Paks 5 is a 1,262MW nuclear reactor planned in Budapest, Hungary. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the nuclear reactor is currently at the financed stage. The construction on the reactor is likely to commence in 2025. The plant proponent is expected to achieve the first power from the reactor in 2032 and is planned for commissioning in the same year. Buy the profile here.

Smarter leaders trust GlobalData


Premium Insights Paks 5

Buy the Profile

Premium Insights

The gold standard of business intelligence.

Find out more


Paks 5 is a Generation III+ nuclear reactor being developed by Atomproekt and Atomstroyexport, are the main contractors for the project.

The 1,262MW reactor is currently owned and will be operated by MVM Paks Nuclear Power Plant. The company has a stake of 100%.

Paks 5 is a type of PWR reactor. It will feature 163 fuel assemblies in the core of reactor, the place where fission occurs and energy is released.

Development status

The reactor construction is expected to commence from 2025. Subsequent to that it will enter commercial operation by 2032.

Contractors involved

GE Power will be the steam turbine supplier for the nuclear reactor. MVM ERBE Zrt is expected to be the architect engineer for the reactor. The civil works will be carried out by KESZ Building and Construction.

For more details on Paks 5, buy the profile here.

About Atomstroyexport

Atomstroyexport (ASE) is an engineering company of State Corporation, Rosatom. The company designs and constructs nuclear power facilities. It is an export import company that helps foreign customers in constructing and commissioning nuclear power projects (NPP). ASE also carries out the process of reconstruction of the earlier-built nuclear power plants. In addition, the company also provides specialty services, which include survey, training, design, and engineering services, manufacture and supply of equipment and operation of power plants. ASE utilizes light water reactor installations of VVER type of technology for the construction of NPP. It also participates in the international tenders offering its upgraded NPPs with water moderated water-cooled reactors. The company has presence in Bulgaria, Hungary, Turkey, Czech Republic, Slovakia, India, China and Ukraine among others. ASE is headquartered in Moscow, Russia.

This content was updated on 10 November 2023

Premium Insights


The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.


GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.