Rosatom Releases Siemens Energy from Paks II Nuclear Contract

Russian state nuclear corporation Rosatom has confirmed that Siemens Energy has been released from its contractual obligations for the Paks II nuclear power plant in Hungary. This announcement was made on Tuesday.

Rosatom, which is spearheading the project, acknowledged that they are now actively considering various options to replace the Siemens equipment initially intended for the plant.

The decision highlights Rosatom's ongoing efforts to ensure the timely and successful completion of the Paks II nuclear initiative, which is significant for Hungary's energy landscape.