OREANDA-NEWS. August 26, 2009. The Investment Management Department of Atomenergoprom OJSC has held an investment management seminar for representatives of the holding’s leading subsidiaries. The seminar took place at Moscow Advanced Training Institute “Atomenergo” on Aug 21 2009. The title of the course was “Investment Management. Planning for 2010: Integration with Budgeting and New Requirements to Investment Memorandum.”

Representatives of Energoatom Concern OJSC, Techsnabexport OJSC, Atomremetzoloto OJSC, TVEL OJSC, Separation and Sublimation Complex OJSC, Atomenergomash OJSC attended the workshop.

The specialists of Atomenergoprom summed up the results of the investment planning campaign 2009 and presented renovated requirements to investment memorandums and financial accounting procedures as well as the aspects of the investment planning campaign 2010 in the context of mid-term planning and budgeting. Special attention was paid to the need to create portfolios of credit projects, to include in investment memorandums the promising projects that are yet in the form of concepts, to pay heed to innovative projects aimed at strengthening the key competences of the national nuclear companies.

“We are observing certain improvements in the system of adoption and execution of investment decisions at our enterprises. All the practices we started in 2008 (gate system, project ranking, decision making by investment committees) have been applied at our companies. But this is not the limit. Our task is to form one of the most efficient and advanced investment management systems. And we can do it only by constantly improving our work in this field,” Head of the Investment Policy Department of Atomenergoprom OJSC A.Kovalevsky said.