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Fuel Company TVEL

Fuel Company TVEL

Fuel Company TVEL (Company) was setup for optimization of the management of the Russian nuclear facilities, enhancement of their efficiency and competitiveness in the global market. The Company is part of the fuel division of State Corporation ROSATOM and incorporates enterprises for nuclear fuel production, conversion and enrichment of uranium, manufacture of gas centrifuges, as well as scientific, research and design institutions. PJSC NCCP is one of Company’s facilities for fabrication of the nuclear fuel for power and research reactors, as well as lithium and lithium chemicals.

TVEL’s core business is fabrication and supply of the nuclear fuel for power and research reactors. Nuclear fuel is supplied for 78 power reactors in Russia and 15 countries in Europe and Asia, 30 research reactors worldwide, and all transport reactors of the Russian nuclear-powered ships. Every sixth nuclear reactor in the world is operated on the fuel fabricated by TVEL. The Company is also a supplier of a wide range of non-nuclear products to domestic and international markets: zirconium, lithium, calcium, magnets, thin-walled tubes, polishing powders, drive mechanisms, zeolite catalysts, superconducting materials, etc.

In cooperation with their own R&D subdivisions, the enterprises affiliated with the Company successfully run hydrometallurgical and metalworking productions, machine-building plants and rolling mills.

Mission of Fuel Company TVEL:

Rendering of services for enhancement of nuclear energy competitiveness through realization of the Russian energy policy in the field of supplying enriched uranium products and nuclear fuel to the operating, currently constructed, and projected NPPs in Russia and abroad, and entering the international market with nuclear fuel of PWR and BWR type.

Strategic goal of Fuel Company TVEL:

By 2013, holding 30-32% of the world market, supplying high-quality nuclear fuel cycle front-end products and services which will contribute to strengthening Company’s positions in the market of enriched uranium products and nuclear fuel.

Values of Fuel Company TVEL:

  • reliability, quality and safety of the nuclear fuel; compliance with the most stringent international requirements and standards;
  • confidence of the Company’s clientele and partners in their future achieved through establishing stable, long-term, predictable business relationship;
  • self-development and self-fulfillment of the employees of incorporated companies in a dynamically developing, successful company.