Hanhikivi-1 project presented at Northern Industry Expo in Oulu, Finland

May 25, 2018, Oulu. Hanhikivi-1 project participants - Fennovoima Oy and Rosatom State Atomic Energy Corporation – presented the NPP Hanhikivi-1 developments at the Northern Industry exhibition on May 23-24, 2018 in Oulu, capital of Northern Scandinavia and the Northern Ostrobothnia region of Finland. On behalf of Rosatom, the project was presented by Rusatom Energy International (REIN), RAOS Voima Oy, RAOS Project, and by TITAN-2 Construction Holding.

The project team answered numerous questions of the expo participants, with the key question among those asked being how a company becomes a supplier of Hanhikivi-1 NPP.

“Hanhikivi-1 project is quite a special one among those many foreign projects run by Rosatom State Corporation. Finland is one of the most progressive and technologically advanced European countries, thus the success of our project in Finland deems to be a “quality certificate” helping to promote our new technologies and new BOO projects not in Finland only, but in the markets of other countries, too.” – said Alina Haapalainen-Kamenev, RAOS Voima Regional Director.

“Meeting and detailed conversation with Hanhikivi-1 representatives appeared as the opportunity to locate “the right channel” for entering the project,” - said Risto Wallin, Country Manager Askalon Finland.

“The exhibition is a chance for us to demonstrate very clearly our openness for cooperation. Our main goal during the expo was to show that many local firms and companies have the opportunity to participate in Hanhikivi-1 project. We give strong priority to local companies as they know their market and region, and they understand technical requirements well. I am confident we will see new names joining the potential suppliers list of Hanhikivi-1 following the expo results,” – noted Mikhail Tchitcherin, Public Relations Manager for TITAN-2 Construction Holding in Finland, after the exhibition.

“The construction of NPP Hanhikivi-1 gives momentum to our region development. Businessmen and entrepreneurs of Raahe look close at the progress of the project, and they look forward for its active construction phase to start so that they can offer their services to the project,” – said Edward Mousienko of the Raahe District Development Centre.

“Northern Industry” is the largest industrial trade fair in northern part of Finland taking place biannually in Oulu. The event brings together the most active representative of the business community of Finland as well as those leading international companies and corporations interested in their business development in the North of Finland. “Northern Industry 2018” welcomed more than 350 companies and over 4100 visitors.

For reference:
Hanhikivi-1 NPP project

In December 2013, Fennovoima Oy and JSC REIN signed the EPC-contract to construct the Hanhikivi-1 NPP. JSC REIN is focusing on the management of Rosatom’s Build-Own-Operate projects as a shareholder in project companies. In spring 2014, Rosatom acquired 34% of Fennovoima shares.

In June 2015, Fennovoima applied for NPP construction license. Since 2015, RAOS Project – a daughter company of JSC REIN in Finland – operates as the General Supplier in the project.

The NPP construction project will be modified to meet the national safety requirements in Finland. Hanhikivi-1 NPP is planned to be launched in 2024.


Joint-stock company Rusatom Energy International (REIN) is a subsidiary of Rosatom State Corporation, established in 2011 to promote Russian nuclear technologies on the world market. Since May 2015, the company specializes in the management of foreign projects for the construction and operation of nuclear power plants on the terms of joining the shareholders of project companies. The Director General of JSC REIN since December 2016 is Anastasia Zoteeva.

Today, REIN is developing two full-scale construction projects: the four-unit Akkuyu nuclear power plant in Turkey and the one-unit Hanhikivi-1 NPP in Finland.

For the implementation of the Akkuyu NPP project, the project company JSC AKKUYU NUCLEAR was established in 2010, which today is a 100% subsidiary of REIN.

RAOS Project Oy, a wholly owned subsidiary of JSC REIN, established in Finland in February 2015, is the General Supplier of the Hanhikivi-1 NPP. Another Finnish subsidiary of REIN - RAOS Voima, according to the 2014 Agreement with Voimaosakeyhtiö SF, owns 34% of Fennovoima – the Owner and future Operator of the Hanhikivi-1 NPP.

Northern Industry Fair

Northern Industry is the largest and only industrial trade fair in northern part of Finland where heavy industries and high-tech companies work together. The event gathers 5000 professionals from mining, steel and forest industry as well as from energy sector, chemical industry and from numerous service providers and equipment manufacturers.

Northern Industry 2018 themes include maintenance solutions and technology, services and equipment for mining and new technologies in industrial automation. The program highlights digitalization and lean in industry and numerous major investments in northern area, including Fennovoima nuclear power plant investment and latest news from the mining industry.

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