Hyundai Engineering & Construction (Hyundai E&C) is moving closer to securing a foothold in the European nuclear power market following a recent high-level meeting at its Seoul headquarters with Bulgarian Minister of Energy Vladimir Malinov. The discussions focused on the ongoing Kozloduy nuclear power plant project and potential collaborations in Bulgaria’s infrastructure sector.
The meeting, attended by top officials from both countries, solidified plans for an engineering contract set to be signed in October. This comes after Hyundai E&C emerged as the sole company to pass the stringent pre-qualification process for the Kozloduy project, highlighting the firm’s technical expertise and financial stability.
Hyundai E&C has been proactive in its localization strategy, hosting a nuclear power plant roadshow in Sofia earlier this year. The event served as a platform to forge relationships with key Bulgarian stakeholders and local businesses. These efforts underline the company’s commitment to not only completing the Kozloduy project but also expanding its influence across Europe’s energy infrastructure sector.
As Hyundai E&C prepares to enter the European market, the company aims to leverage its international certifications and comprehensive nuclear power plant solutions to secure additional projects in the region. The partnership with Bulgaria marks a significant step in these broader ambitions.
