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Rosatom intends to open a subsidiary in Brazil before yearend

May 16, 2014, 8:36 UTC+3 RIO DE JANEIRO
Rosatom's new Brazilian subsidiary will be responsible for operations across Latin America and will start building closer relations with the present and potential clients in the regions
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RIO DE JANEIRO, May 16. /ITAR-TASS/. The State Nuclear Energy Corporation (Rosatom) plans to open its subsidiary in Brazil before yearend, Ivan Dybov, Vice-President of the JSC "Rusatom International Network", told ITAR-TASS in an interview. He leads a Rosatom enterprises' delegation who attended the international conference on the development of nuclear power engineering. The conference ended on Thursday.

Dybov said, "Rosatom's new Brazilian subsidiary will be responsible for operations across Latin America and will start building closer relations with the present and potential clients in the regions, look for new business opportunities for the Russian atomic sector, and adapt the output and services of Rosatom enterprises to the local market".

The Vice-President of the "Rusatom International Network" stressed that in South America the Russian atomic corporation "already works actively with Argentina, which, just as Brazil, has a nuclear power station (NPS) and plans to build new nuclear power units".

Rosatom supplies isotope products to Argentina. "In South America as a whole, nuclear medicine, which needs isotope materials and a special equipment, develops quite actively," Dybov pointed out.

Rosatom's subsidiary will be based in Rio de Janeiro, since this Brazilian city is traditionally the place where all foremost national energy companies are concentrated, such as, for example, the Petrobras and the Energonuclear. Dybov said, "It is precisely in  Rio de Janeiro that two NPS of the Angra complex are in operation and a third power unit is under construction."

"We are aware that Brazil has earnest plans for developing the generation of nuclear power and this is why we show our possibilities here and demonstrate the advantages of our comprehensive proposal for the construction of NPS as well as resources for a safe and reliable withdrawal of nuclear power facilities from operation, and arrangements for temporary storages of nuclear wastes and their final utilization," the Rusatom vice-president said. He emphasized, "Readiness in each country to ensure a high level of localization and maximum development of cooperation with local industrial companies are an important element of such comprehensive proposal".

"Rosatom can implement projects not only in the nuclear power engineering sector but also in the fields of traditional and alternative types of generation of power, such as, for example, that with the use of solar energy and wind power," Dybov pointed out.

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