Korean, Czech companies strengthen cooperation

26 February 2019

South Korea's Kepco Engineering & Construction Company has signed an agreement with Czech engineering firm UJV Rez to strengthen their cooperation in nuclear power plant projects.

The signing of the MoU (Image: Kepco E&C)

Kepco E&C said it had already carried out many activities with UJV Rez, including hosting a nuclear technology exchange workshop. It said it hoped to establish more concrete cooperation with the Czech company through a memorandum of understanding (MoU) signed yesterday.

Under the MoU, the two companies will carry out mutual workforce and technology exchanges for research and development to bolster technical cooperation and joint business development. They will also expand technical cooperation for new nuclear power generation, as well as jointly develop new technology to enhance the safety of nuclear power plants.

Kepco E&C said, "Through this MoU, the company has established a practical cooperation system with UJV Rez in the field of nuclear power plant design and research, and has set up an opportunity for localisation in the future for new nuclear power plant orders."

The Korean company noted that it will acquire technology experience of the Russian VVER pressurised water reactors operating in the Czech Republic. For UJV Rez, there are expected to be opportunities for major equipment replacement orders from Korean nuclear power plants.

Kepco E&C - which built South Korea's fleet of 14 nuclear power plants - said it intends to further strengthen its cooperation with other Czech nuclear-related organisations.

Researched and written by World Nuclear News