Szijjártó: Paks Upgrade Hungary’s ‘Largest Ever’ Development Project
- 2 Jun 2017 8:50 AM
He noted that Russia’s Rosatom, the project partner, on Wednesday called a tender for a 770 million euro contract to supply turbines for the new blocks.
Szijjártó noted he had held bilateral talks during the day with the head of Rosatom and the CEO of gas company Gazprom, as well as with Russia’s Minister of Industry and Trade Denis Manturov and Minister of Energy Alexandr Novak.
He said it was “good news” that Hungarian- Russian economic cooperation had “started to flourish again” after a period during which Hungarian companies suffered losses of billions of dollars due to EU sanctions imposed on Russia.
Szijártó noted that bilateral trade increased by 46.2% in the first quarter of 2017 with a volume totalling 1.4 billion dollars. Hungary’s exports to Russia went up by 27.8% to 500 million dollars in the period, he said.
Republished with permission of Hungary Matters, MTI’s daily newsletter.
MTI photo: KKM / Szabó Árpád
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