Company news - Page 1

Stay up to date with the latest Company news updates from the global nuclear engineering international industry

Latest Company news Update

GE to buy Alstom’s stakes in energy joint ventures
22 May, 2018
France’s Alstom and US-based General Electric (GE) signed an agreement on...
> read more

Italy’s Sogin announces increased revenues
Thursday, May 10, 2018 Italian state-owned decommissioning and waste management company Societa Gestione Impianti Nucleari (Sogin) has announced increased revenue from decommissioning activities in 2017...

Rosenergoatom to offer database and documentation support
Thursday, April 12, 2018 Russian nuclear utility, Rosenergoatom (part of state nuclear corporation Rosatom) is offering a new business product to foreign markets providing a service for the formation of...

Rolls-Royce wins modernisation contracts in China
Thursday, April 12, 2018 UK-based Rolls-Royce on 6 April signed a contract to modernise control rod system equipment in 14 of China General Nuclear Power Corporation’s (CGN’s) CPR1000 NPP units in China. It...

Areva and Siemens settle the dispute with TVO over OL3 delay
Wednesday, March 21, 2018 France’s Areva and Germany’s Siemens have agreed to pay €450m ($553m) to settle their dispute with Finnish utility Teollisuuden Voima (TVO) over delays to the construction of Olkiluoto...

Further consolidation for Framatome 
Tuesday, March 06, 2018 France’s Framatome, global testing, inspection and certification company Bureau Veritas and UK-based announced on 2 March that they had signed an agreement on 13 February to form...

MHI and JNFL complete investment in Orano
Thursday, March 01, 2018 Mitsubishi Heavy Industries (MHI) and Japan Nuclear Fuel Limited (JNFL) have completed an investment of €250m ($307m) to acquire 5% stakes in Orano, the newly formed company created...

Rosatom details investment plans
Thursday, March 01, 2018 In a report to Russian President Vladimir Putin on 27 February, Alexei Likhachev, director general of state nuclear corporation Rosatom, detailed the company’s investment programme.

EDF profits fall
Monday, February 19, 2018 State-controlled Electricite de France (EDF) on 16 February announced a net profit of €2.8bn ($3.4bn) for 2017, a 31% decrease compared with 2016, which it attributed to low prices and...

Rosatom sets up company for 3D printing
Thursday, February 15, 2018 Russian state nuclear corporation Rosatom has created a new unit, Rusatom-Additive Technologies (RusAT), for the development of 3D printing, fuel company Tvel (part of Rosatom)...

Kinetrics acquires Wood Group’s Romania business
Friday, February 02, 2018 Canada-based Kinectrics said on 29 January it had completed its acquisition of the Nuclear Romania business from the Wood Group (formerly Amec Foster Wheeler).

More consolidation for China’s nuclear industry
Thursday, February 01, 2018 China National Nuclear Corp (CNNC) is taking over nuclear power plant builder China Nuclear Engineering & Construction (CNEC).

Nuclear restructuring continues in France as New Areva becomes Orano
Wednesday, January 24, 2018 French nuclear fuel company New Areva (formerly part of state-owned Areva) on 23 January was rebranded as Orano.

Urenco denies sales talks
Monday, January 22, 2018 European uranium enrichment company Urenco said in a statement on its website on 19 January that it is “not in discussions with the Japanese government in relation to a sale of...

Toshiba agrees to sell its claims in Westinghouse
Monday, January 22, 2018 Japan’s Toshiba Corp has agreed to sell claims in its US-based nuclear subsidiary, Westinghouse Electric Company, to bolster its capital by JPY410bn ($3.68bn) by March, to help to...

Framatome to acquire Schneider Electric’s nuclear automation business
Monday, January 22, 2018 France’s Framatome on 18 January announced an asset purchase agreement with Schneider Electric to acquire Schneider’s nuclear automation business

Toshiba settles guarantee obligation to VC Summer
Monday, January 15, 2018 Japan’s Toshiba on 12 January completed the early payment of $1.86bn – the remaining outstanding amount of its parent company guarantee obligation – to Scana Corporation subsidiary...

Dominion and Scana plan merger
Monday, January 08, 2018 US utilities Dominion Energy and Scana Corporation have agreed to combine in a stock-for-stock merger.

Areva NP becomes Framatome and Atmea is reorganised
Monday, January 08, 2018 French company New NP, the subsidiary of the Areva NP subsidiary responsible for the Areva Group's nuclear reactor operations, has been renamed Framatome following its sale to...

Canada’s Brookfield to buy Westinghouse
Monday, January 08, 2018 Canadian investment fund Brookfield (Brookfield Business Partners with institutional partners) said on 4 January that it is to acquire 100% of Westinghouse Electric Company from...

Russia signs more nuclear cooperation agreements
Thursday, January 04, 2018 December saw Russia sign various nuclear agreements with Uzbekistan, Brazil and Sudan as well as strengthening is co-operation with the Philippines.

News By Category view all

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.