Business
Rolls-Royce signs collaboration agreement with Hungarian nuclear plant
“We are pleased to work with MVM OVIT and explore the potential areas where we can work together to deliver world-leading I&C systems for the Paks nuclear power plant," Neil Parison, director of strategic nuclear accounts at Rolls-Royce, said.
Rolls-Royce’s nuclear division is currently modernising a range of safety-class I&C systems on the VVER-designed Loviisa nuclear reactors in Finland.
Paks currently comprises four Russian-supplied VVER-440 pressurized water reactors, which became operational between 1982 and 1987. These units account for about half of Hungary's electricity production. An inter-governmental agreement signed in early 2014 would see Russian enterprises and their international sub-contractors supply two new VVER-1200 reactor units at Paks.
Rolls-Royce’s nuclear division is currently modernising a range of safety-class I&C systems on the VVER-designed Loviisa nuclear reactors in Finland.
Paks currently comprises four Russian-supplied VVER-440 pressurized water reactors, which became operational between 1982 and 1987. These units account for about half of Hungary's electricity production. An inter-governmental agreement signed in early 2014 would see Russian enterprises and their international sub-contractors supply two new VVER-1200 reactor units at Paks.