JSC Atomenergoprom Annual Report
JSC ATOMENERGOPROM / ANNUAL REPORT / 12
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Joint-Stock Company Atomic Energy Power Corporation (JSC Atomenergoprom or the Company) is an
integrated company that consolidates civilian assets of the Russian nuclear industry. JSC Atomenergoprom
is an organisation of State Atomic Energy Corporation Rosatom (ROSATOM).
The organisations of JSC Atomenergoprom (taking into account ROSATOM's portfolio) comprise a complete
cycle of nuclear production ranging from uranium mining to NPP construction and electricity generation.
The organisations give priority to improving product quality, introducing innovative technologies and
environmental management.
JSC Atomenergoprom (including JSC Atomenergoprom's group of companies) is the largest power
generation company in Russia and one of the leading companies on the global market for nuclear services
and technologies. JSC Atomenergoprom and ROSATOM are capable of providing turnkey solutions for
NPP design and construction, supplying fuel to NPPs throughout their entire service life, upgrading NPPs,
rendering maintenance services and providing employee training.
The Company integrates leading organisations and enterprises in the nuclear industry, whose development
started more than 75 years ago, and possesses unique experience gained across the entire range of the
nuclear fuel cycle and NPP construction technologies. In addition to traditional segments of the market
for nuclear technologies and services, JSC Atomenergoprom is actively diversifying into wind power
generation, nuclear medicine, digital products, infrastructure solutions for towns and cities and other new
areas of business.
For details, see the section 'Business Diversification'..
HISTORY OF JSC ATOMENERGOPROM
JSC Atomenergoprom was established in July 2007 pursuant to Federal Law No. 13-FZ on Peculiarities
of the Management and Disposal of the Property and Shares of Organisations Operating in the Nuclear
Power Industry and on Introducing Amendments to Selected Russian Laws of 5 February 2007, Decree
No. 556 of the Russian President on Restructuring the Russian Nuclear Power Generation Complex dated
27 April 2007 and Resolution No. 319 of the Russian Government on Measures for Establishing Joint-Stock
Company Atomic Energy Power Corporation dated 26 May 2007.
Regulations on the establishment of JSC Atomenergoprom stipulated a merger of 89 enterprises in
all nuclear power engineering and nuclear fuel cycle segments, including three federal educational
establishments. The state contributed shares of 31 companies under federal ownership to the authorised
share capital of JSC Atomenergoprom upon its establishment (including shares of JSC TVEL, JSC TENEX,
JSC Atomredmetzoloto, etc.). Other companies had been incorporated as federal state unitary enterprises
(hereinafter referred to as FSUES) and were subject to corporatisation to be merged with the nuclear
corporation. Between 2008 and 2011, 55 FSUES were reorganised into open joint-stock companies and
merged with JSC Atomenergoprom. Thus, the formation of the Company's authorised share capital was
completed.
These measures enabled JSC Atomenergoprom to start to form a new structure of the civilian branch of the
nuclear industry and introduce a uniform policy on finances, corporate governance, HR management and
management of non-core assets in 2011.
As at 31 December 2022, JSC Atomenergoprom's scope of consolidation in accordance with IFRS comprised
222 companies of different legal forms.
As at 31 December 2022, the shareholders of JSC Atomenergoprom were ROSATOM (95.3317%)³ and the
Russian Federation represented by the Russian Ministry of Finance (4.6683%).
JSC Atomenergoprom today
No.1
IN THE WORLD
in terms of the overseas
NPP construction project
portfolio
34
No.1
No.2
IN THE WORLD
IN THE WORLD
in terms of uranium
enrichment
in terms of uranium
production
35%
No.3
ON THE GLOBAL
nuclear fuel market
14%
17%
power units
of the global market
of the global market
of the global market
19.9%
wwwwwwwwww
share of NPPs in electricity generation in the Russian Federation²
1.
Including the portfolio of ROSATOM.
2. Within the Unified Power System of Russia.
JSC ATOMENERGOPROM TODAY
3.ROSATOM holds 100% of voting shares in JSC Atomenergoprom.
JSC ATOMENERGOPROM TODAY
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