OREANDA-NEWS. March 1, 2010. With the aim to optimize the management decision-making process during the process of creation of the Fuel Company ownership contour, the CEOs of JSC Engineering Centre Russian Gas Centrifuge (IC RGC) and JSC Associated Company Separation and Sublimation Complex (OAO OK RSK), Victor Nazarenko and Vladimir Fedoseyev,  were appointed  Vice-presidents of JSC TVEL while holding both offices.

As stated before, the main task related to the establishment of the Fuel Company is to build an optimum management structure of the Russian NFC enterprises. The asset consolidation gives opportunities to create synergy enabling to better compete on global markets and fully meet the requirements of both Russian and international customers due to costs reduction.

At the same time, the Fuel Company will improve starting positions for the establishment of global alliances with Western companies and will launch the outstripping development of the scientific component necessary for innovative development of the nuclear fuel production capacities.

The Fuel Company will associate gas centrifuge manufacturing enterprises, separation and sublimation plants, and fuel fabrication plants.