Daewoo Engineering has initiated extensive communication efforts with local communities to successfully advance new nuclear power projects in Europe.
The company announced that CEO Kim Bohyun visited Austria and the Czech Republic from May 11 to 14 to assess collaboration frameworks for nuclear projects and engage in community development activities.
On May 12, Kim met with key officials from the International Atomic Energy Agency (IAEA) in Vienna, where they discussed global trends in the nuclear power market and the status of small modular reactor (SMR) development.
During the meeting, Daewoo Engineering emphasized its strong construction capabilities and project management skills in the South Korean nuclear industry, expressing a commitment to expand international collaboration opportunities starting with the Czech nuclear project.
On May 13, Kim traveled to the Czech Republic, where he participated in a fire truck donation ceremony in the municipality of Náměšť nad Oslavou, near the planned nuclear site. This donation was initiated in response to the need for enhanced local firefighting infrastructure, with the specialized vehicle completed after approximately 14 months of production.
The ceremony was attended by local dignitaries, including Náměšť Mayor Jan Kotásek and Vysočina Region Governor Martin Kukla. Representatives from South Korea, including CEO Kim, Ambassador Hong Young-ki, and officials from Korea Hydro & Nuclear Power and Doosan Enerbility, were also present, reinforcing the unity of 'Team Korea.'
Following the donation ceremony, Kim held discussions in Prague with key figures from the Czech Ministry of Industry regarding practical cooperation measures.
A Daewoo Engineering official stated, "This visit goes beyond mere sales efforts; it is a genuine initiative to gain the trust of local residents and municipalities. We aim to successfully lead the Czech nuclear project based on our accumulated construction capabilities and establish a foothold for entering the European market."
Shin Dae-hyun, a researcher at Kiwoom Securities, noted, "In the first quarter, overseas plant sites recorded high margins, resulting in profitability exceeding expectations. We anticipate securing the Czech Dukovany nuclear project in the second quarter, along with contracts for the Papua New Guinea LNG project throughout the year."
* This article has been translated by AI.
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