energy projects in Turkey, envisages cooperation in thermal power, nuclear and hydropower projects, economy minister Tomas Malatinsky was cited as saying after a government meeting.
Turkey wants to build nuclear power plants over the next decade to cut reliance on costly imported oil and gas. Russia’s Rosatom is building the country’s first nuke plant that is expected to become operational in 2019. Earlier this year, Turkey has awarded a USD22bn deal to a Japanese-French consortium to build its second nuclear power plant.
Slovakia has two nuclear power plants (Jaslovske Bohunice and Mochovce) with two reactors each, which cover some 55% of the country’s overall electricity demand. It is building two new reactors at the Mochovce plant, which will have an installed capacity of 880MW. The government is also in talks with Rosatom on a potential cooperation in the construction of a new nuclear plant expected to have a combined output of 2,400MW.
The Polish grain market has been thrown into disarray by cheap Ukrainian grain that sent prices plummeting in April, causing Warsaw to impose a five-month ban, backed up by the European Commission. ... more
Metallurgical company OFZ plans to transfer part of its production from Slovakia to Uzbekistan, The Slovak Spectator has reported. The ferroalloy production company from Oravsky Podzamok has ... more
The European Bank for Reconstruction and Development (EBRD), the European Union, and ILX Management, an emerging market asset manager, have joined forces to enhance private-sector finance in Emerging ... more