Westinghouse Signs Agreement with Technical University of Sofia

•  Prepares support for new and operating nuclear power plants

SOFIA, March. 4, 2014 -- Westinghouse Electric Company announced the signing of a bilateral cooperation agreement with the Technical University of Sofia (TU - Sofia), the largest technical university in Bulgaria. The agreement comes in preparation of the potential new reactor at Kozloduy Nuclear Power Plant utilizing the world’s most advanced design, AP1000® plant technology. The agreement will also help support the future needs of the recently established Westinghouse European Nuclear Information and Control Systems Center of Excellence in Sofia.

The agreement was signed in the presence of Professor Aneliya Klisarova, Bulgarian Minister of Education, Youth and Science at the TU - Sofia’s campus. The provisions of the agreement cover cooperation with several of the university’s faculties (power engineering and power machines, and automation) in disciplines that are of particular relevance to the construction of an AP1000 pressurized water reactor and advanced nuclear automation.

A new nuclear unit has a 60-year operating life. A cooperation agreement such as this will afford students the opportunity to be well prepared academically to directly participate in the future construction of an AP1000 nuclear power plant at Kozloduy, and support its operation for decades to come.

As part of this agreement, Technical University of Sofia will host a number of lectures and seminars that will be open to Bulgarian university students and other interested academic and technical stakeholders. Topics will include AP1000 reactor technology and will involve technical experts from Westinghouse. In addition, the agreement will provide a group of TU - Sofia students a unique opportunity to participate in Westinghouse’s internationally recognized summer internship program at various offices and facilities across the United States, including Westinghouse headquarters in Cranberry Township, Pa.

“Bulgaria has a long tradition of nuclear power and know-how, and this new agreement brings Westinghouse together with one of the country’s eminent technical institutions,” said Aziz Dag, Westinghouse vice president, Key Accounts EMEA. “We are pleased to establish a collaborative relationship which we believe will bring significant and lasting benefits to the Technical University of Sofia, as well as to Westinghouse.”

Marin Hristov, rector of the Technical University of Sofia said: “We are glad that TU - Sofia signed this agreement with one of the most technologically advanced companies in the world. We are confident that it will be fruitful for both sides, thus once again proved that the University works hard to promote good relationships with businesses, giving our students the unique opportunity to learn in practice the most modern technology developed to date.”

Westinghouse Electric Company, a group company of Toshiba Corporation (TKY:6502), is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first pressurized water reactor in 1957 in Shippingport, Pa., U.S. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants, including more than 50 percent of those in Europe. AP1000 is a trademark of Westinghouse Electric Company LLC. All rights reserved.