- Economy is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on!

Škoda JS to modernise Paks power plant for CZK 1bn

Plzeň-based ŠKODA JS has entered into an agreement with the firm MVM Paksi Atomerőmű for the modernisation of safety systems in Hungarian power plant Paks, worth CZK 1bn. Additional Czech companies, incl. ZAT Příbram, will participate on the contract. Czech companies will provide totally 80% of the supplies. Paks power plant generates totally almost 40% of the electricity production in Hungary.