05.07.2018

JSC 'Turboatom' and Japanese Corporation Toshiba Energy Systems & Solutions signed a Memorandum of Understanding in the field of nuclear energy with contribution of SE NNEGC 'Energoatom'.

The document was signed in the Energoatom Central Office by Turboatom's General Director Victor Subotin as well as by Mr. Goro Yanase, Director, Vice President of Toshiba Energy Systems & Solutions Corporation in the presence of Energoatom's president Yurii Nedashkovskyi. The representatives of Japanese Embassy in Ukraine also participated in signing of the Memorandum.

The companies agreed on the beginning of cooperation aimed to realize projects of turbine equipment modernization of machine halls at NPPs. It is stated in the memorandum that cooperation between Turboatom and Toshiba will be based on high potential and great experience of both companies in developing and realizing new engineering and technical solutions in the field of nuclear energy.

While opening the ceremony of signing the memorandum, Energoatom's president Yurii Nedashkovskyi expresses his satisfaction regarding deeper cooperation of Ukraine's leading company with one of the world's leaders in the field of energy engineering. 'Energoatom supports cooperation between Turboatom and Toshiba. Our company realizes big programs of safety, reliability and effectiveness improvement of energy plants at Ukrainian NPPs and Turboatom is one of Energoatom's main partners in these projects. I am confident that cooperation of our partners Turboatom and Toshiba will contribute to development of energy engineering in Ukraine and consequently increase effectiveness of Ukraine's equipment modernization', said Yurii Nedashkovskyi.

The General Director of JSC 'Turboatom' Victor Subotin stated: 'The signing of this memorandum is a timely and important step towards establishment of real cooperation between the Ukrainian and the Japanese companies. The support from Energoatom's president Yuriy Nedashkovskyi is also really valuable to us. I hope that together with Toshiba in the nearest time we will decide on the priority projects and in September at the 10th International Economy Forum in Kharkiv we will be able to agree on a plan of cooperative actions'.

The Director, Vice-president of Toshiba Corporation thanked all the participants of the event and emphasized that: 'The signed Memorandum is a step that gives the possibility to contribute to increase of capacity of energy equipment for Ukrainian NPPs as well as for nuclear energy objects in other countries. I am really happy that Toshiba will contribute to making more complete decisions in the field of nuclear energy together with Turboatom due to the fact that our companies are leaders in NPP equipment manufacturing'.

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Turboatom PAT published this content on 05 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 July 2018 11:38:09 UTC