Paks II head leaves MVM for WANO

April 13, 2015

Nagy444.hu writes that the CEO of the Hungarian Electricity Company (MVM) subsidiary responsible for the Paks II nuclear plant expansion has left the company. Sándor Nagy is now working for the World Association of Nuclear Operators (WANO), a job he started on 7 April 2015.

There was no announcement about Nagy’s departure from the MVM company on the company’s website, but his name has been removed from the page listing the top management.

444.hu reports that the Prime Minister’s Office says Nagy’s replacement has not yet been found.

444.hu tried to contact Nagy to find out more about his departure but was unable to reach him.

It was under Nagy’s leadership that MVM’s subsidiary entered into the technological agreements with its Russian counterpart regarding the Paks II nuclear reactor’s planned expansion. Included in these agreements is the one pertaining to importing fuel rods to Hungary which was subsequently shot down by the European Commission. The Hungarian government feverishly denied that the European Commission had struck down the agreement and has even filed a lawsuit against the Financial Times for reporting the Commission’s position.

Nagy began his career at Paks in 1979 and served as the CEO of the nuclear power plant from 1998-2001. He was appointed CEO following the election of the first Orbán government (1998-2002), until being replaced by Csaba Baji in 2001, who is now the CEO of MVM.

Referenced in this article:

Titokban távozott Paks II. vezérigazgatója, 444.hu; 10 March 2015.