Thursday, November 15, 2012

Russians, not Czechs might build new units in Bohunice

Czech newspaper Mlada fronta Dnes informed that energy giant CEZ is considering to sell their shares in Nuclear Energy Company of Slovakia (JESS), a joint venture created together with Slovak company JAVYS with the purpose to construct a new power plant in Jaslovske Bohunice. According to original plans of JESS the construction in Jaslovske Bohunice should start in 2014.

Russian company Rosatom has allegedly showed interest in buying the 49 % share.

The reason why CEZ is considering to sell is believed to be lack of funding for any other projects but construction of new units in Czech Temelin NPP.

If such transaction is carried out, Rosatom might get closer to a building contract for a new nuclear unit worth approximately 3 billion euro. The Russian company is also a supplier of reactors for two new units currently under construction in Mochovce NPP.

Winter sale

According to the newspaper´s sources CEZ expects to agree on the sale „during winter“. Their shares value is around 110 million euro.

Ladislav Kriz, spokeperson of CEZ, did not confirm neither disproved information about a possible sale. „Together with our Slovak partner JAVYS we continue in preparation activities according to the approved schedule,“ he said.

Ivan Dybov, spokeperson of Rosatom Overseas declined to comment. The Rosatom subsidiary has recently opened its office in Slovakia. The branch´s director Denisa Volekova previously worked in CEZ department of acquisitions and mergers.

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