Two-thirds of Paks construction could be allocated to local contractors

It is estimated that roughly two-thirds of the construction work required for the upgrade of Hungaryʼs Paks nuclear power plant could be carried out by local firms, Valerij Limarenko, president of general contractor NIAEP, a unit of Russiaʼs state-owned nuclear company Rosatom, told journalists in Minsk yesterday, Hungarian news agency MTI reported.

Based on Hungaryʼs agreement for the upgrade, locally contracted work must account for 40% of total project costs.

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