Slovakia and Urenco sign enriched uranium supply contract

Monday, 28 July 2025

It follows an international tender launched last year aimed at diversifying Slovakia's supplies and strengthening its energy security.

Branislav Strýček, Chairman and CEO of Slovenské elektrárne, said: "We are pleased that through future cooperation with Urenco Group, we can diversify our business relationships. It will significantly help us continue maintaining the stable and secure operation of our nuclear power plants."

Urenco’s Chief Commercial Officer Laurent Odeh, said: "We are very proud at Urenco to be entering into a new market with a new customer, and I’d like to pay tribute to Slovenské elektrárne for placing their trust in us.

"Urenco is committed to supporting countries’ energy security by providing enrichment services to fuel clean, reliable nuclear energy. We are also deeply committed to helping our customers progress their net zero goals."

Background: A guide: Uranium and the nuclear fuel cycle

Slovakia has five operable nuclear reactors with a capacity of 2.3 GW, generating about half of its electricity. It has a fourth unit at the Mochovce nuclear power plant under construction.

Slovenske elektrárne said that in the nuclear fuel cycle uranium enrichment "is technologically and financially the most demanding phase ... therefore, access to reliable and diversified enrichment services is a strategic priority for every nuclear power plant operator".

Urenco, which is headquartered in the UK, has enrichment facilities in Germany, the Netherlands, the UK and the USA. It is one-third owned by the UK government, one-third by the Dutch government and one-third by the German utilities EOn and RWE AG. It was founded in 1970 following the signing of the Treaty of Almelo by the governments of Germany, the Netherlands and the UK.