TVEL posts 2009 sales of RUB 58.3 billion

21 May 2010

Russian fuel company TVEL said that revenues from the sale of goods, works and services in 2009 was RUB 58.3 billion ($1.87 billion), which is 12,1% higher than the same period in 2008. The main factor behind the increase in revenue was the growth of revenue from the sale of nuclear fuel assemblies for Russia (31,6%) and exports abroad (13%), it said.

The 2009 split of domestic sales to export was 41:59. The company made a net profit of RUB 9 billion, which is 2.471 billion higher than last year.

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