Tag: Paks

Contruction of NPP Paks upgrade site facilities started – Hungary, 21 June 2019

Hungarian Minister without portfolio, who is in charge of the project for the expansion of the country’s sole nuclear power plant Paks, Janos Suli announced that the construction of the first site buildings for the upgrade project has started. Minister Suli stressed that the new two reactors at N Full article available for subscribers of […]

NPP Paks recorded significantly higher profit in 2018 – Hungary, 31 May 2019

The turnover of the company which operates Hungary’s sole nuclear power plant Paks as part of state-owned Hungarian Electricity Works (MVM) increased by 2 % in 2018 and reached 530 million euros, mainly due to higher electricity prices. At the same time, operating profit of NPP Paks has more than Full article available for subscribers […]

Hungary paid Rosatom 30 million euros for NPP Paks project in March – Hungary, 14 May 2019

According to Hungarian media, the project company for the construction of two new units at nuclear power plant Paks has paid some 30 million euros in March to Russian company Rosatom, a contractor for the project. Data from the Government Debt Management Agency (AKK) show the state called down 24 Full article available for subscribers […]