Finland scraps nuclear plant deal with Russia ...News

Russia Today - Economy
Finland scraps nuclear plant deal with Russia
source : Russia Today ( News ) () 11
Work will be terminated with immediate effect Finnish group Fennovoima said on Monday it had canceled its contract with Russian state-owned nuclear power giant Rosatom to build a nuclear power plant. The planned Hanhikivi-1 site was commissioned by Finnish-Russian consortium Fennovoima, in which Finnish stakeholders own two-thirds, and the rest is held by Rosatom subsidiary RAOS. Cooperation with the RAOS Project has been “terminated with immediate effect” due to “significant delays during the last years” and “risks for the project” associated with the conflict in Ukraine which RAOS “has been unable to mitigate,”

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