# Turboatom signs memorandum with Siemens for steam turbine modernization

Turboatom signed a memorandum with Siemens for joint participation in steam turbine modernization programs for thermal and nuclear power plants, with a total value of up to 2 billion UAH.

- Type: Partnership
- Announced: 2018-09-29
- Where: Kharkiv, Ukraine
- Value: $72.0M (2.00B UAH)
- Status: announced
- Products: steam turbine modernization
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Turboatom](https://endata.com/companies/27205.md)
- [Siemens](https://endata.com/companies/301.md) (partner)
- [Westinghouse](https://endata.com/companies/12950.md) (partner)
- [Energoatom](https://endata.com/companies/27206.md) (partner)

## Sources

- [newsmir.info](https://newsmir.info/1423330), 2018-09-29: "АО 'Турбоатом' сегодня, 29 сентября, в рамках Международного экономического форума 'Инновации. Инвестиции. Харьковские инициативы!' подписал меморандум о совместной деятельности с компанией Siemens (Германия)."
- [strategeast.org](https://www.strategeast.org/ukrainian-turboatom-us-based-westinghouse-extend-memo-of-cooperation-in-nuclear-energy-sphere/), 2018-11-08: "The memorandum of understanding with Turboatom includes cooperation under the Ukraine-EU Energy Bridge Project."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.