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Type | Open joint stock company |
---|---|
Industry | Nuclear industry |
Founded | 1996 |
Headquarters | Moscow |
Key people | Vitaliy Konovalov (Founder) Sergei Sobyanin (Chairman of the board) Anton Badenkov (Acting president) |
Products | Nuclear fuel |
Revenue | $3.17 billion[1] (2017) |
$983 million[1] (2017) | |
$82 million[1] (2017) | |
Total assets | $6.76 billion[1] (2017) |
Total equity | $5.45 billion[1] (2017) |
Parent | Atomenergoprom (Rosatom) |
Website | www.tvel.ru |
The TVEL Fuel Company (TVEL) is a Russian nuclear fuel cycle company headquartered in Moscow. It has operated since 1996.
The company was founded by Vitaliy Konovalov in 1996.[2] He headed the company until 2000.[2]
It works mainly in uranium enrichment and the production of nuclear fuel. TVEL belongs to the Atomenergoprom holding company (part of Rosatom).
TVEL supplies fuel to the Czech Republic, Slovakia, Bulgaria, Hungary, Ukraine, Armenia, Lithuania, Finland, China and India. In the world, 73 power reactors (17% of the world market by number) and 30 research reactors are currently running with TVEL made fuel.[citation needed]
TVEL is developing the TVS-K fuel assembly for Western-designed reactors. As of 2017 TVS-K is in pilot usage, and TVEL hopes it will be ready for commercial supply in 2021.[3]
The chairman of the board of directors is Yuri Olenin.[4] The president of TVEL is Natalia Nikipelova.[5]