November 20 (SeeNews) - State-owned Bulgarian Energy Holding (BEH) said on Tuesday it has appointed Nasko Mihov as new CEO and member of the board of directors of Kozloduy nuclear power plant (NPP), replacing Ivan Andreev.
Andreev has asked to step down from the post for health reasons, BEH said in a statement.
According to the statement, Mihov has 16 years of experience at Kozloduy NPP and has worked for two years at state-run company Radioactive Waste, BEH said without elaborating.
Kozloduy NPP’s net profit grew to 169.7 million levs ($99.1 million/86.8 million euro) in the first nine months of 2018 from 101.5 million levs the year before, following a 21.8% annual increase in total revenue. The plant's gross electricity production increased by an annual 3.8% to 12,075,112 MWh in the review period. Electricity sales grew 4.1% year-on-year to 11,459,436 MWh in January-September.
BEH is the holding company for a group of Bulgarian state-owned companies which are engaged in electricity generation, supply and transmission, natural gas transmission, supply and storage and coal mining.
(1 euro = 1.95583 levs)
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