OREANDA-NEWS. June 26, 2009. In 2008 as compared with 2007 the company’s export receipts grew by 29% to all-time high USD 3bln. The commercial exports (the HEU-LEU uranium supplies exclusive) grew by 1/3 to USD2.2bln. 

The annual report 2008 has been published on www.tenex.ru. The English version of the report will be available shortly. 

JSC "Techsnabexport" — brand name TENEX — is Open Joint Stock Company with 100 per cent shares held by the JSC "Atomenergoprom" — integrated company in the civilian sector of Russian nuclear industry. For 45 years it has carried out faultless activities at the world market, management and highly skilled employees. Tenex is the world’s largest exporter of products and services of the Russian nuclear fuel cycle with a substantial share in the industry’s total foreign trade turnover. It delivers Russian uranium products to meet reactor requirements of NPP’s in the USA — 40 per cent, Western Europe -23 per cent, Asian and Pacific Region -16 per cent. Tenex is Executive Agent under Russian-US government-to-government Agreement on deliveries to the USA of low-enriched uranium downblended from highly enriched uranium extracted from dismantled warheads (HEU-LEU Agreement). The Company operates in the high-tech sector and making investments in core facilities in the nuclear industry and machine building manufacturing high-tech equipment and components for Russian isotope separation plants. Tenex is dynamically developing Company playing a leading role in creating a competitive environment, establishing market place mechanisms and mastering new markets.