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Energoatom and Hyundai enhance cooperation in nuclear field

Within the framework of the World Nuclear Exhibition 2023, Petro Kotin, President of SE "NNEGC "Energoatom", and Hyundai E&C President Young-Joon Yoon signed an agreement of intent outlining future opportunities for cooperation between leading companies in the nuclear industry.

According to the document, the parties declared their intention to conclude a Memorandum of Understanding on partnership in areas of mutual interest. These include, in particular, support for the implementation of new NPP projects in Ukraine with high-power and low-power PWR reactors, as well as the study of funding opportunities for the deployment of new nuclear facilities, etc.

"Ukraine has ambitious goals for the development of the power sector. Therefore, despite the wartime situation, we continue to deepen cooperation with leading companies in the nuclear field. And the signed document is another step towards implementing the plans," Petro Kotin said.

Additionally, in the years ahead, the companies will be able to jointly conduct research and development in the field of industrial standards and regulatory requirements, as well as exchange technical knowledge and best practices.

The next step in strengthening cooperation should be signing the corresponding Memorandum.