9.12 Rosatom State Atomic Energy Corporation (USA) Overview
ROSATOM State Atomic Energy Corporation was established in 2007 with headquarters at Moscow., Russia. Company is a global leader in nuclear technologies market. Company had about 256,600 employees in 2015 and has a global presence in about 42 countries. ROSATOM world’s first floating nuclear power plant is currently being built at the Baltiysky Zavod shipyard in Saint Petersburg, Russia. It contains two KLT-40C naval propulsion reactors with a 35 MWe capacity each. The reactors are mounted on a barge that is 144 meters long by 30 meters wide and expected to commission by the end of 2017.
ROSATOM produces annually approximately 3,000 tons of uranium in Russia, and some 5,000 tons in other countries. ROSATOM brings together over 350 enterprises and organizations, including the world's only nuclear icebreaker fleet. ROSATOM is tasked with implementing the uniform state policy on the uses of atomic energy as well as fulfilling the Russian Federation’s international obligations on the peaceful uses of atomic energy.
The company operates in business segments such as, namely uranium mining, power generation, nuclear services and maintenance, nuclear medicine, non-nuclear equipment manufacturing and nuclear icebreaker fleet.
Strategy
The company sees international market as a source for growing their revenue and market share. As company holds about 17% of the world’s nuclear fuel market, it plans to grow by technological innovations and dominate the nuclear market. Company believes in developing new product for the domestic and international market in nuclear power plant and nuclear research reactor construction. Company plans to reduce the production cost and the lead time to ensure company’s productivity, without hampering safety concerns relevant with nuclear energy and nuclear radiation.
