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Message from the President of TVEL JSC

Юрий Оленин
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This anniversary year was marked by key events and efficient performance. The positions on the external markets were substantially strengthened. Significant progress was made in promotion of Russian nuclear fuel TVS-K for PWR light water reactors of Western design.

Yu. А. Olenin

President of TVEL JSC

Dear colleagues,

In 2016 TVEL — the Fuel Company of ROSATOM — marked the twentieth anniversary. This anniversary year was marked by key events and efficient performance.

The positions on the external markets were substantially strengthened. Significant progress was made in promotion of Russian nuclear fuel TVS-K for PWR light water reactors of Western design. In May 2016 TVEL JSC and Global Nuclear Fuel-Americas (GNF-A) (USA) established a strategic alliance with the purpose of licensing, marketing and fabrication of this type of fuel assemblies.

In December 2016 TVEL JSC and Vattenfall Nuclear Fuel AB (Sweden) signed the contract to supply TVS-K to Ringhals NPP, starting from 2021. This is the first contract for export of TVS-K fuel, it provides opportunities for TVEL JSC to expand its export geography due to the market entry of the fuel for PWR reactors.

Considerable works was done to introduce more efficient types of nuclear fuel on Russian and foreign NPPs. Unit 6 of Kozloduy NPP (Bulgaria) is charged with the first batch of modified fuel TVSA-12; modern nuclear fuel is being successfully introduced on Temelin NPP (Czech Republic). Successful pilot supply of FA with REMIX-fuel to Balakovo NPP. The contract for supply in 2017–2018 of fuel for experimental fast neutron reactor CEFR (PRC) and the first commercial supply of five FA P-20 in Netherlands are of major significance in the segment of the research reactors.

Testing of new updated gas centrifuge and launch of its series production became the next stage towards technological leadership of TVEL Fuel Company on the world market of the front end of nuclear fuel cycle.

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Revenue from general industrial activities in 2016 was RUB 10.2 billion

TVEL paid considerable attention to development of non-nuclear business lines. Revenue from general industrial activities in 2016 was RUB 10.2 billion, which is by 21% higher than the indicator 2015. ChMP JSC is among the leaders of the products sales, in just one year it managed to conquer more than half of the Russian market of titanium welding wire. NCCP JSC is dynamic in development in this segment, its revenue from non-nuclear business in total revenue structure makes around 30%. In the nearest 3–4 years Novosibirsk Chemical Concentrates Plant intends to increase the revenue to the volume of nuclear production.

TVEL JSC successfully implements the strategic initiatives “Social Responsibility” and “Environmental Responsibility”. TVEL Fuel Company spent RUB 226.1 million on social and charitable programs with the view to develop the territories of presence of its enterprises. Environmental expenses of the enterprises of TVEL JSC made RUB 2.106 billion.

The emphasis was made on staff management issues. Investments into development of competences of the employees made RUB 105 million in 2016. As regards personnel engagement (81%), TVEL Fuel Company is among the top three divisions of ROSATOM.

In 2017 the Company continues cooperation with its foreign and Russian partners. The reserve created in 2016 and the preceding years will open new geography and product markets. In the field of the nuclear industry TVEL JSC will enhance its credibility of innovative Russian company, contributing to development of the fuel and energy complex of Russia, and provision of energy security of its partner countries.

1.
Москва
АО «ТВЭЛ», АО «ВНИИНМ»,
АО «МЗП», АО «ЦПТИ»

2.

Московская область

АО «МСЗ» (электросталь)

3.

Санкт-Петербург

Филиал ООО «НПО «Ценротех»

4.

Владимирская область

АО «ВПО «Точмаш» (Владимир),
ПАО «КМЗ» (Ковров)

5.

Удмуртская республика

АО ЧМЗ (Глазов)

6.

Свердловская область

АО «УЭХК»,
ООО «НПО «Центротех» (Новоуральск)

7.

Новосибирская область

ПАО «НЗХК» (Новосибирск)

8.

Красноярский край

АО «ПО «ЭХЗ» (Зеленогорск)

9.

Томская область

АО «СХК» (Северск)

10.

Иркутская область

АО «АЭХК» (Ангарск)