Finnish utility Teollisuuden Voima Oyj and the Areva-Siemens consortium have both increased the amounts claimed in arbitration over the delay in construction of the first-of-a-kind EPR at Olkiluoto.

Finland's Ministry of Employment and the Economy announced today that it has been unable to confirm whether Migrit Energija, the Croatian company intending to take a stake in the Hanhikivi nuclear power plant project, is in fact European-controlled.

Croatian company Migrit Energija has confirmed that it plans to take a stake in the Hanhikivi nuclear power plant project in Finland. However, the Finnish economy ministry has requested more details about the company as it considers the shareholding.

Fennovoima has today submitted its construction licence application to the Finland's Ministry of Employment and the Economy for the planned Hanhikivi nuclear power plant project. However, issues remain regarding the level of Finnish ownership in the project.

Fortum's future participation in the Hanhikivi nuclear power plant project remains unclear as the Finnish electricity producer's talks with Rosatom and Gazprom Energo on restructuring Russia's territorial generating company TGC-1 have yet to reach agreement.

Russia's Rosatom does not plan to increase its stake in the Hanhikivi nuclear power plant project in Finland, the state nuclear corporation's deputy director general, Kirill Komarov, said yesterday. Komarov was responding to questions during a press conference at the VII Atomexpo 2015 conference and exhibition in Moscow.

Finnish utility Teollisuuden Voima Oyj (TVO) does not plan to submit a construction licence application for the fourth unit at its Olkiluoto plant before its 2010 decision-in-principle expires next month. The company had earlier sought an extension to that decision.

The construction of a new backup air-cooling system independent of seawater cooling has been completed at the Loviisa plant in Finland.

Posiva, the Finnish waste management company, said today it has started construction of a heavy plug for the demonstration repository tunnel at its final repository and waste encapsulation plant at Olkiluoto. The underground characterisation facility is known as Onkalo.

Finnish nuclear operators had set aside a total of €2.38 billion ($2.67 billion) by the end of 2014 - up from €2.27 billion ($2.55 billion) by the end of 2013 and €2.16 billion ($2.42 billion) by the end of 2012 - for waste disposal and decommissioning activities, the country's Ministry for Employment and the Economy has reported.

Finland's radiation and nuclear safety authority has given its backing to Posiva's application to construct a final repository and waste encapsulation plant.

Rusatom Overseas has signed contracts with several suppliers that bid for work on the Hanhikivi nuclear power plant project in Finland. A subsidiary of state nuclear corporation Rosatom, Rusatom Overseas is responsible for promoting Russian nuclear technology on the global market.