Units 5 and 6 of the Kozloduy Nuclear Power Plant Get a €25 Million Maintenance Contract from Framatom Bulgaria
21 Oct 2025
Framatom Bulgaria EOOD has been given a €24.97 million contract by Kozloduy NPP EAD, Bulgaria's top nuclear plant, to perform technical maintenance on the systems and equipment at Units 5 and 6 of the Kozloduy Nuclear Power Plant (NPP). Signed on August 1, 2025, the three-year contract includes technological updates, spare parts supply, modernisation, and preventative maintenance for equipment that was initially produced by Siemens AG and AREVA NP GmbH. On August 8, 2025, the procurement was formally published in the EU Official Journal S 151/2025.Providing Safety and Dependability at Bulgaria's Most Important Energy AssetThe awarded contract, which is worth €24,968,864 (VAT excluded), intends to maintain the safety and operational dependability of Kozloduy NPP's high-voltage switchgear and controlgear systems, which are essential to the production of power in Bulgaria and the stability of the grid. Preventive and corrective maintenance, diagnostics, hardware and software updates, and specialised personnel training are all part of the project. Work will be done at the Kozloduy location in Vratsa Province (BG313) over the 36-month contract period. In accordance with EU Directive 2014/25/EU, the procurement was carried out through a negotiated process with previous publication. The lowest price criterion was used for selection, with a focus on cost-effectiveness for Bulgaria's public energy infrastructure.Framatome Bulgaria Heads a Robust Group of Sector ExpertsMajor European and regional energy engineering firms will be among the 15 subcontractors in the consortium led by Sofia-based Framatom Bulgaria EOOD. Important partners consist of:Modernisation and service provided by Framatom GmbH (Germany) (22%).Power systems servicing and delivery from Gutor Electronic Ltd. (Switzerland) (20%)Systems maintenance at Siemens Energy EOOD (Bulgaria) (10%)System services provided by Hitachi Energy Czech Republic s.r.o. (6%)Energomontazh-MK, Lead Vision EOOD, and Electrical Systems EOOD EOOD: design and upkeep tasksTogether, these businesses will manage about 85% of the subcontracted work, guaranteeing continuity with the original equipment manufacturers and strong technical standards.Strategic Significance for the Energy Stability of BulgariaSince more than one-third of Bulgaria's electricity is produced by the country's sole nuclear power station, Kozloduy NPP, this maintenance contract is strategically important for both EU grid resilience and national energy security. The project serves Bulgaria's long-term objective of secure and sustainable energy production while guaranteeing adherence to international nuclear safety requirements by enlisting leading European nuclear and electrical engineering firms. Despite not being funded by EU funding, the project supports competition and openness in public procurement by adhering to the Government Procurement Agreement (GPA).Framatome Bulgaria: An Important Aspect of Nuclear UpkeepA division of the international Framatome Group, Framatome Bulgaria EOOD focuses on nuclear systems engineering, component modernisation, and solutions for plant life extension. The company's participation supports the Kozloduy NPP's continuous modernisation effort and enhances Bulgaria's domestic nuclear expertise.In conclusion, Bulgaria's energy future is strengthenedFramatome Bulgaria's award of the Kozloduy NPP maintenance contract demonstrates Bulgaria's dedication to ensuring the efficient, safe, and dependable functioning of its nuclear infrastructure. At one of the most important energy assets in Southeast Europe, improved operational performance and technical resilience are anticipated as a result of the cooperation between local and foreign partners over the course of the next three years.Tags:# Bulgaria, # Bulgaria energy news, #Kozloduy NPP, #nuclear power plant maintenance, # Framatome Bulgaria, #government contracts, #contract award, #tenders Bulgaria, #procurement news, #tender results, #energy infrastructure, #repair and maintenance services, #Siemens Energy, #Hitachi Energy, #AREVA NP GmbH, #EU procurement, #Vratsa region
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Bulgaria Awards EUR 40 Million Entrepreneurship Growth Fund Contract to Bayena Ventures
21 Oct 2025
Bayena Ventures AD was given the contract to implement the Entrepreneurship Growth Fund by the Fund Manager of Financial Instruments in Bulgaria (FMFIB), which is a major step to support corporate financing and venture capital development. Part of the Competitiveness and Innovation in Enterprises Program 2021-2027, the decision was formally announced on September 18, 2025, and involves EUR 40 million in public funds.Details and Scope of the ContractThe granted contract, which focuses on the creation and administration of an Alternative Investment Fund (AIF), is classified as corporate finance and venture capital services (CPV 66122000). As the financial intermediary, Bayena Ventures AD will be in charge of creating and carrying out investment plans to transfer money to final beneficiaries via suitable instruments. The contract, which is part of the larger EUR 40 million fund, is scheduled for 156 months and is anticipated to be worth EUR 6 million (VAT excluded) for the intermediary services.Organisations Taking PartA negotiated procurement process with prior publication was carried out by the procuring body, the FMFIB, a public law organisation devoted to economic matters. A competitive review based on experience, managerial strategy, and financial analysis precedes the award. Ten electronic tenders were submitted for the contract, and the highest-ranked bidder was Bayena Ventures AD. Aspects of evaluation and compliance were supervised by the Competition Protection Commission.Importance of the AgreementBy offering early-stage and growth-orientated businesses structured financial support, this programme seeks to improve Bulgaria's entrepreneurial ecosystem. Along with the Early Stage Fund and Venture Capital Fund, the Entrepreneurship Growth Fund is a component of a three-fund system that aims to boost innovation, encourage investment, and increase the nation's competitiveness in the corporate finance and venture capital industries.Technical Specifications and Contract ImplementationThe agreement states that Bayena Ventures will create an AIF in a jurisdiction of its choosing while guaranteeing adherence to EU Green Public Procurement standards. Three indicators – experience, management plan, and financial assessment – were given a maximum of 100 points each as part of the evaluation approach, which used a quality-price ratio.ConclusionIn Bulgaria's continuous efforts to improve its entrepreneurial financial environment, the contract award is a calculated move. The fund is anticipated to boost investor trust, assist creative businesses nationwide, and maybe open the door for further fundraising rounds under the Competitiveness and Innovation in Enterprises Program 2021-2027 as Bayena Ventures gets started.Tags:# Bulgaria, #Bayena Ventures AD, #Entrepreneurship Growth Fund, #corporate finance, #venture capital, #government contracts, #public procurement, #EU funds, #awarded tenders, #FMFIB, #business news, #investment funds
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