Iran, Hungary Agree to Collaborate on Small Reactors

April 10, 2017


World Nuclear News

Hungarian deputy prime minister Zsolt Semjen and the head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi have signed a memorandum of understanding that includes cooperation in building nuclear reactors and investment by Hungarian banks in Iran. Citing Hungary's experience with Russian VVER reactors, Salehi proposed a project with Hungary to design and develop a 25 MWe reactor and a 100 Mwe reactor. Hungary also established an 85 million euro credit line with Iran to facilitate bi-lateral cooperation and joint ventures.