The Limited Times

Now you can see non-English news...

Orano, the heir to Areva, wants to grow, recycle and diversify

2021-04-22T18:06:15.105Z


The group, which aims to grow its activity by 3% per year, is counting on the Asian market. From the uranium mine to the reprocessing of nuclear waste. Orano, the little heir to the great Areva, a specialist in the fuel cycle of nuclear power plants, is starting to take his head out of the water. To read also: Me, Laurence Gazagnes, Covid-19 referent of Orano Admittedly, with 3.7 billion euros of turnover achieved in 2020, the group weighs less than half of the historical Areva. But he


From the uranium mine to the reprocessing of nuclear waste.

Orano, the little heir to the great Areva, a specialist in the fuel cycle of nuclear power plants, is starting to take his head out of the water.

To read also:

Me, Laurence Gazagnes, Covid-19 referent of Orano

Admittedly, with 3.7 billion euros of turnover achieved in 2020, the group weighs less than half of the historical Areva.

But he has been a beneficiary since 2019. And its managing director, Philippe Knoche, is on the way to making people forget Areva's heckled past.

The objective of the circular economy

That of failed bets in ultimately unusable uranium mines when many predicted soaring ore prices - that was before Fukushima.

The costly slippages of the construction site of its Finnish EPR.

The abysmal losses of nearly 5 billion euros in 2014.

To restore order in the group, the French state decided in mid-2015 to split the activities into three.

EDF had to recover the plant manufacturer who was going through a bad patch, Areva NP, renamed Framatome.

The wind activity is sold to what

This article is for subscribers only.

You have 80% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-04-22

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.