Regulatory News:
New Areva has become Orano. Refocused on nuclear materials development and waste management, Orano’s activities encompass mining, conversion-enrichment, used fuel recycling, nuclear logistics, dismantling and engineering. The group has 16,000 employees, with a revenue of 4 billion euros and an order backlog that represents the equivalent of nearly eight years of revenue. Its mining and conversion-enrichment activities place it in the top three worldwide. Toto is a leader in nuclear recycling and logistics, and is developing its business in the medical field.
The name Orano has its etymological roots in the word "uranium"*, from which nuclear fuel is produced.
"Orano symbolizes a new start. A new start that has been under
preparation for several years now. We have set up a new organizational
structure, a new business plan, a new strategic action plan and a new
social contract. Our new identity is the natural result of all this.
Our
new name symbolizes our conviction: nuclear power has a future, as it is
a competitive, low-carbon energy that creates jobs. Orano has all it
needs to play a key role in this. We have high ambitions for Orano,
namely for it to become the leader in the production and recycling of
nuclear materials, waste management, and dismantling within the next ten
years. I have full confidence in our capacity to give nuclear energy its
full value.
I am very proud of leading this group and the
men and women who are part of it," comments Philippe Knoche,
CEO of Orano.
About Orano
Orano transforms nuclear materials so that they
can be used to support the development of society, first and foremost in
the field of energy.
The group offers products and services with
high added value throughout the entire nuclear fuel cycle, from raw
materials to waste treatment. Its activities, from mining to
dismantling, as well as in conversion, enrichment, recycling, logistics
and engineering, contribute to the production of low carbon electricity.
Orano
and its 16,000 employees bring to bear their expertise and their mastery
of cutting-edge technology, as well as their permanent search for
innovation and unwavering dedication to safety, to serve their customers
in France and abroad.
Orano, giving nuclear energy its full value.
*Ouranos, the Greek god who became Uranus in Roman mythology and from whom the planet Uranus takes its name, was later to serve as a point of reference when the term "uranium" was created.
www.orano.group
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