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Russia wins 'half' of compensation claimed in Belene lawsuit

Corporate

16 June 2016

The International Court of Arbitration has ruled in favour of Russia's Atomstroyexport over its claim for compensation after Bulgaria cancelled the Belene nuclear power plant it had been contracted to build. The Bulgarian Energy Ministry has stressed however that the Court ordered the payment of half of the total sum the Rosatom subsidiary had sought to receive.

Russia and Korea expand fast reactor research

New Nuclear

06 June 2016

NIIAR-KAERI - June 2016 - 48Russia's Research Institute of Atomic Reactors and the Korea Atomic Energy Research Institute have signed a memorandum of understanding on scientific and technical cooperation.

Reactor vessel assembly completed for second Belarusian unit

New Nuclear

26 May 2016

Assembled RPV for Ostrovets 2 - 48AEM-Technology has completed assembly of the reactor vessel for the VVER-1200 unit 2 of the Belarus nuclear power plant, in Ostrovets, in the Grodno region. Based in Volgodonsk, Russia, AEM-Technology is part of Atomenergomash, itself a subsidiary of Russian state nuclear corporation Rosatom.

Outer shell installed on dome of second Novovoronezh unit

New Nuclear

09 June 2016

Novovoronezh 7 dome - second tier - 48Rosatom has announced installation of the outer shell of the containment building dome at unit 2 of the Novovoronezh II nuclear power plant.

Russia's Rosatom signs $10 billion worth of deals at AtomExpo

Corporate

01 June 2016

Rosatom estimates that the "economic potential" of agreements and memoranda signed at AtomExpo 2016 is as much as $10 billion. Its director general, Sergey Kirienko, said yesterday that about 30 documents had been signed during the three-day annual conference and exhibition the Russian state nuclear corporation is hosting in Moscow this week.

Alliance brings Russian fuel to US market

Uranium and Fuel

24 May 2016

Global Nuclear Fuel Americas (GNF-A) and Russian nuclear fuel company TVEL have agreed to work together to introduce Russian-designed pressurized water reactor (PWR) fuel into the USA.