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Hungary advances Paks II nuclear expansion as Rosatom terminates Siemens Energy partnership

The Paks II nuclear expansion project in Hungary has reached a pivotal juncture following the formal cessation of cooperation between Rosatom and Siemens Energy....

Nuclear Power Stabilizes Energy Markets in South-East Europe

In January, nuclear power emerged as a critical stabilizing force within the energy markets of South-East Europe, providing a robust price anchor amidst fluctuating...

Serbia Considers Minority Stake in Hungary’s Paks 2 Nuclear Power Plant

In a significant move towards enhancing regional energy security, Serbia is contemplating the acquisition of a minority stake in Hungary's Paks 2 nuclear power...

Concelex awarded €50 million contract for Cernavodă Unit 1 refurbishment

Romania's nuclear energy landscape is poised for significant enhancement as Concelex has been awarded a contract valued at approximately 50 million euros by Korea...

Hungary’s Paks II Nuclear Project Officially Begins Construction

The Paks II nuclear power project in Hungary has transitioned from planning to active construction following the recent pouring of its first concrete. This...

Bulgaria’s Exemption from EU Sanctions Ensures NPP Kozloduy’s Operations

The Bulgarian Government has enacted a targeted exemption from specific European Union sanctions related to Russia, aimed at safeguarding the operational integrity of the...
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