Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

State to allocate money to EMO

THE STATE will allocate another €85 million for the completion of the third and fourth blocks of the nuclear power plant in Mochovce (EMO), based on an agreement between the shareholders of the owner of the plant, Slovenské Elektrárne (SE), the SITA newswire reported on January 21.

THE STATE will allocate another €85 million for the completion of the third and fourth blocks of the nuclear power plant in Mochovce (EMO), based on an agreement between the shareholders of the owner of the plant, Slovenské Elektrárne (SE), the SITA newswire reported on January 21.

The total cost to construct the two blocks will come to €3.8 billion, unlike the originally planned €2.8 billion. The SE shareholders, i.e. the Slovak state, which owns 34 percent, and Italian company Enel, with 66 percent, have already agreed to allocate €500 million. This means that the company still lacks some €400 million.

The completion of the third and fourth units at Mochovce was postponed from the end of 2012 and autumn 2013, respectively, to the end of 2014 and 2015. The two blocks should have an installed capacity of 1,000 MW.

SE began the completion of the two blocks on November 3, 2008. It officially signed the contracts in June 2009 with the main construction companies involved in the project: the Czech Škoda Jaderné Strojírenství, Atomstroyexport from Russia, Slovak firms VUJE, Enseco and Inžinierske Stavby Košice, and Italian firm Enel Ingegneria & Innovazione.

Top stories

Unknown places worth visiting in Slovakia Photo

The year 2016 brought record numbers for tourism in Slovakia.

Špania Dolina, the runner-up in the Village of the Year competition.

This is not a game, and these are not children

If politicians care about the future of the country, they need to offer young protesters with specific demands more than the just same old vague assurances.

Nu Dance festival changes date and the finale coincides with International Dance Day

The festival of contemporary dance has not just moved in time but also from the stage to the streets, encouraging public participation.

Renan Martins: Let Me Die in My Footsteps

(W)Rapping up two worlds in one music

The Fjúžn festival annually presents interesting musical projects from people who cross borders, literally or symbolically. This year, the headliner of the main festival concert on April 22 will be the French-Iraqi…

The Iraqi-French band Aiwa