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Westinghouse, Toshiba and Metrostav Announce Agreement with Czech Technical University

PRAGUE, Dec. 12, 2012 -- Westinghouse Electric Company, Toshiba Corporation and Metrostav are pleased to announce the signing of a Memorandum of Understanding (MOU) with the Czech Technical University in Prague (ČVUT), one of the oldest and leading technical universities in the Czech Republic. The multiparty agreement comes in preparation for the potential construction of Westinghouse AP1000® nuclear power plants at Temelín.

The provisions of the agreement cover cooperation with many of the university’s faculties (Civil Engineering, Mechanical Engineering, Electrical Engineering, Nuclear Sciences, Physical Engineering and Information Technology) in disciplines that are of particular relevance to the completion of the Temelín project and the AP1000 technology.

As part of this agreement, the Czech Technical University will host a series of lectures/seminars at its campuses on AP1000 reactor technology, involving leading technical and regulatory experts from Westinghouse and its partners. In addition and more specifically, the agreement will provide a group of Czech Technical University students a unique opportunity to participate in Westinghouse’s internationally recognized Summer Internship Program located at its headquarters in Cranberry Township, Pa., USA. Westinghouse and its partners will also utilize the Czech Technical University’s expertise in a number of specialized areas of the Temelín project, such as calculations, stress analysis and materials testing. 

“The Czech Republic has a long tradition of nuclear power and know-how, and this new agreement brings Westinghouse and our partners together with one of the country’s eminent technical higher-education institutions,” said Sandy Rupprecht, Westinghouse senior vice president, Nuclear Power Plant Business & Project Development. “We are pleased to establish a collaborative relationship that we believe will bring significant and lasting benefits to Czech Technical University, as well as to Westinghouse, Toshiba and Metrostav.”   

“We’re very pleased to be a part of this important agreement,” said Kiyoshi Okamura, corporate vice president, Toshiba Corporation. “As a global leader in power generation systems, we look forward to participating in fruitful exchanges of information with the Czech Technical University.”

Metrostav member of the board of directors and Chief Executing Officer Pavel Pilát said of the announcement: “The agreement with the Czech Technical University will offer all parties an opportunity to share their technical nuclear knowledge and selected construction experience, whilst also applying lessons learned from the ongoing AP1000 projects in China and the U.S. towards the successful completion of Temelin Units 3&4.”

Václav Havlíček, rector of the Czech Technical University in Prague said, “I am very pleased that the Czech Technical University in Prague, as one of the oldest universities of technology in the world and the leading university of technology in the Czech Republic, has been invited by the consortium of Westinghouse, Toshiba and Metrostav to be a consultant on technical issues connected with nuclear power plant construction. I believe that our collaboration will improve the quality and security of Czech nuclear power plants. I am also sure that it will improve the quality of the research and educational activities at the university.”

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., USA.  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.

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 & 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 worldwide and annual sales surpassing 6.1 trillion yen ($74 billion).

Metrostav, a member of the international DDM Group, has more than 40 years of experience both on the Czech construction market and abroad. With a yearly turnover of 31.5 billion CZK ($1.65 billion) in 2011, DDM Group ranks among the largest and the most stable construction groups on 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 is currently working on a number of coal and gas power plant projects as well as many smaller scale hydro power plants.

Czech Technical University in Prague provides high-quality university education through an extensive portfolio of primarily engineering branches of study, and conducts basic and applied research and numerous scientific projects with great emphasis on industrial use and applications.  CTU in Prague educates dynamic future experts, scientists and managers who will be flexible in adapting to the requirements of the market. The Czech Technical University in Prague was established on the initiative of Josef Christian Willenberg, on the basis of a foundation deed signed by Emperor Joseph I and dated 18 January, 1707. In the 2011/2012 academic year, about 24,000 students studied at CTU, and about 1,500 academic workers taught and carried out research at the university.

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Westinghouse Electric Company
 
AP1000®
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