Russian state-controlled nuclear company Rosatom has an in-built advantage across most of Central and Eastern Europe thanks to the fact that the former Soviet-designed VVER reactors are still in service across most of the countries.
That technological dominance is reflected in the fact that Rosatom’s wholly owned nuclear fuel company, TVEL, wins most contracts to supply nuclear power plants in the region. Rosatom is also ready to use its close connections with the Russian state, including long-term soft loans to…