10 April 2017
Ali Akbar Salehi, head of the Atomic Energy Organization of Iran, and Zsolt Semjén, the Hungarian deputy prime minister, have signed a memorandum of understanding that includes collaboration between the two countries on designing small nuclear power plants as well as an €85 million investment by Hungarian banks in Iran. Reuters
reported that Hungarian Prime Minister Viktor Mihály Orbán's chief of staff, Janos Lazar, had told a news conference on 6 April the MOU concerned establishment of a small nuclear reactor for scientific-educational purposes.
06 March 2017
Hungary can start construction of new nuclear power units at Paks next year as planned, following European Commission approval of commitments it has made to limit distortions of competition. The Commission said today it had concluded that Hungary's financial support for the Paks II project involves state aid, but it could approve this support under EU state aid rules on the basis of these commitments.
Regulation and Safety
06 January 2017
The Hungarian National Atomic Energy Office has extended the operating licence of block 3 of the Paks Nuclear Power Plant by another 20 years, state news agency MTI
has reported. Meanwhile, the government plans to cut the capital increase earmarked for MVM Paks II nuclear power plant - the company responsible for expansion of the plant.