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Hungary's New Government Questions Paks II Nuclear Project, Audit Dissatisfaction May Lead to Contractor Replacement

Hungary's New Government Questions Paks II Nuclear Project, Audit Dissatisfaction May Lead to Contractor Replacement

Hungary's new government (Prime Minister Péter Magyar) has continued to send unclear signals regarding the Paks II nuclear power plant expansion project contracted to Russia's Rosatom, bringing this major energy project involving the Russian state nuclear corporation back into the spotlight. The government is dissatisfied with the interim results of the contract audit and has hinted that Budapest does not rule out the possibility of replacing the contractor. The Paks II project was originally regarded as a key component of Hungary's long-term energy security strategy. Nuclear power holds fundamental significance for Hungary's electricity supply, and the expansion of the Paks nuclear plant was also seen as a measure to reduce energy import pressure and stabilize electricity prices.

2026-08-10

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