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JSC Atomenergoprom (full name — Joint Stock Company Atomic Energy Power Corporation, short name — AEP) is integrated company (currently in the process of organization), which will unite more that 80 enterprises of the civil sector of Russian nuclear industry. Atomenergoprom provides full production cycle of nuclear power engineering — from uranium production to nuclear power plant construction and energy generation. AEP already includes such large companies as JSC TVEL (17% of the world nuclear fuel market), JSC TENEX (40% of the world uranium enrichment services market), JSC ARMZ Uranium Holding (former JSC Atomredmetzoloto). The company formation is expected to be completed by the end of 2009. 100% of JSC Atomenergoprom is controlled by Rosatom State Atomic Energy Corporation.
AEP was established in order to consolidate the assets of the civilian part of the Russian nuclear industry which has a history of over 60 years. It has absorbed the unique experience accumulated across the whole range of technologies of nuclear fuel cycle and nuclear power plant construction. This huge experience is the basis of Atomenergoprom leadership in the world market of nuclear technologies.
Owners made final commitment to Fennovoima
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