Latest news
Areva to reduce wage bill by 15% since forecasts worsen
French nuclear conglomerate Areva intends to reduce 15 percent of its wage bill to save 300 million euros ($337 million) a year within three years among fading sales predictions for its reactors.
read more... 02/03/2015
Areva inks nuclear transport agreement with China’s CNNC
French nuclear firm Areva inked an agreement with Chinese utility China National Nuclear Corporation (CNNC) to form a joint-venture in the field of nuclear transportation and logistics, as stated by the company on Friday.
read more... 02/02/2015
EDF: French nuclear reactor postponed to 2017
French utility EDF declared that its Areva-designed EPR nuclear reactor in Flamanville, France, will be delayed one more year, anticipating it would be linked to the grid in 2017, a decade after the start of the construction.
read more... 19/11/2014
Areva-Siemens increases claim to $4.4 billion over Finnish reactor postponements
The French-German conglomerate Areva-Siemens, the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has raised its claim against Finnish utility Teollisuuden Voima (TVO), as stated by TVO late on Friday.
read more... 27/10/2014
France likely to win several big nuclear agreements from new trade exhibition
Areva, France's fighting reactor manufacturer, is not likely to win much in the way of huge new nuclear export agreements in spite of a major government-supported attempt to pursue clients at a trade fair this week.
read more... 14/10/2014