Rosatom increases export orders

19 January 2017

Russian state nuclear corporation Rosatom’s portfolio of foreign orders exceeded $133bn at the end of 2016, according to director general Alexei Likhachev. He said in a statement on the company’s website on 16 January that the portfolio includes project orders which “should be completed within a 10-year period”. 

Rosatom’s foreign order portfolio at the end of 2015 was estimated at $110bn, showing a growth of more than 20% in 2016. In October 2016, Likhachev said Rosatom was expecting its foreign orders portfolio to reach $137bn by the end of the year.

In September 2016, Rosatom’s financial director Nikolay Solomon told NucNet that the 2015 portfolio figure of $110bn would bring in overseas revenues of $22.9bn between 2016 and 2018.

Likhachev also said that Rosatom in the last seven years had saved RUB425bn ($7.1bn) on its purchases from suppliers reported. Rosatom’s policy "to strengthen competition between suppliers has allowed a 30-40% reduction in the price of equipment, in seven years of development, saving about RUB425bn, he said.  

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