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WESTINGHOUSE ANNOUNCES AGREEMENT WITH UKRAINE'S TURBOATOM
U.S.-Ukraine Business Council (USUBC),
Wash, D.C., Tuesday, April 12, 2016
KYIV, Ukraine - Westinghouse Electric Company announced it has signed an important Memorandum of Understanding (MOU) with the Ukrainian company PJSC Turboatom to explore cooperation on increasing the capacity of Ukraine’s nuclear power plants and other similar units globally, according to a recent report from Westinghouse.
National Nuclear Energy Generating Company Energoatom (NNEGC Energoatom) is investigating how to improve the capacity of its VVER-1000 (V-320) reactors up to 110 percent of the nominal level. There are currently 13 1,000 MW (gross electrical capacity) VVER-1000 type reactors operating in Ukraine.
“This strategic cooperation with Turboatom is an excellent example of how Westinghouse is committed to providing its customer, Energoatom, with innovative technical solutions to further improve plant efficiency and safety,” said Aziz Dag, Westinghouse vice president and managing director, Northern Europe. “We also look forward to working with other local Ukrainian suppliers to support Energoatom’s capacity upgrade project.”
Energoatom President, Mr. Nedashkovsky, described the Memorandum of Understanding as an integral part of his company’s aim to fully exploit existing Ukrainian nuclear power electricity production, the backbone of the country’s energy system, which is currently underutilized but has a remarkable performance and technological potential to help strengthen Ukraine’s energy independence.
WESTINGHOUSE JOINT VENTURE IN KHARKIV FOR 20 YEARS
Westinghouse has been working in the Ukrainian market since 1992, and brings diversification of suppliers, global best practices and technology to the markets in Ukraine. Westinghouse began its work in the country through the supply of safety related upgrades to the country’s nuclear fleet in the mid-1990s. A subsequent establishment of a sizeable engineering center, combined with the transfer of technology and training of hundreds of Ukrainian nuclear specialists were later performed.
Westinghouse has a successful joint venture in Kharkiv for almost 20 years that currently has approximately 200 employees which are trained to European Union (EU) and U.S. standards but also are developing products which are tailored for Ukrainian and global markets.
NOTE: To learn more about Westinghouse Electric Company and their 130-year history of innovation visit www.westinghousenuclear.com.
USUBC NOTE: Westinghouse is a long-time member of the U.S.-Ukraine Business Council (USUBC), Wash, D.C. www.usubc.org. Michael Kirst, Vice President, Strategy and External Affairs, Europe, Middle East and Africa, Brussels, Belgium, is a long-time member of the USUBC Executive Committee and has been very active in developing Westinghouse's work in Ukraine for over 15 years.
NEWS: For the latest news about Ukraine go to the KYIV POST website: www.KyivPost.com.
The Kyiv Post of the ISTIL Group is a member of the U.S.-Ukraine Business Council (USUBC).
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