South Korea.

The Ministry of Climate and Environment announced a decision-in-principle on the construction of a nuclear power plant in Pątnów using Korean technology.

Poland has entered into extensive economic cooperation with South Korea. This is a kind of expansion of relations beyond Western Europe and the United States. However, Poland should diversify its contacts in Asia and Australia in order to further reduce the monopoly of large players and Korea itself.

Today, the environmental decision for the first nuclear power plant has been issued. This is a very important document because it brings us closer to the construction of the atomic plant in Pomerania. The next stage will be the signing of a project agreement with Westinghouse and Bechtel.

„South Korea remains the largest Asian investor in Poland in terms of cumulative investment value. [ … ] It is in Poland’s interest to convince Korea that the success of development projects in Ukraine and the stable functioning of South Korean investments in the region will require a lasting improvement in the security situation,” writes […]

Despite the distance of several thousand kilometers, Poland and South Korea are growing an even tighter bond. Both countries cooperate in the energy and defense sectors, and more Korean investments have begun to flow to Poland. After the current visit of South Korea’s President Yoon Suk Yeol, the cooperation will be even deeper.

„We are researching where the third NPP in Poland should be built, it will be the second plant sponsored by the government. Bełchatów is highly likely,” said Jacek Sasin, VP and States Assets Minister, in an interview for Radio Plus. „The best two locations will be announced this autumn,” he added.

The President of Westinghouse intends to continue the dispute over the technology of nuclear power plants in Poland. Poles want to build with the Americans, but also the Korean KHNP. However, the Americans maintain that the Koreans do not have the intellectual rights to the NPP they offered to Poland. This claim has been staunchly […]

The court dispute over the technology of the American Westinghouse with Korea’s KHNP may not end in a settlement that would reconcile the projects in Pomerania and Pątnów – writes Wojciech Jakóbik, editor-in-chief at BiznesAlert.pl.

In 2022 a somewhat surprising player emerged on the energy and arms market, which challenged the Americans who have been traditionally dominating the Polish market. Is Korea an alternative or a lever in negotiations with the Americans in many areas? – wonders Mariusz Marszałkowski, editor at BiznesAlert.pl.

What goes on in Poland on the 2nd of September.