Westinghouse Electric Company
General Electric will tie its train engine division to the railroad equipment maker Wabtec in deal worth about $11 billion as GE CEO John Flannery continues to break off parts of the conglomerate.
US-based Westinghouse Electric Company said on Thursday it agreed to discuss a new timetable and structure of the project to build Unit 7 of Bulgaria's Kozloduy nuclear plant.
Westinghouse CEO Danny Roderick said the decision had been taken "jointly by all parties and reflects the present conditions in Bulgaria of support for an infrastructure project of such a scale."
A US delegation has arrived at the Bulgarian Energy Ministry for negotiations, the ministry has confirmed.
The "working visit", which will not be followed by a joint conference, comes just a day after Prime Minister Boyko Borisov put into question a joint project with US-based Westinghouse Electric Company.
Westinghouse Electric Company's fuel at the South Ukraine Nuclear Power Plant's Unit 3 has performed flawlessly over at least three nuclear cycles, the company has said in a statement.
Inspections at the Yuzhno-Ykrainskaya (South Ukraine) NPP included the examination of six Westinghouse fuel assemblies between February 15 and March 1 of this year.