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The order portfolio of Russia’s Rusatom Service, part of state...
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Russia’s Atomstroyexport discusses progress and challenges
At the end of 2017, the order book of Atomstroyexport (ASE), the engineering division of Russian state nuclear corporation Rosatom, was more than $92bn, ASE president Valery...
Germany to pay compensation for reactor closures
Germany’s cabinet on 23 May agreed to grant compensation of up to €1bn to utilities for income lost due to Germany’s planned phaseout of nuclear power. The utilities affected include...
GE to buy Alstom’s stakes in energy joint ventures
France’s Alstom and US-based General Electric (GE) signed an agreement on 4 May to implement arrangements reached in 2015 which will enable Alstom to pull out of three energy...
Italy’s Sogin announces increased revenues
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
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
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...
Molten salt reactors spark interest in USA and Denmark
Terrestrial Energy USA and Energy Northwest on 31 March signed a memorandum of understanding on possible siting, construction and operation of an Integral Molten Salt Reactor (IMSR)...
Areva and Siemens settle the dispute with TVO over OL3 delay
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
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
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
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
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
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
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
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
French nuclear fuel company New Areva (formerly part of state-owned Areva) on 23 January was rebranded as Orano.
Urenco denies sales talks
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
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
France’s Framatome on 18 January announced an asset purchase agreement with Schneider Electric to acquire Schneider’s nuclear automation business
