nuclear-news

Doubts about AREVA and the future of France’s nuclear power empire

Areva reshuffles ops to stave off split-up PARIS, Jan 28 (Reuters) – French nuclear reactor maker Areva (CEPFi.PA) announced a reorganisation of its businesses on Thursday, in a move aimed to shore up its credentials as an integrated nuclear power provider that cannot be split apart.

The embattled state-owned company said it was reshuffling operations to improve synergies and customer satisfaction.

Areva has recently come under fire for losing a multi-billion euro contract to build nuclear reactors in Abu Dhabi in part because it did not tailor its offer to meet local needs.

The company has also struggled to finish a project to build next generation nuclear reactors in Finland and is embroiled in legal proceedings with its partner there over delays and cost overruns……….President Nicolas Sarkozy has commissioned Francois Roussely, the former head of EDF (EDF.PA), to produce an analysis on the future of the French nuclear industry. The report is due by the end of April. (Reporting by Nina Sovich; Editing by Jon Loades-Carter)…http://uk.reuters.com/article/idUKLDE60R0QQ20100128

January 29, 2010 - Posted by Christina Macpherson | France, politics | antinuclear, AREVA, nuclear, nuclear costs, nuclear secrecy, nuclear spin, radiation, radioactive, uranium