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Pezeshkian: The side that imposed this war is a terrorist enemy, yet Iran is the side that defined its end with the will and strength of its great and glorious people.
Pezeshkian: The entire world beheld the great power of Iran, embraced by the support of its people
Pezeshkian: This war was imposed upon our people, born of the reckless adventure and incitement of the Zionist entity
Pezeshkian: Today, after the steadfast resistance of our great people, the makers of history, we witness a ceasefire and the end of a twelve-day war
Iranian President Masoud Pezeshkian addresses the Iranian people: This historic triumph belongs, with utmost pride, to the great Iranian people, the true architects of civilization
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SANA: The explosion in the vicinity of Damascus resulted from the detonation of war remnants by the relevant authorities

Finland company terminates Russian nuclear power plant construction

  • By Al Mayadeen Net
  • Source: Agencies
  • 2 May 2022 12:33
2 Min Read

Finland terminates a project with Russia to build a nuclear power plant.

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  • Finland company terminates Russian nuclear power plant construction
    Hanhikivi 1 is Fennovoima’s nuclear power plant project.

On Monday, Finnish nuclear energy company, Fennovoima announced that it has terminated the construction contract for building the Hanhikivi 1 nuclear power plant (NPP) in tandem with Russia's state nuclear company, Rosatom, in Pyhajoki, Finland.

"Fennovoima has terminated the contract for the delivery of the Hanhikivi 1 nuclear power plant with Rosatom," the Company said in a statement, adding that cooperation is ended "with immediate effect and both the design and licensing work and works at the Hanhikivi 1 site with RAOS project end."

Fennovoima, in addition, has made the decision to do so "due to RAOS Project's [legal entity of Rosatom in Finland] significant delays and inability to deliver the project."

"The war in Ukraine has worsened the risks for the project. RAOS has been unable to mitigate any of the risks," the statement added.

Related News

Finland to withdraw from Ottawa Convention, cites 'security concerns'

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Russia has been dealing with sanctions led by the West, prompting companies around the world to cut their business and trade with Moscow. 

See more: The monthly losses of companies that suspended business in Russia

As Finland looks to abandon its neutrality and join NATO, the Scandinavian country looks to distance itself from Russia, raising hostilities and tensions. 

In the coming weeks, tens of thousands of troops from NATO and other North Atlantic states will participate in a series of military drills throughout Europe as Western governments attempt to display a show of force against Russia.

The drills will take place in Finland, Poland, North Macedonia, and along the Estonian-Latvian border, and will be supported by planes, tanks, artillery, and armored assault vehicles.

In addition, the deployments are scheduled for this week in Finland, where US, UK, Estonian, and Latvian troops will take part in Exercise Arrow in an attempt to work close to Finnish forces.

  • Finland
  • Rosatom
  • Russia

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