Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

Rosatom Uranium One Opened a Trading Company In the Swiss City Of Zug
September 21, 2017 22:33


Subsidiary of state corporation, Rosatom Uranium One, has opened a trading company - Uranium One Trading AG - in the Swiss city of Zug. This was said in a statement of the company.

It is noted that the main purpose for creating a trading company is to increase the share in the international market of natural uranium through short- and medium-term transactions. "The competition in the field of long-term contracts on the part of traders is growing in the world uranium market," said Vasily Konstantinov, President of Uranium-One Group.

According to him, this happened due to the fact that many world energy companies have expanded the lists of potential suppliers, traditionally consisted only of uranium producers, due to trading companies. State Corporation – Rosatom – in 2010 bought a controlling stake of Uranium One for $ 640 million. First, the US authorities opposed the deal, fearing that the Russian party would gain control over 20 percent of the US uranium production capacity, but subsequently the deal was approved.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

7 Most Ridiculous Bills in Russia It's only the beginning Russian Police Celebrates Its Professional Holiday - Most Awesome Viral Videos Russian Gas Price Has Fallen LavkaLavka Accepts Bitcoins

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Russian sanctions   Sergey Yesenin  Vladimir  Censorship  Russian churches  Tatyana Mavrina  Russian Actresses  Russia Calling  Mercedes-Benz Fashion Week Russia  Murmansk  Sakhalin  Baikonur Spaceport  Anatoly Serdyukov  Archeology  Moscow  Komi Republic  Russian business  Maya Plisetskaya  Russian Museum  Soviet Music  Smolensk Oblast  International Astronautical Federation  Gold Mask in Estonia  Russian mobile operators  Tver  Denis Davydov  Chukotka  Stars on Baikal   Rossia 10   satellite  Andreapol  Fires  New Year celebrations  Painting  disproportionate  Russian Literature  Constructivism  Russian tourism  Garage  Old Moscow  Andrei Zvyagintsev  Yandex.Money  Alexander Lebedev  Russian Cinema  Russian history  Counterfeit  Kirov  Schools  Exhibitions in Moscow  Russian Traditions 

Travel Blogs
Top Traveling Sites