Rusatom Overseas to restructure

1 June 2015



JSC Rusatom Overseas, which was established in 2011 to promote and implement Russian nuclear projects internationally as well as to develop a new line of nuclear non-power technologies, is to spit into three new companies.

Kirill Komarov, first deputy director general of Rosatom State Corporation said: "Over the years Rusatom Overseas has successfully grown in all three dimensions and developed a massive layer of business activities that cannot physically exist within a single company."

"The time has come to allocate these activities into three separate proven and focused businesses," he added.

Rusatom Overseas Inc will be responsible for global promotion of Rosatom's integrated offer for nuclear power plant construction projects.

Rusatom International will manage foreign nuclear plant construction and operation on the basis of build, own, operate (BOO) contracts or as a shareholder in the project companies. This activity will primarily include project management of Akkuyu NPP in Turkey and Hanhikivi NPP in Finland.

Rosatom says that a third company to be responsible for the development of new nuclear non-energy businesses will be established by the end of 2015.

Evgeny Pakermanov, who has been general director of AEM-technology since 2007, has been appointed as director general of Rusatom Overseas Inc.

Nikita Konstantinov has been appointed director general of Rusatom International. He has previously worked in various positions in nuclear energy, nuclear safety, R&D in several companies and state authorities of Ukraine, as well as in the European Commission. In 2010 he was appointed Deputy Minister at the Ministry of Energy of Ukraine responsible for nuclear energy, and was acting CEO of Energoatom from 2013 to 2014.

Dzhomart Aliev, director general of JSC Rusatom Overseas from 2012 to 2015, has moved to a new position.



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