Release date
Fennovoima jatkaa arvion tekemistä siitä, millaisia vaikutuksia päätetyillä sanktioilla on.

Fennovoima’s update on the impacts of war in Ukraine 4.4.

The Russian invasion and war in Ukraine continue. The EU, the US and many countries have decided on multiple restrictive measures against Russia. In this context, Fennovoima keeps carefully assessing the impact of the decided sanctions.

During the last weeks, several restrictive measures have been set by the international community with frequent updates. The nuclear sector has not been included into these packages. However, the current decided sanctions are expected to impact the Hanhikivi 1 project. As details are not yet available, detailed impacts cannot be assessed for the time being.

Fennovoima has commitments and contracts with project stakeholders including Fennovoima’s own employees. Fennovoima’s duties and legal obligations remain unchanged until there are changes to this framework through sanctions or binding decisions by the relevant authorities.

For the time being, we continue executing our project and carefully follow the developments of the situation. We acknowledge that the dramatic situation generates discussion both in the political and the public space. Fennovoima is in close contact with all relevant stakeholders.

We are very sad about the developments and the situation in Ukraine. There are a lot of people close to our employees in the area impacted by the invasion and our thoughts are with them.

At this stage we are not able to comment more on the situation.

All contacts primarily via e-mail [email protected]