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South Korean Doosan brings new investments worth billions of crowns to the Czech Republic

South Korea’s Doosan, a global manufacturer of steam turbines, smart machines and semiconductors, presented in Prague significant investments in the Czech economy. At the same time, it signed key memoranda with Czech companies to cooperate on projects both domestically and abroad.

Doosan is one of the world’s leading turbine manufacturers in the nuclear and conventional power industries. “As a strong partner of Korea Hydro & Nuclear Power, we are coming to the Czech Republic to support its activities in the tender for the completion of the Dukovany Nuclear Power Plant. If it wins this important contract for the Czech and Korean industry, the turbine for the secondary island, one of the main facilities of the nuclear power plant, will be supplied by the Czech company Doosan Škoda Power. This will significantly contribute to the Czech government’s intentions to involve local companies in the completion of new nuclear power plants,” said Jeongwon Park, Chairman of the Board of Directors of the Doosan Group, at the Czech-Korean Industrial Partnership Doosan Partnership Day, which took place on 13 May in Prague at Žofín.

In addition, he presented Doosan Enerbility’s plan to move key know-how in the production of air-cooled generators up to 300 MW and the development and production of gas and hydrogen turbine technologies to Pilsen, which will help the Czech Republic become a major European player in the segment of carbon-free energy production.

“We have decided to transfer to the Czech Republic the technology for the production of air-cooled steam turbine generators for supply to power plants and small modular reactors so that the Czech industry can make a significant contribution to Doosan Group projects on global markets. At the same time, we plan to build a hydrogen combustion turbine centre in Europe in Pilsen, which will bring more jobs and put the Czech Republic on the map of the few manufacturers in the world,” added Seungwoo Sohn, CEO of Doosan Enerbility Power Service Business Group.

At the gala evening, cooperation agreements were also signed between Doosan Enerbility Nuclear Business Group, Doosan Enerbility Power Service Business Group and the Czech companies Vítkovice, ZAT, Škoda JS and MICO, for example for the production of heat exchangers or auxiliary equipment for nuclear power plants.

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