Czech Republic / CEZ To Acquire Skoda Nuclear Services Firm From Russia’s OMZ

Sanction risks motivate move
CEZ To Acquire Skoda Nuclear Services Firm From Russia’s OMZ
Czech energy group CEZ announced it will take over Skoda JS, a Czech nuclear power service company, which is currently fully owned by Russian engineering group OMZ.

CEZ said it has had a long tradition of cooperation with Skoda JS, mainly in the field of nuclear fuel and maintenance of primary circuits of nuclear power plants.

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