China is interested in hydro projects in Bulgaria

On 22 June 2012, representatives of the Chinese company Sinohydro Group visited BCCI and met with the President of the Chamber and their Bulgarian colleagues working in the field of hydro power. 

Lv Liushan, General Manager of the company briefly presented its activity. Established in 1950, Sinohydro Group is the largest organization developing hydro projects in China. The company works in 4 fields – design and construction of hydro power facilities, installation of hydro power plants, construction of infrastructure, investments in the field of hydro power. Currently the company is implementing 400 projects in 60 countries worth a total of USD 30 billion.

BCCI’s President Tsvetan Simeonov introduced the guests to the business conditions in our country and offered Sinohydro assistance for finding partners and projects in Bulgaria. The company seeks to start business in Europe and already has some experience in Serbia and Poland. 

Mr. Eugeni Stantchev, Director of Business Development of Vaptech Ltd. and Dimitar Popov, Executive Director of Sweco Energoproekt also took part in the meeting. The two companies presented the hydro power sector and planned projects in Bulgaria and offered their expertise and help to the Chinese partners.