Ukraine: AREVA and ENERGOATOM Sign Memorandum of Understanding

Regulatory News:

Areva (Paris:AREVA) and Ukrainian nuclear utility ENERGOATOM have signed a Memorandum of understanding to reinforce cooperation between the two companies for safety upgrades of existing and future nuclear power plants in Ukraine, lifetime extension and performance optimization. The agreement covers areas and expertise in fields such as reactor maintenance and inspection, outage optimization, electric systems, filtered containment venting systems as well as equipment and material obsolescence management.

Michael Cerruti, Commercial Director of AREVA’s Reactors & Services Business Group, said: "The signature of this agreement represents a new stage in the cooperation that AREVA has established with ENERGOATOM and testifies to the company’s engagements in Ukraine. It also demonstrates AREVA’s capacity to provide services for all types of nuclear reactors, including the VVER”.

Yuriy Nedashkovsky, President of ENERGOATOM, added: "the collaboration between AREVA subsidiaries and Ukrainian nuclear power plants has started even before our companies were created. I hope that this MoU will reinforce the direct cooperation between our two companies”.

There are currently 15 reactors in operation in Ukraine.

MORE ABOUT ENERGOATOM
ENERGOATOM is the Ukrainian public enterprise formed in 1996. It operates four nuclear power plants in Ukraine (Zaporizhzhya, Rivne, South-Ukraine and Khmelnitsky) with installed capacity of 13 168 MWe.

MORE ABOUT AREVA
AREVA supplies high added-value products and services to support the operation of the global nuclear fleet. The company is present throughout the entire nuclear cycle, from uranium mining to used fuel recycling, including nuclear reactor design and operating services. AREVA is recognized by utilities around the world for its expertise, its skills in cutting-edge technologies and its dedication to the highest level of safety. AREVA’s 41,000 employees are helping build tomorrow’s energy model: supplying ever safer, cleaner and more economical energy to the greatest number of people.
www.areva.com

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