NNRF Inc (NNRI)

[benzdealeror2]

NUCON's expertise and focus is technical solutions for high-end environmental markets in the Former Soviet Union, Europe & Asia. NUCON has identified markets and demand for the cleaning up of nuclear waste and other markets for NuCap(TM) including the Chernobyl Shelter. The strategic alliances of NUCON-RF include ROSENERGOATOM ("ROSATOM"), the operating utility of all Russia's nuclear power plants and ATOMSTROYEXPORT ("ASE"). ASE was established by the Ministry of the Russian Federation for Atomic Energy, to promote the export of Russian-made products for nuclear power projects abroad.

http://biz.yahoo.com/bw/060516/20060516005806.html?.v=1

Why is the above significant? outsourcing to other countries..Atomstroyexport has been given the go ahead to build the first reactor in Vietnam.

Russia ready to build Vietnam's 1st nuclear plant UPDATE
05.24.2006, 03:12 PM


MOSCOW (AFX) - Russia wants to build Vietnam's first nuclear reactor, the Russian nuclear agency said after taking part in a nuclear energy exhibition in Hanoi.

Vietnam presented its nuclear energy development strategy to 2020 at the exhibition, showing plans to build a first 2000-4000 megawatt nuclear reactor starting 2010, for which construction would be open to international offers.

'Taking into account Vietnam's goals in the nuclear sector', the Russian delegation 'transmitted a technical construction proposal for a nuclear research centre with a 10 megawatt experimental reactor', Russian agency Rosatom said in a statement.

Russia also wants to provide a technical proposal for the construction of a first nuclear reactor in the southeast Asian country and to study ways to finance it, the statement said.

Atomstroiexport, part of the Russian delegation in Vietnam, is the only Russian group to build nuclear reactors abroad, including in China and India.
Russia, like the United States, says it seeks the controlled worldwide development of civil nuclear power to help improve energy security.

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