France’s nuclear giant AREVA in deep financial mess – again!
Nuclear group Areva in the red again http://www.euronews.com/2016/02/26/nuclear-group-areva-in-the-red-again/ Nuclear power group Areva has reported a full-year net loss of 2.038 billion euros, its fifth consecutive annual loss.
The French state-controlled firm blamed extra costs at a reactor project in Finland for half of that.
The rest was due to restructuring expenses and other costs related to market conditions including reduced demand for uranium, nuclear fuel and services.
The group said it has enough funds for this year thanks to bank loans and will sell five billion euros worth of new shares by the first quarter of 2017 to stay afloat.
Areva is 87 percent state-owned and the French government has promised to subscribe to the new share issue.
No comments yet.
-
Archives
- August 2022 (89)
- July 2022 (368)
- June 2022 (277)
- May 2022 (375)
- April 2022 (378)
- March 2022 (405)
- February 2022 (333)
- January 2022 (422)
- December 2021 (299)
- November 2021 (400)
- October 2021 (346)
- September 2021 (291)
-
Categories
- 1
- 1 NUCLEAR ISSUES
- business and costs
- climate change
- culture and arts
- ENERGY
- environment
- health
- history
- indigenous issues
- Legal
- marketing of nuclear
- media
- opposition to nuclear
- PERSONAL STORIES
- politics
- politics international
- Religion and ethics
- safety
- secrets,lies and civil liberties
- spinbuster
- technology
- Uranium
- wastes
- weapons and war
- Women
- 2 WORLD
- ACTION
- AFRICA
- AUSTRALIA
- Christina's notes
- Christina's themes
- culture and arts
- Fuk 2022
- Fukushima 2017
- Fukushima 2018
- fukushima 2019
- Fukushima 2020
- Fukushima 2021
- general
- global warming
- Humour (God we need it)
- Nuclear
- RARE EARTHS
- Reference
- resources – print
- Resources -audiovicual
- World
- World Nuclear
- YouTube
-
RSS
Entries RSS
Comments RSS
Leave a Reply