Paks generates almost 54% of Hungary's electricity

Recycling

Hungary's sole nuclear power plant in Paks reportedly generated 15,649 GWh of electricity last year, accounting for 53.6% of national output, CEO István Hamvas said today in Budapest.

By international comparison, the Paks nuclear power plant is in fact performing well, the CEO said, adding that three of the plant's blocks are among the top five VVER-440 type blocks.

The CEO added that the Paks plant had a revenue of HUF 172.9 bln in 2014, down by 6.8% from the previous year.

ADVERTISEMENT

Farm, food industry confidence improves slightly in Q2 Analysis

Farm, food industry confidence improves slightly in Q2

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.