GE to maximize local suppliers in NPP Paks expansion project – Hungary, 21 March 2018

Speaking at the forum, organized by Hungarian Ministry of Foreign Affairs and Trade and the Ministry of National Economy, Vice President of General Electric (GE) Hungary Endre Ascsillan said that GE is counting on the greatest possible participation of local suppliers in implementation of the project, while noting that additional opportunities may also arise for Hungarian suppliers in nuclear projects elsewhere.
In January, Russian nuclear company Rosatom officially confirmed that GE Hungary, a local subsidiary of General Electric Europe, has won a tender for the supply of steam turbines for new reactors at Hungarian nuclear power plant Paks. Rosatom said earlier that it has accepted 793.8 million dollars worth offer of GE Hungary after the offer of the other bidder in the second round of the tender – Russian company Siloviyi Machini was discarded because its technical proposal did not comply with the tender documentation in several points.

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