Business Wire

PA-WESTINGHOUSE/NAEK

30.9.2016 16:10:44 CEST | Business Wire | Press release

Share
Westinghouse and NAEK Energoatom Release Joint Statement Regarding Safety Optimization Program and Enhancement of Safety for Ukraine’s Nuclear Fleet

Today, Westinghouse Electric Company and NAEK Energoatom, the National Nuclear Energy Generating Company of Ukraine, released a joint statement discussing the companies’ future partnership to sustain the safety of Ukraine’s nuclear reactor fleet. The statement was issued during a visit to Kiev by a special delegation of chief executive officers, including Westinghouse’s Interim President and CEO Jose Gutierrez, led by U.S. Secretary of Commerce Penny Pritzker and the U.S. Department of Commerce.

The joint statement follows.

“Today, NAEK Energoatom and Westinghouse are pleased to announce that we have reached agreement to significantly deepen our partnership that will provide technology and knowledge transfer to enhance the safety and operations of Ukraine’s nuclear power fleet.

“In light of Ukraine’s strong reliance on nuclear energy and commitment to the highest operational and safety standards; together with Westinghouse’s unparalleled experience in providing industry leading technology and operating performance enhancements, Energoatom and Westinghouse have agreed to begin work on a Safety Optimization Program (SOP). The SOP will deliver continued safety improvements to the Ukrainian nuclear fleet that will meet the highest international safety benchmarks as well as specific requirements associated with the European Union’s standards as specified by the Western European Nuclear Regulatory Association (WENRA). These safety improvements, which also complement the substantial safety-related work already underway through the Safety Upgrade Program administered by the European Bank for Reconstruction and Development (EBRD), will additionally bring significant operating improvements to Ukraine’s nuclear power plants. The benefits of these operational improvements are intended to increase the annual availability of Ukrainian nuclear power plants that would result in substantial increases in power supply, profitability and meet safety requirements required for export of power to the European Union.

“The SOP will bring together the best practices of global operating experience and advanced technology combined with Ukrainian experts and industries such as Westron and Turboatom. This agreement to proceed on a Safety Optimization Program represents a significant new partnership between NAEK Energoatom and Westinghouse in providing joint support to Ukraine’s nuclear energy.”

To learn more about Westinghouse Electric Company and our vision to be the first to innovate the next technology, practice or solution that helps our customers generate safer, cleaner, more reliable energy visit www.westinghousenuclear.com .

Contact:

Westinghouse
Courtney Boone, Vice President, Global Communications, 412-374-2707
booneca@westinghouse.com

Link:

ClickThru

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Volue Welcomes TA Associates as New Strategic Investor13.2.2026 11:15:00 CET | Press release

Partnership Strengthens Volue’s Position as a European Leader in Electrification Technology Volue, a global leader in electrification and energy technology, today announced that TA Associates (“TA”), a leading global private equity firm, has joined as a new strategic investor alongside Advent International (“Advent”), Generation Investment Management (“Generation”) and Arendals Fossekompani. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260213436945/en/ Over the past 18 months, Volue has undergone a strategic transformation to sharpen its focus on the energy sector. During this period, Volue divested non-core activities and invested in targeted R&D innovation and strategic acquisitions to further position Volue as a leading provider of integrated technology solutions for power trading and generation, grid optimization, and energy market intelligence. Operating at the center of one of the most mission-critical markets of our

ABB strengthens electrical engineering advisory capabilities in Europe with Premium Power acquisition13.2.2026 10:30:00 CET | Press release

Acquisition strengthens ABB’s ability to deliver system-level advisory support at scale to help critical industries manage increasingly complex electrical infrastructures and safeguard energy resilience Enhances ABB’s Electrification Service division offering in power system studies, grid modelling and electrical risk management for data centers, pharmaceuticals and other critical industries Solidifies ABB at the electrical system level, embedding trusted advisory expertise at the point where operational risks, resilience and performance are defined ABB today announced it has entered into an agreement to acquire Premium Power, a leading electrical engineering consultancy headquartered near Dublin, Ireland. For more than two decades, Premium Power has established its reputation as a trusted advisor to large customers, particularly in data centers, pharmaceutical manufacturing and other mission-critical sectors where electrical resilience, uptime and regulatory compliance are essential.

EnergyAustralia, Enerven and NHOA Energy Mark Financial Close and Project Launch of the 245 MWh Hallett Battery in South Australia13.2.2026 08:00:00 CET | Press release

The project will support grid stability in the National Electricity Market, strengthening NHOA Energy’s long-term commitment to the Australian market NHOA Energy, global provider of utility-scale energy storage systems, today marked together with EnergyAustralia and Enerven the official project launch of a 245 MWh Battery Energy Storage System (BESS) in Hallett, near the town of Canowie, in South Australia, following the achievement of financial close and the project’s transition into the delivery phase. The milestone was announced today during a project launch ceremony held at the Hallett Power Station, attended by representatives of EnergyAustralia, Enerven, NHOA Energy, government, Traditional Owners and local community stakeholders. Owned and developed by EnergyAustralia, the Hallett BESS is being built alongside the existing Hallett gas-fired power station and represents the first stage of a broader site development. As delivery partner for Stage 1 of the project, NHOA Energy will

Echoworx Encryption Arrives on AWS Marketplace: Frictionless Security for a Global World13.2.2026 07:00:00 CET | Press release

Echoworx, the trusted name in email encryption, is now live on AWS Marketplace—fully deployed on AWS infrastructure. For global businesses, this means securing sensitive communications just got a whole lot easier, starting from purchase. Why AWS Marketplace? Why Now? Echoworx’s mission has always been to make secure communications as easy and accessible as possible. By joining the AWS Marketplace, Echoworx is taking this mission a step further, ensuring that customers can procure its encryption solution with the same ease and efficiency they experience when using it. Cross-border compliance, taxes, and billing headaches slow teams down. With AWS Marketplace, Echoworx customers bypass the usual red tape: automated tax and regulatory handling, simple multi-currency billing, and support for Private Offers. That translates to custom pricing and contracts in local currencies, less foreign exchange guesswork, and a procurement process built for modern enterprise. "Our partnership with AWS Ma

Align Partners Issues Formal Shareholder Proposals to Gabia13.2.2026 01:37:00 CET | Press release

Align Partners Capital Management Inc. (“Align Partners”), a shareholder of Gabia, Inc. (“Gabia” or the “Company”), has submitted formal shareholder proposals for inclusion in the agenda of Gabia’s upcoming 27th Annual General Meeting (“AGM”) and issued a call for strengthened governance practices to address the Company’s persistent undervaluation. Align Partners noted that, as shareholder proposals will be presented at this year’s AGM, Gabia should follow the Korea Exchange (KRX) Corporate Governance Key Indicators by publishing the AGM convocation notice at least four weeks prior to the meeting date. Align Partners emphasized that last year’s AGM notice was issued only 16 days before the meeting, limiting shareholders’ ability to adequately review the agenda and exercise informed voting rights. Gabia is widely recognized as a leading Korean IT services and cloud infrastructure company with solid operating performance. Despite these strengths, Align Partners believes the Company conti

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye