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27 Apr, 2007 12:45

Russia combines atomic energy assets

Russia combines atomic energy assets

Russia has been combining all of its atomic energy assets into one company. The new joint stock venture will be called Atomenergoprom – or the Atomic Energy Complex.

The company will unite the entire atomic energy cycle – from the production of uranium and nuclear fuel to the construction, operation and decommissioning of nuclear power plants.

The announcement of its formation came in a presidential decree from Vladimir Putin.

From the outset, the venture will be fully owned by the Federal Government.