Published by Global Banking & Finance Review®
Posted on July 22, 2025
3 min readLast updated: January 22, 2026
Add as preferred source on GoogleEDF plans to reduce its international projects and workforce to focus on domestic nuclear expansion, under new CEO Bernard Fontana.
By Forrest Crellin and Elizabeth Pineau
PARIS (Reuters) -French energy company EDF is planning to cut its headcount overseas and scrap bids on some nuclear projects abroad as it focuses on a major construction programme at home under new CEO Bernard Fontana, said two sources familiar with the matter.
France, a global leader in nuclear energy and Europe's largest nuclear power producer, is pulling back at a time of global calls for nuclear expansion, opening the door to new players as high costs and design issues hurt its ability to compete internationally.
Fontana was appointed in April to take over the state-run utility after the government became increasingly frustrated with EDF's slow progress in revamping the French nuclear fleet.
The new chief executive told a parliamentary hearing on his nomination that he would focus on developing the company's domestic nuclear projects rather than its international business, which employs hundreds of people and has previously built reactors in China, Finland and Britain.
He has outlined changes to the overseas business in recent weeks, said the sources, including pulling back from some bids to build reactors outside Europe.
The company will focus on tenders for nuclear projects in the Netherlands, Sweden and Finland, where it has a higher chance of winning the bids, said an industry source familiar with the plans.
It will also de-prioritise projects in Poland, India, Canada and elsewhere outside Europe, the person said.
Reducing its international footprint will allow it to cut costs and redirect people to higher-priority projects, said another industry source familiar with the situation.
EDF said no decision had been made.
"The new French nuclear programme is the group's priority," said an official in Prime Minister Francois Bayrou's office.
EDF's recent international projects have faced long delays and cost overruns. Last year it lost out to South Korea's KHNP in a bid for two new reactors in the Czech Republic.
Fontana will also reduce headcount on the international sales team, said the sources, with one saying there are plans to cut about 60 jobs, including 10 managers.
The group continues its international activities while remaining attentive to the profitability of its commitments, EDF said.
Europe has always been its first priority and it is focusing on strengthening its European supply chains, an EDF spokesperson said.
"The important thing is that these international projects contribute to the strengthening of the French nuclear industry," the government official said.
President Emmanuel Macron announced plans in early 2022 for six new French reactors to replace ageing plants and secure future energy supplies, with costs estimated at 67 billion euros($78.7 billion), according to a media report last year.
The company is heavily indebted, however, after expensive repairs to its nuclear fleet in recent years.
EDF has reduced its stake in its UK reactor projects Sizewell C and Hinkley Point C, with investors entering the projects to share risks associated with the long construction times and free up capital for other plans.
EDF is also looking to sell some of its renewable energy assets in North America and Brazil.
The company's subsidiaries Framatome and Arabelle, which produce reactor parts, will continue to bid to supply international projects, such as the AP 1000 in Poland, one of the sources added.
($1 = 0.8516 euros)
(Reporting by Forrest Crellin and Elizabeth Pineau; Editing by Dominique Patton, David Holmes and Jane Merriman)
EDF plans to concentrate on domestic nuclear projects and reduce its international footprint by pulling back from bids outside Europe.
EDF is expected to cut about 60 jobs in its international sales team, including 10 managerial positions.
The shift is aimed at cutting costs and redirecting resources to higher-priority projects, particularly in Europe, where EDF believes it has a better chance of winning bids.
EDF's recent international projects have encountered long delays and cost overruns, leading to losses in competitive bids, such as the one for reactors in the Czech Republic.
President Emmanuel Macron announced that the new French nuclear programme is estimated to cost around 67 billion euros ($78.7 billion).
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