Annual Report 2017
Efficiency improvement
and sustainable development
Annual Report 2017
Messages
Message from
the Chairman of the Board of Directors of TVEL

Over the course of its 20-year history TVEL JSC faultlessly delivered on all contractual commitments, which allowed the Company to acquire the global stature and sustainable goodwill of a reliable supplier of safe and effective nuclear fuel

Dear colleagues and friends,

TVEL Fuel Company is one of the basic divisions of ROSATOM which is of key importance both for the Russian nuclear industry and for the development of international business. By strengthening its technological, manufacturing and financial potential, the Company continues to create new high-quality and reliable fuel products for the world nuclear power industry while serving the interests of its customers.

The priorities set by the Nuclear Fuel Division fully comply with the strategic areas of activity in ROSATOM State Corporation. Penetrating new markets and creation of new products, innovative development, operational efficiency growth, sustainable development, increasing transparency and expanding dialogue with stakeholders - all of these efforts clearly show the development vectors of the entire nuclear industry in the near future.

Message from
TVEL JSC president
10.8
USD billion

Foreign orders portfolio for products and services of FE NFC for a 10 year period (as of year-end 2017)

Dear colleagues,

In 2017, TVEL Fuel Company of Rosatom showed solid financial and operational performance, continued to strengthen its positions in the global market, develop new business areas and improve operating efficiency.

Summarizing the 2017 results, TVEL Fuel Company’s revenue amounted to RUB 180.7 billion, which is comparable to the previous year, while the net profit compared to 2016 increased by 19% up to RUB 55 billion. The ten-year export orders portfolio for traditional products increased up to USD 10.8 billion, including the fuel supply contracts for new foreign power units of Russian design: El Dabaa NPP (Egypt), Akkuyu NPP (Turkey), Ostrovets NPP (Belarus).