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France's EDF to withdraw from some overseas projects, cut jobs, sources say

Summary by Reuters
France's EDF is cutting its headcount overseas and scrapping 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.

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France's EDF is fleeing its foreign projects and wants to focus primarily on domestic construction. The company's new boss, Bernard Fontana, is changing the course the state-owned energy giant will take.

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EDF will present plans for eight new nuclear reactors by the end of 2026, announced Bernard Fontana, the company's CEO.

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Market Screener broke the news in on Tuesday, July 22, 2025.
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