The amendment to the loan agreement is approved

The Parliament approves the proposal to amend the loan agreement.

The HEA implementation license has been acquired

The Hungarian Energy and Public Utility Regulatory Authority issues the so-called electricity implementation license to Paks II. Ltd.

Construction of the Power Plant Investment Centre begins

With the handover of the area, the construction of the Power Plant Investment Centre starts.

The submission of the HEA implementation license application

The Company submits the application for the electricity implementation license to the Hungarian Energy and Public Utility Regulatory Authority.

The physical protection plan is submitted

Paks II. Ltd. submits the application for a facility-level physical protection license to the Hungarian Atomic Energy Authority.

Implementation licensing starts

Paks II. Ltd. submits the implementation license application to the Hungarian Atomic Energy Authority.

The Basic Design documentation is handed over

The Contractor handed over the Basic Design documentation of the new NPP units on time.

Construction starts at the construction and erection base

The implementation of the first buildings of the construction and erection base of Paks II. Nuclear Power Plant starts.

Paks II. Academy starts

The Company launches a higher education course, called Paks II. Academy, in cooperation with six universities.

The transformer station is finished

The 22/11 kV transformer station is finished, which provides electricity necessary for the construction and assembly works.

Appointing Pál Kovács

President János Áder appoints Pál Kovács State Secretary responsible for the maintenance of performance of the Paks Nuclear Power Plant with effect from 1 February 2019.

World premiere of The costs of decarbonization

The world premiere of the newest publication, The costs of decarbonization, of the Organisation for Economic Co-operation and Development Nuclear Energy Agency is held in Budapest.

The reference NPP unit is connected to the grid

The 1st unit of Leningrad II. is connected to the grid in Russia, which serves as a reference power unit for the Paks units.

International support

Following a meeting with the Director General of IAEA, János Süli announced the international organization will provide professional assistance to the project during its implementation.

The work area of the first facilities is handed over

Paks II. Ltd. officially hands over the work area to the main contractor, ASE Engineering Company belonging to the Rosatom Group, for the construction of the first facilities of the CEB.

New name, new image

Press conference about the new name (Paks II. Nuclear Power Plant Private Company Limited By Shares or Paks II. Ltd.) and new image of the company.

New management at the helm of the project company

From this day on the Chair of the Board of Directors of the project company is dr. György Mészáros and the Chief Executive Officer is István Lenkei.

State Secretary appointments

State Secretaries Attila Aszódi and Attila Becskeházi are responsible for site works, technical area and innovation, regional development and entrepreneurial relations, respectively.

Ownership rights are transferred

As of this date, the Ownership rights and obligations related to MVM Paks II. Ltd. are excercised by the minister without portfolio responsible for the construction of the two new units.

Ministerial oath

János Süli, minister without portfolio responsible for the planning, construction and commission of the two new nuclear power plant units of Paks, takes his oath before the Parliament.

The environmental license is legally binding

The competent authority, the Pest County Government Office issues a statement regarding the first instance environmental license becoming second instance license, thus becoming legally binding.

The site license is issued

The Hungarian Atomic Energy Authority issues the site license for the Paks II. project company.

The European Commission closes its investigations

The European Commission closes its latest investigation regarding the state aid of the Paks II. investment. The project meets every requirement set by the European Union.

Public hearing in Paks

A site licensing public hearing is organized in Paks by the competent authority, the Hungarian Atomic Energy Authority.

Another green light for the project

According to the European Commission’s decision, Hungary acted in accord with the EU’s public procurement requirements while signing the intergovernmental agreement.

The site license application is submitted

The project company submits the site license application to the competent authority, the Hungarian Atomic Energy Authority.

The project receives the environmental license

The Baranya County Government Office issues the environmental license, which proves that the project fulfills the EU’s and Hungarian requirements of environmental protection and nature conservation.

Public hearings abroad

As part of the environmental licensing nine public hearings are held in various cities of Germany, Austria, Slovenia, Croatia, Serbia, Romania and Ukraine.

Public hearing in Paks

A public hearing is held in as part of the environmental licensing process, organized by the Baranya County Government Office.

Public forums in 41 settlements

The company holds 41 public forums in the nearby settlements of the region. More than 3000 interested attended these forums.

The environmental licensing starts

The project company submits the environmental license application and the Environmental Impact Study to the competent authority.

The implementation agreements are signed

MVM Paks II. Ltd. and Joint-Stock Company Nizhny Novgorod Engineering Company Atomenergoproekt sign the three implementation agreements.

The project company is placed under the Prime Minister’s Office

The Shareholder’s rights and obligations related to MVM Paks II. Ltd. are exercised by the Prime Minister’s Office from this date on.

The site assessment and evaluation license is submitted

The Hungarian Atomic Energy Authority issues the site assessment and evaluation licence for MVM Paks II. Ltd.

The project company belongs to the state

The Shareholders’ Meeting of MVM Hungarian Electricity Ltd. makes a decision to transfer the shares in MVM Paks II. Nuclear Power Plant Development Ltd. to the Hungarian State.

Government Commissioner appointment

Prof. dr. Attila Aszódi, Director of the Institute of Nuclear Techniques of the Budapest University of Technology and Economics, is appointed Government Commissioner of capacity maintenance.

The loan agreement is ratified

The Parliament approves the Hungarian-Russian loan agreement to finance the capacity maintenance.

The first public hearing

A public hearing is held by MVM Paks II. Ltd. in Paks in connection with the establishment of licensing of the site assessment and evaluation process of the new nuclear power plant units.

The loan agreement is signed

The Hungarian-Russian loan agreement is signed, under which the Russian Party will provide a state loan to the amount of maximum EUR 10 billion to the Hungarian Party for financing the investment.

The Parliament supports the agreement

The Parliament adopts the bill about the nuclear cooperation between Hungary and Russia with 256 votes in favour, 29 against and 2 abstentions.

An agreement is reached about the Paks units

In the presence of Viktor Orbán and Vladimir Putin, representatives of the two Parties sign an intergovernmental agreement about the construction of the units.

An independent project company is established

The Shareholders’ Meeting of MVM Ltd. makes a decision to establish a stand-alone company, MVM Paks II. Ltd., performing the preparations of the establishment of the proposed new NPP unit(s).

The National Energy Strategy counts on nuclear energy

National Energy Strategy is adopted, which sets directions for development and operation in the coming decades, maintaining the 40-45% share of nuclear in Hungarian electricity production.

The interactive information truck departs

The interactive information truck starts its country roundtrip in order to introduce the use of nuclear energy and the goal of the Paks II. project to the Hungarian population.

Lévai project

The MVM Group starts preparing the establishment of a new nuclear power plant unit(s). The work is called Lévai project from now on.

Parliamentary decision

A proposal for resolution is adopted, which grants consent to the preparation of the siting of a new nuclear power plant unit or units on the site of the Paks Nuclear Power Plant.

The Teller project starts

The MVM Group starts working out a feasibility study on a new nuclear power plant unit(s). Work on this is called Teller project.