Press Release

Framatome to acquire Evopro nuclear and process automation Kft., located in Budapest, Hungary

January 11, 2021 | 1 min |
January 11, 2021 – Framatome signed a purchase agreement to acquire Evopro nuclear and process automation (NPA) Kft., located in Budapest, Hungary. The transaction is expected to close in the first quarter of 2021 after receipt of the required clearances.

Through this acquisition, Framatome will strengthen its position in Central Europe and establish a local presence in Hungary. Approximately 30 Evopro NPA employees will join Framatome when the transaction is complete. Evopro NPA’s expertise includes projects that involve instrumentation and control (I&C) for the nuclear industry and the European Spallation Source, and process and other energy automation activities, mainly in Hungary.

“This acquisition allows us to expand our presence in Central Europe as major I&C projects, such as those at the Paks Nuclear Power Plant, begin,” said Frédéric Lelièvre, senior executive vice president of Sales, Regional Platforms and I&C at Framatome. “Our customers in the region will quickly experience the acquisition’s added value and benefits, including the local proximity of our expert team, in line with our development strategy.”

The Evopro group is a leader in the industrial automation and software services field in Central and Eastern Europe. The company strategically built its nuclear I&C competence as part of Evopro group's commitment to a zero-emissions economy.

 

About Framatome

Framatome is an international leader in nuclear energy recognized for its innovative solutions and value added technologies for the global nuclear fleet. With worldwide expertise and a proven track record for reliability and performance, the company designs, services and installs components, fuel, and instrumentation and control systems for nuclear power plants. Its more than 14,000 employees work every day to help Framatome’s customers supply ever cleaner, safer and more economical low-carbon energy.

Framatome is owned by the EDF Group (75.5%), Mitsubishi Heavy Industries (MHI – 19.5%) and Assystem (5%).