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Foundation in place for Iter Tokamak

New Nuclear

28 August 2014

ITER Tokamak floor final pour 48The concrete basemat has been completed for the Tokamak complex of the Iter fusion reactor project at Cadarache in southern France.

Banks attracted to new offer by nuclear industry

Corporate

07 July 2014

Areva has proved that financing nuclear industry projects can be an attractive prospect for the banking sector, Jérôme Guttieres, vice president of the French group's financial operations and treasury department, tells World Nuclear News.

Alstom chooses GE alliance

Corporate

23 June 2014

Alstom's board has unanimously recommended its shareholders accept a revised offer for its power and grid businesses from GE that will see Alstom retain a 50% interest in its nuclear steam turbine business. The French state has also agreed to acquire up to 20% of Alstom.

Areva losses belie order book

Corporate

04 August 2014

Areva has cited deteriorating nuclear market conditions as a reason behind a net loss for the first half of 2014. Nonetheless, the company's €44.9 billion ($60 billion) order backlog is over €3.5 billion higher than it was at the end of 2013.

Designing the Cigéo disposal site

Waste and Recycling

02 July 2014

Cigeo vision (Andra) 69x48Work is to start on the design of waste handling procedures for Cigéo, France's future underground disposal site for radioactive waste.

Areva welcomes new forging press

Corporate

23 June 2014

New press at Areva Creusot Forge 48A new hydraulic forging press has been inaugurated at Areva's Creusot Forge manufacturing site in Burgundy by French prime minister Manuel Valls. It replaces an old press for nuclear forgings at the plant.