Business & EconomyInternational Economy

Silent Russian Nuclear Dominance: Rosatom Controls 90% of Energy, Science, and Medical Markets

Alexey Likhachov, director of the Russian state corporation Rosatom, announced that the company holds more than 90% of the global market in nuclear power plant construction, nuclear science centers, and nuclear medicine. He made the statement during a strategic session on workforce preparation for Russia’s foreign economic activities.

روساتوم - Rosatom
MBH, CC BY-SA 4.0, via Wikimedia Commons

Vasily Konstantinov, director of international technical projects at Rosatom, explained that the company is involved in an international scientific platform based on a multipurpose fast neutron research reactor located in Dimitrovgrad, Russia. More than 20 countries and foreign organizations participate in this project.

ديميتروفغراد - Dimitrovgrad
Ludvig14, CC BY-SA 3.0, via Wikimedia Commons

In a related development, Hungarian Foreign Minister Péter Szijjártó announced that Washington lifted sanctions imposed on the Russian Gazprombank at the end of June, which had previously hindered funding for the Paks-2 nuclear power plant project in Hungary overseen by Rosatom.


Related topics: El Dabaa Nuclear Plant.. Russia announces largest project in the world from Cairo

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