Finland terminated the contract with Russia for the construction of a nuclear power plant

The Finnish company Fennovoima Oy terminated the agreement with the Russian company RAOS Project (the Finnish representative office of Rosatom) on the construction of the Hanhikivi-1 nuclear power plant. It was planned to invest from 7 to 7,5 billion euros in the construction of the facility, 5 billion of which was to be provided by the Russian side.

The Finns name the main reason for curtailing the project as a violation of the supply chains for the construction of nuclear power plants associated with the Russian special operation in Ukraine.

The decision to terminate the EPC contract with the RAOS Project was not an easy one. In such a large project, there are significant complexities, and decisions are made only after careful consideration. We are fully aware of the negative impacts and are doing our best to mitigate them.

- stressed the chairman of the board of Fennovoim Esa Härmäl, as stated on the company's website.

The Hanhikivi single-unit nuclear power plant was planned to be built in the northern part of the country according to the Russian Technology VVER-1200. The power unit of the facility was supposed to generate power up to 1,2 GW.

Fennovoima Oy filed an application for a construction license with the Finnish authorities back in 2015, the issuance of the document was planned for the second half of 2022. The construction of the nuclear power plant was supposed to start in 2023, and to be completed in 2029.
  • Photos used: Fennovoima/
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  1. Pivander Offline Pivander
    Pivander (Alex) 2 May 2022 13: 02
    There, and so they tightened it thoroughly, which was clear - and without specials. operations, the Finns did not want to build it.
  2. Vamp Offline Vamp
    Vamp (wamp) 2 May 2022 13: 16
    What to say to them in an era of energy crisis? They could stretch on firewood until the construction of this nuclear power plant. But the firewood will run out and all that remains is to roam south and watch "Ice Age XXX".
  3. skeptic Online skeptic
    skeptic 2 May 2022 14: 53
    Bidet promised all these European women, tasty "bones" of the territory of Russia. So they climb out of the skin, bring down their economies, in the hope of "super goodies".
  4. Joker62 Offline Joker62
    Joker62 (Ivan) 2 May 2022 15: 53
    And will Finland pay the penalty for breaking the contract with Russia ???
  5. tavia Offline tavia
    tavia (Tatyana) 2 May 2022 16: 06
    God took away from this contract! Contacting euro crooks is more expensive for yourself! Also invest 5 billion euros, so that later they were stolen??? Yes, to hell with them!
  6. Chater57 Offline Chater57
    Chater57 (Humpty Dumpty) 2 May 2022 16: 29
    Finland is not Italy, winters are much colder here. And Finland is 90% dependent on Russian gas, 80% on Russian electricity. And also the Saimaa Canal rents from Russia through which the entire south of Finland conducts maritime trade. Come on, Finns, join NATO as soon as possible - in winter you will receive this bouquet in full.
  7. 123 Offline 123
    123 (123) 2 May 2022 17: 21
    Such facilities are usually built in anticipation of an increase in electricity consumption.
    It turns out that the decision is correct, the prospects for the development of industry have become vague, and they will live on firewood. The shadow of deindustrialization covers Europe. And so it seems like a plausible pretext, the authorities in Brussels will not scold.
    In addition, the French seem to be finishing the 15-year epic with the construction of their nuclear power plant, now they have enough for their eyes.
    In general, this has been going on for a long time, Ukraine is just an excuse. After 2019, nothing has recovered.
    A year ago, they wrote that gasoline consumption in Europe fell due to the coronavirus, the Finns closed oil refineries. And the plebs were told that this is all a green future, and Putin himself is probably worried and does not sleep at night sobbing into his pillow crying , because they lose such a buyer, the Chinese did not stand nearby laughing

    In 2021, Russia accounted for 5,4% of total merchandise exports and 11,9% of imports.
    The volume of traffic at border crossings last year compared to 2019 was meager.

  8. 1_2 Offline 1_2
    1_2 (Ducks are flying) 2 May 2022 22: 44
    Well, the Russian Federation was lucky that it didn’t have time to get into trouble, as in Turkey, for 5 billion it’s better to build 6 multi-purpose nuclear submarines Yasen with Zirkonai