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News // Politics

Vladimir Putin on a 2nd visit to Hungary this year

29 August 2017 , 10:10Neftegaz.RU331

Vladimir Putin visited Budapest on August 28, 2017, and opened the World Judo Championship. The invitation came from Prime Minister Viktor Orban.

 

The University of Debrecen awarded Putin with the title «Honorary Citizen» for the important role of the educational institution in the modernization of the Paks nuclear power plant, Hungary’s 1st and only atomic energy facility.

Under an intergovernmental agreement, the university trains specialists for work at the nuclear power plant.

 

Russian President Vladimir Putin says work on expanding Hungary's only nuclear power plant may begin early 2018.

 

Paks NPP, located in Paks, some 130 kilometers south of Budapest currently comprises 4 Russian-supplied VVER-440 pressurized water reactors, which started up between 1982 and 1987.

These units account for about half of Hungary's electricity production.
 

An inter-governmental agreement signed in early 2014 would see Russian enterprises and their international sub-contractors supply 2 new units at Paks - VVER-1200 reactors - as well as a Russian state loan of up to €10.0 billion ($11.2 billion) to finance 80% of the project.

 

Putin visited Budapest in January this year, and this is already his 2nd visit in the last 2 years.

The Hungarian Prime Minister Orban has gone to Russia 3 times since 2013. They met for 8th time.

 

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