Hungary is reviewing whether to replace Russia's Rosatom as main contractor for the Paks II nuclear expansion and has sounded out other contractors, Reuters reported citing two sources. The government of Peter Magyar expects a decision by late this year or early next year, and a source close to it said it leans toward expanding Paks while Rosatom should not take part. Ending the 12.5 billion euro contract, awarded in 2014 without a tender, would mean losing the 1.1 billion euros already paid plus possible penalties, after over 2 billion euros had been spent by the first concrete pour in February. Rosatom said it has received no official notice and is proceeding on the agreed schedule, while Politico reported the new unit's trial operation is not expected until the end of 2034, 2 years behind plan.
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Original headline: Đã chọn Nga làm dự án điện hạt nhân gần 13 tỷ euro, một nước châu Âu có ý 'quay xe' muốn tìm nhà thầu khác thay thế, chấp nhận chịu tiền phạt hợp đồng
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Related tickers and likely impact
EUR/USD
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/22/2026 | 1.12168 |
| Change that session | -0.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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