Westinghouse, Toshiba and Metrostav Sign Memorandums of Understanding with Three Leading Czech Republic Engineering Firms in Preparation for Temelín Expansion

PRAGUE – Feb. 27, 2013 – Westinghouse Electric Company, Toshiba Corporation and Metrostav today announce the signing of three highly significant Memorandums of Understanding (MOUs) with ÚJV Řež a.s., ŠKODA PRAHA Invests.r.o. and KRÁLOVOPOLSKÁ RIA a.s.— all leading Czech-owned and operated engineering companies. These MOUs come in preparation for the construction of Westinghouse AP1000® nuclear power plants at Temelín in the Czech Republic. These MOUs constitute a major part of the engineering work to meet national and requirements and will result in hundreds of millions of Czech crowns and work for hundreds of Czech engineers if the AP1000 design is selected for Temelín.

The MOU with Energoprojekt Praha (EGP), a division of ÚJV Řež, marks the first steps in the enhanced engagement between EGP and the Temelín AP1000 delivery team. The provisions of the MOU outline a number of areas where EGP could provide support on the Temelín expansion project, including assistance with local codes and standards, regulations and laws; support in the basic and detailed design of buildings; elaboration and preparation of documentation; and technical licensing assistance. A team of engineers from EGP visited Westinghouse’s Cranberry Township, Pa. (USA) headquarters last week to begin working on key design matters related to the AP1000 project.
The multi-party MOU ŠKODA PRAHA Invest (SPI) defines a number of key areas of cooperation, including during construction and start-up testing and commissioning support, augmenting the staff of the site engineering team in responding to ČEZ requests for information, assessing emergent issues, participating in on-site tests and providing plant commissioning support. SPI would also support in-country supply management activities.

The MOU with KRÁLOVOPOLSKÁ RIA, signed during the visit of the Czech Minister of Industry and Trade Martin Kuba to the Westinghouse AP1000 site in S.C. (USA), identifies a number of key areas the companies could cooperate on, including but not restricted to, assistance with the reconciliation and modification of design criteria documents and basic design as necessary to comply with the Czech legislation; assessment of emergent issues and reconciling issues raised during construction and start-up testing; and administration of tests and test documentation verification, collection, and records management.

“As we move forward in the bidding process, Westinghouse and its growing number of partners are already taking concrete steps to prepare for the potential construction of AP1000 nuclear power plants at Temelín in the Czech Republic,” said Sandy Rupprecht, Westinghouse senior vice president, Nuclear Power Plant Business and Project Development. “Not only does bringing on board these key Czech engineering companies reaffirms our pledge to use local talent and resources, but also our commitment to provide ČEZ with the most advantageous proposal. To the greatest degree possible, these engineering partners will be integrated into the existing AP1000 projects, beginning the knowledge transfer process.”

Westinghouse Electric Company, a group company of Toshiba Corporation (TKY:6502), is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first pressurized water reactor in 1957 in Shippingport, Pa. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants, including more than 50 percent of those in Europe.

Metrostav, a member of the international DDM Group, has more than 40 years of experience both on the Czech construction market and abroad. With annual consolidated revenues of 25.719 billion CZK in 2011, Metrostav ranks among the largest and the most stable construction companies in the construction market. Apart from its highly professional work on the Prague Metro, Metrostav as a versatile construction company operates in underground, road construction, public buildings, residential, industrial, renovation of historical buildings and power engineering sectors. In this technically and technologically demanding sector, Metrostav has completed and currently is working on a number of coal and gas power plant projects as well as many smaller scale hydropower plants.

Toshiba Corporation is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba brings innovation and imagination to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators and elevators; and home appliances. Toshiba was founded in 1875 and currently operates a global network of more than 550 consolidated companies, with 202,000 employees and annual sales surpassing 6.1 trillion yen ($74 billion).

ÚJV Řež is a key Czech scientific and research engineering company focused on the usage of nuclear technologies with more than one thousand employees. Its division Energoprojekt Praha has more than 50 years experiences in the field of multi-professional design, engineering and other special services for the nuclear power generation sector.
ŠKODA PRAHA Invest is a leading power plant engineering company in the Czech Republic covering every stage in power generation projects and their parts from the design to project execution, construction, commissioning and related services As a general contractor of relevant part, it has delivered technology, including documentation, assembly and commissioning of all Czech and Slovak nuclear power plants.

KRÁLOVOPOLSKÁ RIA (KPRIA), a joint stock company, is an engineering company focused on design, production and installation of large-scale systems for the nuclear power, chemical, petrochemical, water and waste water industries. Due to its experience and proven track record, KPRIA has been a leading participant and supplier in all nuclear power projects in the Czech Republic and Slovakia. It is a natural step to utilize this established position and proven experience in the planned extension of the Temelin Nuclear Power Plant Units 3 and 4.