Category: Business
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ROSATOM took part in the IAEA Nuclear Science and Technology Conference
The first IAEA Ministerial Conference on Nuclear Science and Technology “Addressing Current and Emerging Development Challenges” was held November 28-30, 2018 in Vienna (Austria). The event was visited by about 1,100 delegates from 137 states and 15 international organizations. At the conference opening the key speakers were IAEA Director General Yukiya Amano, UNIDO Director General…
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ROSATOM completes longevity testing of modified nuclear fuel for NPPs in Finland and Hungary
OKB Gidropress research and experiment facility, a part of Rosatom engineering division Atomenergomash, has finished longevity testing of fuel assembly models with optimized hydro-uranium ratio for VVER-440 reactors. This new modification of second-generation nuclear fuel is developed for the Paks NPP in Hungary and Loviisa NPP in Finland within the contracts between TVEL Fuel Company…
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Supported by Rosneft, Doha hosts an exhibition of paintings of the Tretyakov Gallery “Russian Avant-Garde: Pioneers and Direct Descendants”
In the capital of Qatar, Doha, the grand opening of the exhibition of the State Tretyakov Gallery collection of paintings “Russian Avant-garde: Pioneers and Direct Descendants” was held. Rosneft Oil Company is the general partner of the event. The exhibition, organized together with Qatar Museums and coincided with Qatar Russia 2018 Year of Culture 2018,…
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Russia and Argentina signed a strategic document, envisaging improved cooperation in the peaceful use of nuclear energy
Buenos Aires, December 1st, 2018 – Russia and Argentina signed a Strategic document on the margins of the G20 summit, confirming their partnership in the peaceful use of nuclear energy. Alexey Likhachev, Director General of ROSATOM, signed the document on Russia’s behalf; Javier Iguacel, Argentina’s Minister of Energy, signed it on Argentina’s behalf. Both the…
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“Wild Edens: Turkey”, a new feature documentary dedicated to the fight against global warming, premieres in Ankara
The premiere of a new documentary “Wild Edens: Turkey”, the second in a series that highlights the issue of climate change, took place in Ankara, Turkey. Focusing on the flora and fauna in the one-of-a-kind natural habitats of Turkey, the programme highlights the unique and delicate habitat of the Kars Wetland, the Caucasus, and the…
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Nuclear Industry Suppliers Forum organized by ROSATOM held in Cairo (Egypt)
Nuclear Industry Suppliers Forum organized by ROSATOM and Egyptian Nuclear Power Plant Authority (NPPA) held in Cairo (Egypt) on November 25-26, 2018. Osama Osran, Deputy Minister of Electricity and Renewable Energy of Egypt, Amgad el-Wakeel, Chairman of the Nuclear Power Plants Authority (NPPA) and Kirill Komarov, first Deputy Director General for Corporate Development and International…
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The IAEA OSART mission confirmed Rosenergoatom’s commitment to safety principles
A team of IAEA experts confirmed the commitment of Rosenergoatom JSC (a part of the Rosatom Electric Power Division) to safety principles. The experts also pointed out the Company’s several good practices, which can benefit the entire global nuclear community. It is to be recalled that on 11-27 November, 2018, Rosenergoatom first hosted the OSART…
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ROSATOM and its subsidiaries have become winners of the annual reports contest run by the Rating Agency Expert RA
ROSATOM’s companies once again were among winners of the Annual Reports Contest run by the Rating Agency Expert RA (RAEX). Traditionally, the function dedicated to giving awards to winners of the 2017 annual reports contest and publication of results of the rating were held in the framework of the Annual Training Conference “Annual Report: experience…
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ROSATOM has piloted an innovative annealing technology enabling life-extension of large-capacity reactors
26 November 2018 (Balakovo, Russia) – ROSATOM has completed the annealing of a large capacity reactor vessel on power unit 1 (VVER-1000) at Balakovo NPP (Saratov region, 900 km from Moscow) for the first time in the world. This unique technology, designed by Russian scientists from National Research Center “Kurchatov institute”, allows to extend reactor…
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Severstal’s Corporate Secretary Artem Bobulich triumphs at the Director of the Year Awards 2018
November 23, 2018 Artem Bobulich, Corporate Secretary of PAO Severstal (“Severstal”; “the Company”), one of the world’s leading vertically integrated steel and steel-related mining companies, was a winner in the “Corporate Director/Corporate Secretary” category at the Director of the Year Awards 2018. The Awards are presented annually by the Association of Independent Directors and the…
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ROSATOM and German Companies Discussed Prospects for Business Cooperation
(Berlin, November 20) The German Atomic Forum (DAtF) in cooperation with the German Eastern Business Association and ROSATOM held a joint seminar “Future B2B in the Field of Nuclear Energy between Russia and Germany” on 19-20 November in Berlin. The seminar continued the bilateral initiative formalized in the Memorandum on cooperation in the field of…
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Zvezda shipyard started serial manufacturing of Aframax-class tankers
First steel cutting ceremony for the second Aframax-class tanker of 114,000 deadweight tons took place at Zvezda shipyard in Bolshoy Kamen, Primorsky Region. The ceremony was attended by Rosneft Oil Company CEO Igor Sechin and Acting Governor of Primorsky Region, Oleg Kozhemyako. The ceremony signaled the beginning of serial manufacturing at Zvezda shipyard of modern…
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Start of the core catcher installation at Kursk NPP-2 Unit 1
On November 13, 2018 installation of the device for catching the molten core material (core catcher) has been commenced at Kursk NPP-2 Unit 1 (ASE, ROSATOM Engineering Division is the General Designer and General Contractor). The first element of the device – the core catcher vessel was installed in the design position. It is a…
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The Russian Direct Investment Fund and Rusatom Healthcare to partner AAMG (Singapore) in Nuclear Medicine Centre in Malaysia
Singapore, November 14, 2018 – The Russian Direct Investment Fund (“RDIF”), Russia’s sovereign wealth fund, Singapore’s Asian American Medical Group (“AAMG”), and JSC Rusatom Healthcare, a subsidiary of ROSATOM, have agreed to jointly develop a nuclear medicine center in Iskandar Puteri, Malaysia. The agreement was signed today on the sidelines of ASEAN Summit. The proposed…
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Rosatom opened representative office in Japan
On November 12th, a ceremony took place in Tokyo marking the opening of Rosatom Japan, ROSATOM representative office. “Tokyo has historically been among our key foreign partners, our cooperation dating back over 20 years. Rosatom holds leading positions in uranium product exports to Japan, supplying nine of the country’s ten energy companies. Expanding our presence…
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Igor Sechin holds working meeting with the CEO of Saudi Aramco Amin Nasser
Chief Executive Officer of Rosneft Igor Sechin held a working meeting with Chief Executive Officer of Saudi Aramco Amin Nasser. During the meeting, the heads of the two major hydrocarbon producers discussed a wide range of matters related to mutual interests and cooperation prospects between Rosneft and Saudi Aramco. RosneftInformationDivisionNovember 9, 2018
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Russian Scientists Create Industrial Prototype of Unique Biological Preparation
Russian scientists have created an industrial prototype of a unique biological preparation designed to clean the coast line and waters of the North seas from oil and oil products spills. The discovery is part of a project being implemented by the Arctic Research and Design Centre (subsidiary of Rosneft corporate Research and Development complex) and…
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Severstal jois iitiative to create a Commo Ecoomic Space betwee Lisbo ad Vladivostok
November 9, 2018 PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, has signed in support of an initiative to create a Common Economic Space between Lisbon and Vladivostok. The relevant document was signed on November 9 in Minsk, during the conference “Eurasian Economic Union: significance, achievements, development prospects”. The working…
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Severstal to aouce strategy update at its 2018 Capital Markets Day
November 7, 2018 PAO Severstal, one of the world’s leading vertically-integrated steel and mining companies, is hosting its annual Capital Markets Day in London today. The Company’s top-management will announce an update to Severstal’s strategy, aimed at further strengthening its financial performance, maximising value creation and enhancing shareholder returns. Ahead of the event, PAO Severstal…
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ROSATOM Team Wins at the WorldSkills Hi-Tech for the Fourth Time
The select team of ROSATOM became the winner in the unofficial team scoring at the WorldSkills Hi-Tech 2018. The National Championship of cross-industry blue collar jobs in hi-tech sectors was held in Yekaterinburg on October 24-28. ROSATOM team was represented in 20 out of 32 championship competences. Participants from ten corporate divisions collected 16 gold,…
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More than 5,000 students visit ROSATOM Festival of Science and Culture in Delhi and Mumbai
Over 5,000 students from over 50 schools in India attended the events of the six-day ROSATOM Festival of Science and Culture. The event, organized by the Russian State Atomic Energy Corporation ROSATOM in association with ASE (Rosatom Engineering Division), Embassy of the Russian Federation to the Republic of India, and Nehru Science Center in Mumbai,…
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Power start-up of Tianwan NPP unit No.4 took place in China
Power start-up of Tianwan NPP (TNPP) power unit No.4 being constructed in China under the Russian NPP design with VVER-1000 reactors took place on October 27 2018 at 01:53 msk. The fourth power unit produced the first kilowatts of output to the national grid system. In compliance with the permit obtained from the Chinese regulatory…
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Igor Sechin makes key report at XI Eurasian Economic Forum in Verona
Rosneft Chief Executive Officer Igor Sechin made the key report during the XI Eurasian Economic Forum in Verona (Italy). The main topic of the forum is “Economy of trust and diplomacy of business from the Atlantic to the Pacific”. The head of Rosneft noted the high importance of the issues discussed at the forum and…
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Forbes Publishes List of 25 Richest Russian Women, Wife of Moscow’s Ex-Mayor Remains Top
The wife of former Moscow mayor Yury Luzhkov and Russia’s only female billionaire, Yelena Baturina, has topped an annual list of the country’s 25 richest women for the sixth year in a row, according to the latest rating published by the Russian edition of Forbes on Thursday. The magazine estimated Baturina’s fortune at $1.2 billion…
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JSC Isotope presents its products and expands its business at EANM 2018
JSC Isotope participated in the annual congress of European Association of Nuclear Medicine (EANM 2018) held on October 13-17 in Dusseldorf (Germany). At the EANM exhibition, JSC Isotope and Rusatom Healthcare presented ROSATOM’s capabilities in supplies of medical products produced by such enterprises as Karpov IPC, SSC RIAR, IPPE, IRM, ECP, and others. At the…
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Deputy Director General of ROSATOM Nikolai Spasskiy had a meeting with President of the Republic of Serbia Aleksandar Vučić
On October 23 in Belgrade Deputy Director General of ROSATOM Nikolai Spasskiy had a meeting with President of the Republic of Serbia Aleksandar Vučić. The meeting was also attended by Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Serbia Aleksandr Chepurin and Minister without Portfolio in charge of Innovation and Technological…
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Severstal Board of Directors approves key log-term ESG objectives
October 24, 2018 The Board of Directors of PAO Severstal, one of the world’s leading steel and steel-related mining companies, has approved the Company’s long-term occupational and industrial safety and environmental protection objectives. Occupational and industrial safety Severstal is dedicated to consistently improving safety for all of its employees. The Company has set an objective…
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Supported by Rosneft, Berlin Hosts Symphony Orchestra Concert Conducted by Yuri Temirkanov
With the support of Rosneft, a concert by the Saint Petersburg Philharmonic Orchestra under the direction of conductor Yuri Temirkanov was held in Berlin. The performance took place as part of the programme of the Grand European tour of the orchestra. During the tour, Yuri Temirkanov and the orchestra performed 11 concerts in the best…
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Rosneft Oil Company Contributes to Saving Polar Bear Cub on Dikson Island
A 1.5 year-old polar bear cub was rescued on Dikson Island with help of Rosneft Oil Company and Wildlife Conservation and Research Society. The rescue operation for the little warden of Arctic lasted almost a week. Under supervision of an experienced veterinarian and zoologist, the bear in a special cage was delivered to Krasnoyarsk nature…
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President of Uzbekistan S. Mirziyoyev and President of Russia V. Putin launched the First NPP Construction Project in Uzbekistan
On October 19, 2018 a solemn ceremony was held in Uzbekistan to celebrate the launch of the first NPP construction project in Uzbekistan. The event marked the beginning of investigation studies to select the construction site for the future NPP. The President of Uzbekistan Shavkat Mirziyoyev and the President of Russia Vladimir Putin, who was…
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Atomenergomash shipped a set of key equipment for the Kudankulam-3 (India)
AEM Technologies company (belongs to the Engineering Division of ROSATOM – Atomenergomash JSC) shipped a set of key equipment for the third unit of the Kudankulam NPP in India. Four steam generators assembled, which are the main element of the reactor unit and provide the transformation of nuclear energy produced by the reactor into power…
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Rosneft expands the application of international certificates in HSE
According to the results of the audit, Rosneft has received certificates of the Company’s Integrated Management System compliance with two international standards – ISO 14001:2015, which establishes the requirements to environmental management systems, and with Standard BS OHSAS 18001:2007, which sets the requirements to H&S management systems functioning. In September-October 2018, the auditors of DQS…
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Foreign journalists have familiarized themselves with the progress of Belarusian NPP units construction
Representatives of more than 20 foreign mass media companies from Bangladesh, Hungary, Germany, Lithuania, Poland, Ukraine and Belarus have visited Belarusian NPP. The journalists were given a chance to familiarize themselves with the progress of construction of the first Belarusian Nuclear Power Plant. In particular, the representatives of mass media companies visited the site designed…
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Open doors day took place at the Akkuyu NPP site (Turkey)
Open doors day took place at the Akkuyu NPP site (Turkey) On October 6 in Büyükeceli (Province of Mersin) AKKUYU NUCLEAR Project Company organized the first Open doors day at the construction site of Akkuyu NPP (Turkey). Residents of the nearest localities of Gülnar district, Mersin province, were guests of the event. Through a guided…
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Russia and India ink cooperation pact to implement new nuclear projects
October 5, New Delhi – On the sidelines of the 19th India-Russia Annual Bilateral Summit in New Delhi today the two countries signed a document for cooperation in implementation of new nuclear power projects The Action Plan for Prioritization and Implementation of Cooperation Areas in the Nuclear Field identified jointly by Russia and India was…
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The Akademik Lomonosov completed charging its nuclear reactors with fuel
The Baltijskiy Zavod specialists completed October 2, 2018 loading nuclear fuel into the second of two reactors – the portside reactor – of the world-only floating nuclear power plant ‘Akademik Lomonosov’, which is based on the site of FSUE Atomflot (a ROSATOM’s subsidiary) in Murmansk. Thus, the second stage of preparing the FNPP to the…
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ROSATOM initiated the discussion on opportunities of global partnership with nuclear power development at “Russian Energy Week”
On the 3rd of October 2018 in Moscow at the 2nd International Forum “Russian Energy Week” ROSATOM held the round-table session “Nuclear Power – the Basis for Global Partnership and Current Development”. The event was attended by Deputy Director General of the IAEA Mikhail Chudakov, Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó,…
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Rosenergoatom: the power unit No 4 of Rostov NPP was put into commercial operation 3 months earlier the scheduled date
On 28 September, 2018 on Nuclear Industry Employee Day at Rostov NPP (a branch of Rosenergoatom JSC, a part of Electric Power Division of ROSATOM) one of this year’s key events for Russian nuclear power industry happened – the power unit No 4 with VVER-1000 reactor was put into commercial operation three months earlier the…
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Power unit No 4 of Tianwan NPP has been brought to minimum controllable level
On 30 September 2018, 14:27 (Beijing time) the reactor plant of Tianwan NPP unit No 4 that is under construction in China with the technical assistance of ROSATOM Engineering Division, has been brought to minimum controllable level of power. This is the final stage of the first criticality procedures. The first criticality procedures of power…
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Atomenergomash and GE to supply turbine hall equipment for El Dabaa NPP (Egypt)
AAEM LLC (a joint venture of Atomenergomash JSC and General Electric) has entered into the contract with DEZ JSC (acting on behalf of Atomstroyexport JSC, a general contractor for the El Dabaa project) to supply turbine hall equipment for Units 1 to 4 of the El Dabaa nuclear power station in Egypt. Under the contract…
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U.S. Sanctions Driving Russian Billionaires Into Putin’s Arms
Kremlin.ru The Trump administration is helping Vladimir Putin achieve a goal that’s eluded him for almost two decades — getting Russia’s billionaires to start repatriating some of their assets. Relatively muted sanctions imposed during the Obama era over the conflict in Ukraine have only widened in scope and severity since Trump took office last year.…
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TVEL Fuel Company of ROSATOM will supply a qualification batch of superconductors for the Future Circular Collider
TVEL JSC and the European Organization for Nuclear Research (CERN) have signed an Agreement on R&D in the framework of the Future Circular Collider (FCC) Study. The document is an addendum to the existing framework agreement on industrial partnership between the parties, which is aimed at cooperation in the field of superconducting materials (SCM). According…
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Rusatom Healthcare and Asian American Medical Group sign MoU to Develop Nuclear Medical Centre in Johor Bahru (Malaysia)
Singapore, 19 September, 2018 – ROSATOM, through its subsidiary, Rusatom Healthcare, and Australian Securities Exchange-listed Asian American Medical Group (“AAMG”) signed a Memorandum of Understanding (“MoU”) today to develop a Nuclear Medical Centre in Johor Bahru in Malaysia, bordering Singapore. The MoU was signed at the 9th Session of the High-Level Russia-Singapore Inter-Governmental Commission in…
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Head of ROSATOM addressed the 62nd Annual Regular Session of the IAEA General Conference
On September 17, 2018 the 62nd General Conference of the International Atomic Energy Agency (IAEA) was opened in Vienna. The Conference is held under the aegis of commitment to the UN Sustainable Development Goals and protection of the environment. The event traditionally brings together high-ranking delegates from more than 160 IAEA Member States to discuss…
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Russia to develop and manufacture physical protection systems for the Rooppur N-plant
On September 17, on the sidelines of the International Atomic Energy Agency (IAEA) General Conference in Vienna, Bangladesh and Russia signed a Protocol to amend the Agreement between the Government of Russia and the Government of the People’s Republic of Bangladesh on partnership in the construction of a nuclear power plant on the territory of…
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TENEX Participates in IAEA Initiative Implementation
During the 62nd IAEA General Conference that took place on September 17-21, 2018 in Vienna (Austria), TENEX and IAEA concluded a contract on low enriched uranium (LEU) transit necessary for successful implementation of the IAEA LEU Bank international initiative. The document was signed by Oleg Kozin, Deputy Director General for Logistics at TENEX, and Mark…
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JSC Science and Innovations and the Japanese Atomic Energy Agency signed the Implementing Arrangement Concerning Information Exchange
JSC Science and Innovations (scientific division of ROSATOM) and the Japanese Atomic Energy Agency (JAEA) signed the Implementing Arrangement Concerning Information Exchange on Reactor Physics Experiments for Minor Actinoid Transmutation for Radioactive Waste Processing and Management on September 13, 2018 in Vladivostok at the Eastern Economic Forum. The Arrangement was signed within the framework of…
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Russia and Uzbekistan agreed to build a NPP in the republic
Russia and Uzbekistan have signed a cooperation agreement to build a nuclear power plant in the republic. The signing ceremony was held after the negotiations of the prime ministers of Russia and Uzbekistan. The documents were signed by Head of the Cabinet of Russia Dmitry Medvedev and Head of the Government of Uzbekistan Abdulla Aripov.…
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TVEL Fuel Company of ROSATOM organized IAEA Technical Meeting on High Enriched Fuel
TVEL Fuel Company of ROSATOM organized the IAEA Technical Meeting on light water reactor fuel enrichment beyond the 5% limit. The international seminar brought together over 40 experts from 12 countries and IAEA. The three-day discussions were attended by nuclear industry experts, including representatives of national regulatory bodies, nuclear power generation companies, nuclear fuel producers…
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Murmansk to host the dialogue forum on the Arctic sustainable development
On September 26-27, 2018 Murmansk will host the 11th Regional Public Dialogue Forum “Cooperation for the Arctic Sustainable Development” which is carried out under the auspices of the Public Council of ROSATOM with participation of the V. I. Vernadsky Non-governmental Environmental Foundation, the Russian Green Cross and a number of other public environmental organizations. The…
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ROSATOM and Institute of Technology of Cambodia signed a Memorandum of Understanding
Phnom Penh, August 28, 2018. — Rosatom Southeast Asia and Institute of Technology of Cambodia (ITC) signed a Memorandum of Understanding today pursuant of the Intergovernmental Agreement on cooperation in nuclear energy use for peaceful purposes, signed between Russia and Cambodia last year. Institute of Technology of Cambodia will provide a basis on which to…
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Atomenergoprom has published its consolidated financial report for six months of 2018
JSC Atomenergoprom has published its interim abridged consolidated financial report of the Group as per the International Financial Reporting System (IFRS) for six months which ended on June 30, 2018. The consolidated earnings decreased by RUB 6.2 billion (or 25) and constituted RUB 312.9 billion. The drop in earnings of RUB 12.1 billion was predominantly…
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Nuclear fuel loading has commenced at the 4th power unit of Tianwan NPP (China)
On August 25, 2018 the first fuel assembly was loaded into the core of Tianwan NPP Unit 4 in China. “Today a significant milestone in the construction of Unit 4 of Tianwan NPP was achieved. Fuel loading is the commencement of the unit’s first criticality procedures. Unit 4 will then enter the start-up stage to…
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The new modification of Russian nuclear fuel loaded into Temelin NPP reactor in Czech Republic
As the result of the scheduled outage at unit 2 of Temelin NPP in Czech Republic, a batch of 48 nuclear fuel assemblies of new modification TVSA-T.mod.2 (produced by TVEL Fuel Company of Rosatom), has been loaded into VVER-1000 reactor. In comparison with the TVSA-T fuel assemblies previously supplied to Temelin NPP, the new modification…
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ROSATOM Organizations Completed 1st Phase of Project on Fukushima Daiichi NPP Debris Properties Research
TENEX in a consortium with V.G. Khlopin Radium Institute (KRI), Research Institute of Atomic Reactors (RIAR) and FSUE RosRAO have successfully fulfilled the first phase of works on the research project of the ageing properties of fuel debris. The project is subsidized by the Japanese government; its results will be used in the further works…
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Installation of the core catcher has commenced at Roopur NPP (Bangladesh)
The installation of the device for catching the molten core material (“core catcher”) has commenced at the construction site of power unit No 1 of Roopur NPP. “This is a unique protection system of the NPP and the first large-size equipment that is being installed in the reactor building. Its weight is about 200 tons.…
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ROSATOM issues 2017 Annual Report
The state-owned corporation ROSATOM issued the Annual Report on work in 2017. According to the report, there was a growth of all ROSATOM financial indicators. As per IFRS, in 2017, revenues increased by 10.2% up to RUB 967.4 billion. International revenues reached US $6.1 billion (by 9.4% compared to2016). In 2017, ROSATOM continued its…
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Leningrad NPP: the assembly of the turbine island main equipment has been completed at the construction site of the Unit No 2
At the construction site of the innovative power unit No 2 with the VVER-1200 reactor of Leningrad NPP, the specialists completed the assembly of all the main equipment of the turbine building. The work inside the turbine building is conducted according to the schedule. “To date, we have put the stator, separators, moisture separator-reheaters, the…
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FSUE RosRAO presented front-line robotic technologies for radioactive waste management in Japan
epresentatives of FSUE RosRAO (a ROSATOM’s enterprise) presented front-line anthropomorphic technologies for radioactive waste (RAW) management at the 3rd International Forum on the Decommissioning of the Fukushima Daiichi Nuclear Power Station, which was held in Iwaki (Fukushima Prefecture, Japan) on August 5-6. The forum was attended by Japanese and foreign experts, including William Magwood, General…
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Zambia Center for Nuclear Science and Technology premiered at the largest Zambia trade show
Thousands of visitors received information materials about the role of nuclear in Zambia’s sustainable economic growth during the 92nd annual Agricultural and Commercial Show. The Zambian Ministry of Higher Education in collaboration with ROSATOM hosted a dedicated information stand on the future Zambia Center for Nuclear Science and Technology (CNST). Representatives of ROSATOM and Zambia’s…