■ Held on the 16th and 17th (local time) in the Netherlands, the event drew government and industry officials, as well as representatives from more than 100 companies in the nuclear power sector

■ The Nuclear Energy Organization Netherlands (NEO NL) also attended, helping to expand local networking and cooperation for the construction of new nuclear power plants

■ Building on its impressive construction track record and close partnerships, Hyundai E&C is accelerating its push into the European market following the U.S.

Shin Dal-weon, Managing Director of Hyundai E&C’s NewEnergy Division, delivers a welcome address at the “Netherlands Supplier Symposium” held in the Netherlands on the 16th and 17th (local time).

Hyundai E&C is raising expectations for a boom in the European nuclear power market as it moves to strengthen local partnerships to tap into that market.

Hyundai E&C held the “Netherlands Supplier Symposium” in collaboration with U.S. nuclear power company Westinghouse over two days, the 16th and 17th (local time), at the Courtyard by Marriott Amsterdam Airport Hotel in the Netherlands.

The symposium, held to support Hyundai E&C’s bid to participate in the construction of the Netherlands’ new nuclear power plant, drew strong interest, with some 150 people in attendance, including Managing Director of Hyundai E&C's NewEnergy Division Shin Dal-weon and Westinghouse Vice President Roman Romanowski, as well as government officials from Korea, the U.S., and the Netherlands and local industry stakeholders.

Through the symposium, Hyundai E&C presented its key business areas in detail, along with the unrivaled nuclear power track record and capabilities it has built over the past half century. It also clearly outlined its procurement process and supplier requirements, encouraging participation by outstanding local companies.

In February of this year, the Dutch government officially established the “Nuclear Energy Organization Netherlands (NEO NL)”, a national agency tasked with leading the construction of new nuclear power plants to strengthen energy security and achieve carbon neutrality by 2050. It is currently proceeding with the process to build two new nuclear power plants. Representatives from NEO NL also attended the symposium and expressed strong interest in Hyundai E&C’s nuclear power business.

The symposium also featured a “B2B Matching Session,” providing an opportunity for direct interaction with local Dutch companies. During the session, in-depth discussions were held to thoroughly evaluate the participating companies’ technological capabilities and project execution skills, creating an opportunity to identify strategic partners for collaboration on future nuclear power projects.

A Hyundai E&C official stated, “This symposium was a meaningful opportunity to strengthen the Dutch nuclear power supply chain through close interaction with local companies,” adding, “Now that we have laid the groundwork for local suppliers to fully understand Hyundai E&C’s nuclear power business strategy and project execution standards and to collaborate with us, we will spare no effort in securing contracts for future new nuclear power projects in the Netherlands.”

Meanwhile, Hyundai E&C is accelerating its business expansion in Europe together with Westinghouse, starting with the Kozloduy Large-Scale Nuclear Power Plant in Bulgaria, followed by a technical feasibility study for a new nuclear power plant project in Slovenia and the signing of an Early Work Agreement (EWA), with Fortum, Finland’s state-owned energy company.

In addition, this past March it forged a technology partnership on molten salt reactor (MSR) technology with Thorizon, which is a spin-off of the Nuclear Research and Consultancy Group (NRG) of the Netherlands, further strengthening its position in the next-generation nuclear power market.

Hyundai E&C plans to further solidify its status as a key partner leading Europe’s energy transition by building networks with local partners.