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News Link • Russia

Russia Has Captured Two-Thirds of the International Nuclear Power...

•, Nazrin Mehdiyeva

Rosatom is a strategic, vertically integrated and fully state-owned company,which manages the assets of the Russian nuclear industry at all stages of the nuclear fuel cycleRosatom is present in all segments of the civil nuclear market: from mining uranium deposits in Russia and abroad to producing nuclear fuel commodities through conversion and enrichment, and building reactors and power plants, often with bespoke technological solutions. The company coordinates the work of a large network of engineering, infrastructure and construction companies as well as research institutes and technology parks.

The president appoints Rosatom's director general – in 2016, Putin appointed First Deputy Minister of Economic Development Alexei Likhachev to replace Sergei Kiriyenko, who was appointed First Deputy Chief of Staff of the Presidential Administration – and members of its supervisory board.

The company's business strategy is developed based on the goals set by the state for the civilian branch of the Russian nuclear industry and approved by the government. One of Rosatom's key goals in the current strategy is to increase its international market share and establish itself among the top three world leaders in every segment of the global nuclear market by 2030.

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