JSC TVEL Board of Directors Discussed Preliminary Results of the Company’s Financial Activities in 2006
OREANDA-NEWS. March 27, 2007. According to preliminary results TVEL revenue comprised 28,5 billion Rbls, net profit – 3,16 billion Rbls. The company paid 4,7 billion rubles of taxes and fees for 2006, reported the press-centre of TVEL.
During the meeting it was stressed that TVEL Corporation had strengthened its positions last year considerably. Fuel supply to Czech Republic and Finland tenders wins allowed our country to return completely to the market of fuel supply for Russian design NPPs with VVER reactors. Successful completion of unique project of NPP Paks restoration works confirmed the high technological level of Russian atomic engineering. Due to tenders won in 2006 and signed contracts TVEL Corporation secured aggregate income up to 2030 in the amount of $3 billion.
The Board also considered TVEL Corporation production activities’ results. Among the main ones being commissioning of ore enrichment plant with capacity of 270 thousand tons per year, technical mining re-equipment of JSC Priargunsky Industrial Mining and Chemical Union, commissioning of JSC Dalur main technological building with production capability of 700 tons of uranium per year, commissioning of JSC Mashinostroitelny Zavod VVER-440 fuel assemblies’ production line, commissioning of NCCP ceolite catalysts and powder production line, commissioning of JSC Chepetsky Mechanical Plant steam turbine etc.
The Board of Directors approved TVEL main financial and economic goals for 2007. The planned revenue in 2007 should comprise 38,2 billion rubles and net profit – 4,58 billion rubles.
The Chairman of the meeting of the Board of Directors was the Head of the RF Presidential Executive Office Sergey Sobyanin.
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