News in English Siemens: Hungarian power industry to benefit from Paks II project

Siemens: Hungarian power industry to benefit from Paks II project

Gergő Panker | 2016.02.19 14:06

Siemens: Hungarian power industry to benefit from Paks II project

The development of the Paks II nuclear power station would allow the local power supplier industry to see a major expansion in Hungary, which similarly to the automotive industry could bring significant growth opportunities for the country´s economy, Árpád Goszták, economy director for Siemens Zrt. Power and Gas Zrt´s Budapest plant, said this week.

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Although there is little chance for relocating the complete manufacture of 1,200 MegaWatt turbines to Hungary, the development and production of components would be a viable option, he added.

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