Hungary intends to continue to act as a platform for cooperation between Russia and Western countries in the field of nuclear energy. This was stated by the head of the Hungarian Foreign Ministry Peter Szijjarto.

According to him, during the construction of a new nuclear power plant in Hungary, where Rosatom plays a key role, contractors from Germany, the USA, France, Switzerland, Sweden and even Austria are also involved. This fact indicates that at the corporate level in the nuclear industry, common sense still prevails over political differences.

Szijjarto expressed hope that this state of affairs will continue in the future. He emphasized Hungary’s readiness to provide a platform for joint work of Russian, American, German, French and Swiss specialists in the field of nuclear energy.

At the end of 2014, Russia and Hungary signed an agreement on the construction of two new power units with VVER-1200 reactors at the Paks NPP. Russia will provide Hungary with a state loan of up to 10 billion euros, and the total cost of the Paks 2 project is estimated at 12.5 billion euros. The license for the construction of power units has already been issued. The start of work is expected at the end of 2024 – beginning of 2025.

The Paks nuclear power plant is located 100 km from Budapest and produces almost half of Hungary’s electricity. After the introduction of new blocks, this share is expected to double. For Hungary, nuclear energy is a key factor in energy security, the country’s leadership has repeatedly emphasized.

Atomexpo is the largest international forum on nuclear energy, where the current state of the global nuclear industry is discussed and trends for its further development are formed. Rosatom is the organizer of Atomexpo.