Areva

AREVA is a French public multinational industrial conglomerate that is mainly known for nuclear power. It was created on 3 September, 2001, by the merger of Framatome and Cogema (now AREVA NC).
Its main shareholder is the French owned company CEA, but the German company Siemens also retains 34% of the shares of AREVA's subsidiary, AREVA NP, in charge of building the European Pressurized Reactor.

UK nuclear plans 'put energy in French hands'

Tuesday, March 13, 2012

Government plans for nuclear power risk handing control of the UK's climate and energy policies to France, according to four senior environmentalists.

Energy giant EDF and reactor builder Areva, big players in the UK's plans, are largely French government-owned.

Jonathan Porritt, Tom Burke, Charles Secrett and Tony Juniper say the firms are landing UK citizens with all the financial risks of nuclear new build.

They have told Prime Minister David Cameron he is being badly advised.

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Areva confirms private investigator was hired

Saturday, January 21, 2012

A senior director at Areva, France’s state-owned nuclear champion, has confirmed that he did hire a Swiss intelligence firm to examine its disastrous €1.8bn purchase of a uranium miner but denied that it was part of a plot against Anne Lauvergeon, the company’s former chief executive.

Ms Lauvergeon, known as “Atomic Anne” after 10 years at the helm of one of the world’s leading nuclear manufacturers, shocked the French business and political elite this week when she accused her former employers of spying on her and claimed that she had been victim to a long-running “plot” to destabilise her, directed from the “highest levels of the state”.

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EDF Pegs Nuclear Upgrade Cost at $13 Billion

Tuesday, January 3, 2012

PARIS—France's nuclear-safety watchdog ordered immediate upgrades to nuclear reactors to guard against natural disasters, which Électricité de France SA said could require €10 billion, or roughly $13 billion, in additional costs.

In a review following last year's Fukushima nuclear accident in Japan, the Autorité de Sûreté Nucléaire concluded that no plants needed to be shut down immediately but that steps should be taken as "soon as possible" to improve safety at France's 58 reactors.

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France's Areva to announce big losses-minister

Sunday, December 11, 2011

Dec 11 (Reuters) - French nuclear reactor maker Areva will announce large losses on Tuesday when the group unveils its strategy, French Industry Minister Eric Besson said on Sunday.

"I can confirm that Areva will announce losses," Besson told Radio J. "In all likelihood, they will be big."

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Areva unions fear up to 4,000 job losses in review -paper

Friday, October 21, 2011

PARIS Oct 21 (Reuters) - Unions at Areva Areva fear up to 4,000 staff, or 10 percent, will lose their jobs in a strategic review of the French nuclear reactor to be presented by CEO Luc Oursel in mid-December, Le Figaro newspaper said without citing sources.

Earlier this month, Areva said it was reviewing its investments, and may postpone some, after the Fukushima nuclear disaster in March impacted decisions on nuclear investments worldwide.

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Olkiluoto 3 nuke plant may be delayed further -TVO

Sunday, October 16, 2011

HELSINKI/PARIS, Oct 12 (Reuters) - Finnish utility firm Teollisuuden Voima (TVO) blamed supplier Areva for further delays to the construction of its Olkiluoto 3 nuclear power plant which may further push back operations to 2014.

The 1,600 megawatt plant Olkiluoto 3, Finland's fifth nuclear reactor, was originally scheduled to start operations in 2009 but delays and soaring costs meant TVO revised its start date to 2013.

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Siemens to quit nuclear industry

Monday, September 19, 2011

German industrial and engineering conglomerate Siemens is to withdraw entirely from the nuclear industry.

The move is a response to the Fukushima nuclear disaster in Japan in March, chief executive Peter Loescher said.

He told Spiegel magazine it was the firm's answer to "the clear positioning of German society and politics for a pullout from nuclear energy".

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EDF delays Flamanville 3 nuclear project again

Monday, August 22, 2011

PARIS, July 20 (Reuters) - EDF has delayed the completion of its first French next-generation EPR nuclear reactor by another two years to 2016, saying it expects the project's costs to rise to 6 billion euros ($8.52 billion).

In July 2010, the state-controlled utility had delayed the commercial start of the 1,600 megawatt nuclear reactor by two years to 2014. It had also previously raised its cost estimate for the project in northern France by almost 2 billion euros to 5 billion euros.

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Revealed: British government's plan to play down Fukushima

Friday, July 1, 2011

British government officials approached nuclear companies to draw up a co-ordinated public relations strategy to play down the Fukushima nuclear accident just two days after the earthquake and tsunami in Japan and before the extent of the radiation leak was known.

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Wikileaks: Russian Blackmail and Energy Mafia Surround Russian Energy Projects in Bulgaria

Wednesday, May 4, 2011

Bulgarians "risk being cold" this winter if the government did not move forward with the Russian energy projects. This is what Russian Prime Minister, Vladimir Putin said, off-the-record, to his Bulgarian counterpart, Boyko Borisov, during the summit in Gdansk in September, 2009. The tone of the sentence in question is not clear, we cannot judge if it was threatening enough, but obviously it seriously impressed Borisov in order for him to report it in a timely manner and for Putin’s words to find their place in the classified documents of the American diplomacy.

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