20.02.2008 // ITAR-TASS
Atomstroyexport and Technopromexport have agreed to set up a joint venture for building and managing power facilities abroad and in Russia
In their memorandum signed on Feb 19 2008 the heads of the companies confirmed the necessity of creating a big national player for strengthening their positions on target sales markets.
Atomstroyexport and Technopromexport are the biggest Russian engineering companies working abroad and have common suppliers and technological approaches to design and construction of power plants.
“The establishment of a joint venture is an optimal scheme for implementing big joint energy projects. We are creating an enterprise able to effectively promote Russian technologies on prospective foreign markets,” says the deputy director of Atomenergoprom, the president of Atomstroyexport Sergey Shmatko.
“We have necessary technologies and experience of construction power plants, while our partners are experienced in building nuclear power plants abroad. This step will help us to reduce marketing costs and to avoid unnecessary competition between the companies, including on the home market,” says the director general of Technopromexport.
Rosatom and Rostekhnologies state corporations have supported the idea.
Atomstroyexport CJSC is the leading Russian company implementing contracts for the construction of nuclear power plants abroad. Today, Atomstroyexport is the only company in the world that is simultaneously building five nuclear power units abroad: in India, Iran and Bulgaria. In 2007 it launched two nuclear power units at Tianwan NPP in China.
Technopromexport OJSC is one of the world’s leading constructors of power facilities and the biggest Russian engineering company in electro-energy sector. The company implements energy projects of any complexity on a “turn-key” basis. Technopromexport builds thermal power plants (steam-gas, gas-turbine, geo-thermal, diesel), water power plants, power transmission lines and sub-stations as well as exports electricity.
