The Russian side is satisfied with the fulfilment of the repayment obligations by NEK AED in full and within the terms agreed upon by the parties under the settlement agreement signed between NEK AED and Atomstrojexport, JSC, on 26 October, 2016.

Since the announcement of the Arbitration award in June, 2016, the Bulgarian and Russian parties have been holding a constructive dialogue and have taken all the measures required to find the best way for the implementation of the Arbitration decision.

«During the whole period since the Arbitration award, the Bulgarian party has been demonstrating its good faith in dealing with the matter and has proven itself as a reliable business partner. Bulgaria and Russia have a long history of successful cooperation in the nuclear area and the settlement relating to Belene NPP according to the Arbitration award offers new prospects for the implementation of joint projects in future», noted Kirill Komarov, First Deputy CEO of Rosatom.

According to the Award made on 14 June, 2014, by the Court of Arbitration at the International Chamber of Commerce in Geneva, the debt of NEK EAD to Atomstrojexport, JSC, amounts to € 601 617 133.