nuclear-news

Russia is privatising its State nuclear corporation Rosatom

Russia Prepares Privatization of State Nuclear Giant Rosatom, Publics BG 6 Feb 12, Russia has compiled a plan for the reorganisation of each state holding company and their subsequent entry into the market Having spent five years combining its nuclear power, engineering and research enterprises into the single entity of Rosatom, the Russian government now sees privatisation of the firm as part of a plan for industrial modernisation…

… its civil nuclear assets – for example nuclear fuel, reactor technology, supply chain, power plant operation, services and waste management – are to become a “public liability
company” with its shares “subsequently sold off….

….. Rosatom had a preliminary agreement with Siemens to partner in nuclear energy in
2009, but this faltered and in 2011 it signed with Rolls-Royce to consider possibilities “for mutually beneficial cooperation in a comprehensive series of activities in Russia, the UK and third countries.”, World Nuclear News reported. http://www.publics.bg/en/news/7037/Russia_Prepares_Privatization_of_State_Nuclear_Giant_Rosatom.html

February 7, 2012 - Posted by Christina Macpherson | business and costs, politics, Russia