Rosenergoatom to become joint stock company

Publish date: September 2, 2005

The Russian Federal Nuclear Agency, or Rosatom, is to submit a draft to the government of the law development on Rosenergoatom’s conversion into a joint-stock company until the end of Septemberá Vremya Novostey reported.

The working group intends to approve the final versions of the conception on converting into a joint-stock company and the draft by the middle of September. Then the documents will be submitted to the legislation governmental commission headed by the vice-prime minister Alexander Zhukov. The conception of Rosenergoatom reconstruction implies that all the current nuclear plants and the ones under construction will remain branches. The nuclear materials will also remain state property.