Thursday, June 13, 2024
HomeNuclearEnergoatom and Hyundai E&C sign memorandum to build new nuclear facilities

Energoatom and Hyundai E&C sign memorandum to build new nuclear facilities

Ukraine’s nuclear company Energoatom signed a Memorandum of Cooperation with South Korean Hyundai E&C for the construction of new nuclear facilities in the country.

“It is important that, together with the Korean side, we sign this memorandum during the war and, without waiting for its end, we are moving forward. I am confident that together we will build the power industry in Ukraine that will meet the best global standards,” said the Minister of Energy of Ukraine, German Galushchenko.

“South Korea is one of the leaders in the nuclear industry; its specialists have great experience in providing expertise for nuclear facilities,” added the head of Energoatom, Petro Kotin. “[…]  It is interesting that the equipment we have purchased from our partners – Westinghouse – for the construction of new units at the Khmelnytsky NPP was manufactured with the support of South Korean specialists. Thus, we are actually working with South Korea in the nuclear power industry and we will only strengthen these activities.”

The Ambassador Extraordinary and Plenipotentiary of the Republic of Korea to Ukraine, Kim Hyung-Tae said that the South Korean government was working to help Ukraine overcome the energy crisis. He also added that the enhancement of the partnership between companies would promote the exchange of nuclear technology and experience between countries.

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