NUKEM GmbH signs sale contract for subsidiary company NUKEM Technologies GmbH
NUKEM GmbH, Alzenau, has signed a contract to sell its subsidiary company NUKEM Technologies GmbH to the Russian Atomstroyexport. NUKEM Technologies is active worldwide in engineering, management of radioactive waste and decommissioning nuclear facilities, and with these activities is an outstanding match for the portfolio of Atomstroyexport.
The management of NUKEM GmbH is certain that it has selected a viable and strategic future investor for its subsidiary. CFO Dirk Martens said, “Atomstroyexport offers our colleagues in the engineering business the chance to further develop their activities and markets. So jobs at NUKEM Technologies are secured and can be expanded in connection with the global renaissance of nuclear energy.”
NUKEM GmbH will concentrate on its core business in future. Together with its American subsidiary, NUKEM GmbH is one of the world’s largest providers of nuclear fuel services.
Atomstroyexport belongs to the Russian nuclear holding Rosatom and employs a workforce of around 1,200. The enterprise is one of the world leaders in nuclear power plant construction.
Closing is expected to be by the end of 2009; it has been agreed that contract details will not be disclosed.