- Rosatom, a Russian state nuclear corporation, is supplying equipment from its Atomash plant in Volgodonsk for Egypt's El Dabaa NPP project.
- Rosatom is building nuclear plants in Egypt and Hungary, with safety issues noted in Egypt.
European Commission Campaigns Against Rosatom's Nuclear Projects in Hungary
What happened
The Russian Foreign Intelligence Service reported that the leadership of the European Commission is driving an information campaign against Rosatom and the construction of the Paks-II Nuclear Power Plant in Hungary. The SVR stated that European Commission President Ursula von der Leyen has tasked her administration with forcing Hungary to abandon its peaceful nuclear energy cooperation with Rosatom.
From sputnikglobe.com
Why it matters
The campaign specifically targets the Paks-II project, a critical energy producer for Hungary. The SVR also reported that European bureaucrats openly admitted that Western manufacturers might be unable to compete fairly with Rosatom in the nuclear power plant market.
Rosatom is building nuclear plants in Hungary and Egypt, with safety issues having been noted in Egypt.
From sputnikglobe.com
Who's involved
- RosatomRussian state corporation involved in the nuclear power plant construction in Hungary.
- European CommissionExecutive branch of the European Union leading the campaign against Rosatom.
- HungaryCountry where Rosatom is constructing the Paks-II Nuclear Power Plant.
- Paks Nuclear Power PlantNuclear power plant project in Hungary targeted by the campaign.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MOL GroupSpeculative
The MOL Group might be forced to pivot away from Russian energy partnerships due to regulatory action.
Keep exploring
Part of
Rosatom is building nuclear plants in Egypt and Hungary, with safety issues noted in Egypt.Also in this story
All 3 developmentsThe entities involved
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Rosatom
Russian state corporation (a non-profit entity type) established in 2007
- Uzbekistan is seeking US technical assistance and tasking Rosatom with building a nuclear cluster, with oversight consortium formation announced.
- The article details multiple concurrent political and corporate investigations, including the EC's campaign against Rosatom in Hungary and an EPPO probe into Pfizer's Covid-19 procurement deal.
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European Commission
executive branch of the European Union
- Europe is exploring the economic potential of its space and navigation systems, including Galileo, with involvement from the European Commission and the European Investment Bank.
- The European Commission executes EU energy security policy amid rising costs driven by the Russia-Ukraine war and Strait of Hormuz closure.
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Hungary
country in Central Europe
Related events
- Rosatom, a Russian state corporation, is involved in an incident affecting European energy security due to aggression against ZNPP.
- Ukrainian authorities are worsening the situation related to Rosatom's involvement in the ZNPP incident.
- The European Commission accused Hungary of corruption and rule-of-law violations while the country negotiates the EU Migration Pact.