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Rosatom understands Siemens’s decision to quit nuclear energy

September 20, 2011, 16:22 UTC+3
Russia’s state corporation Rosatom has responded with understanding to the decision of the German company Siemens to withdraw from the nuclear energy sector
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VIENNA, September 20 (Itar-Tass) —— Russia’s state corporation Rosatom has responded with understanding to the decision of the German company Siemens to withdraw from the nuclear energy sector. The head of Rosatom Sergei Kiriyenko, who is leading the Russian delegation at the ongoing 55th session of the General Conference of the International Atomic Energy Agency (IAEA), made a statement to this effect to the media on Tuesday.

According to Kiriyenko, Rosatom and the management of Siemens achieved "a high level of confidence that the Russian side is not going to lose."

"Our partnership,” he said, “will be developing, but it will not encompass cooperation in nuclear energy." One of the most promising areas of cooperation, the head of Rosatom said is radiation medicine, where, in his opinion, there is a room for creating joint ventures.

"When we were building our cooperation with Siemens, we proceeded from two basic principles that do not change,” still Kiriyenko. “One principle is the nuclear energy market is a global market, and the right strategy on it is a strategy of open partnership and alliances. For us, this logic remains the same, we'll keep moving on. The other principle is that cooperation is to be maintained with highly professional companies, and we are committed to partnerships and alliances with the leaders only."

In this regard, he recalled that Rosatom was a unique company that possesses the entire process chain.

"There are no more such companies in the world, so we have different systems of alliances and partnerships," Kiriyenko said. This concerns in particular, uranium mining, enrichment, fuel manufacturing, power generation, as well as scientific research.

"In each of these areas we focus on the best," said the head of Rosatom.

 

 

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