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Fennovoima
Fennovoima Ltd ( fi, Fennovoima Oy) is a nuclear power company established by Russian state's nuclear company Rosatom and a consortium of Finnish state-owned power and industrial companies. The company does not own any nuclear capacities; however, it is preparing to build the 1200 MW Hanhikivi 1 nuclear power plant at Pyhäjoki. Fennovoima Board The Chairman of Fennovoima's Board is Juhani Pitkäkoski, Senior Vice President of M&A of Caverion Corporation while the Vice Chairman is Anastasia Zoteeva, Deputy Director General for Business Development of Rusatom Energy International. Other board members are Esa Lager, former CFO of Outokumpu Plc; Juha Mäkitalo, Attorney-at-Law; Stefan Storholm, CEO of Katternö Group; Seppo Siljama, and CEO of Rusatom Energy International Nikita Konstantinov. Deputy Members of the Board are Ilkka Salonen, CEO of Garmoshka Ltd, Djurica Tankosic, President of Global Nuclear of Worley Parsons; Jussi Lehto, CEO of Keravan and Pekka Erkkil ...
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Hanhikivi Nuclear Power Plant
The Hanhikivi Nuclear Power Plant ( fi, Hanhikiven ydinvoimalaitos, sv, Hanhikivi kärnkraftverk) was a project to build a nuclear power plant on the Finnish Hanhikivi peninsula, in the municipality of Pyhäjoki. It was planned to house one Russian-designed VVER-1200 pressurised water reactor, with a capacity of 1200 MW. It was estimated that the reactor would supply 10% of Finland's energy demand by 2024. The power company Fennovoima announced in April 2021 that construction of the plant would begin in 2023 and commercial operation would start in 2029. In May 2022, in the wake of the Russian invasion of Ukraine, Fennovoima terminated its contract with Rosatom to build the power plant. Description On 21 April 2010, the Finnish Government decided to grant a permit (decision-in-principle) to Fennovoima for construction of a nuclear reactor. The decision was approved by the Parliament on 1 July 2010. The chosen plant model was Rosatom's pressurised water reactor AES-2006 w ...
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Rosatom
Rosatom, ( rus, Росатом, p=rɐsˈatəm}) also known as Rosatom State Nuclear Energy Corporation, the State Atomic Energy Corporation Rosatom or Rosatom State Corporation, is a Russian state corporation headquartered in Moscow that specializes in nuclear energy, nuclear non-energy goods and high-tech products. Established in 2007, the organization comprises more than 350 enterprises, including scientific research organizations, the nuclear weapons complex, and the world's only nuclear icebreaker fleet. The state corporation is one of the largest in the world's nuclear energy industry. The organization ranks first as the largest electricity generating company in Russia, producing 215.746 TWh of electricity, 20.28% of the country's total electricity production. The corporation also ranks first in the overseas NPP construction, responsible for 76% of global nuclear technology exports: 35 nuclear power plant units, at different stages of development, in 12 countries, as of ...
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Voimaosakeyhtiö SF
Voimaosakeyhtiö SF is a Finnish company and a main shareholder of nuclear power company Fennovoima. Established in year 2006, the company holds 66 per cent of Fennovoima's shares. It is owned by companies which operate in energy production and industry, most of which are state-owned enterprise A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (econom ...s. The company is organized on the so-called "Mankala principle", commonly used in the energy industry in Finland, where the company's shareholders are bound to buy its product at cost and to answer for its finances without limit to their liability. Organization Management Voimaosakeyhtiö SF's CEO is Matti Suurnäkki and chairman of the board is Timo Honkanen. Vice chairman is Henri Hätönen and members of the board are Marko Haapala , Ri ...
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VVER
The water-water energetic reactor (WWER), or VVER (from russian: водо-водяной энергетический реактор; transliterates as ; ''water-water power reactor'') is a series of pressurized water reactor designs originally developed in the Soviet Union, and now Russia, by OKB Gidropress. The idea of such a reactor was proposed at the Kurchatov Institute by Savely Moiseevich Feinberg. VVER were originally developed before the 1970s, and have been continually updated. As a result, the name VVER is associated with a wide variety of reactor designs spanning from generation I reactors to modern generation III+ reactor designs. Power output ranges from 70 to 1300 MWe, with designs of up to 1700 MWe in development. The first prototype VVER-210 was built at the Novovoronezh Nuclear Power Plant. VVER power stations have mostly been installed in Russia and the former Soviet Union, but also in China, the Czech Republic, Finland, Germany, Hungary, Slovakia, Bulgaria, Indi ...
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Pyhäjoki
Pyhäjoki (; literally the " Holy River") is a municipality of Finland. It is located in the defunct province of Oulu, which was split in two regions; Pyhäjoki is part of the Northern Ostrobothnia region. It is located southwest of the city of Oulu. The municipality is located on the Gulf of Bothnia at the mouth of the river Pyhäjoki. It has a population of () and covers an area of of which is water. The population density is . The municipality is unilingually Finnish. The subject of the coat of arms of Pyhäjoki refers to the large boulder of Hanhikivi ("Goose Rock") near the mouth of the Pyhäjoki river, which was considered by the Russians at the end of the 15th century as the landmark of the Treaty of Nöteborg from 1323; a crown and cross pattern is carved into the stone as a landmark. The coat of arms was designed by Olof Eriksson and approved by the Pyhäjoki Municipal Council at its meeting on June 18, 1965. The Ministry of the Interior confirmed the use of the co ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Solidium
Solidium Oy is a Finnish state-owned investment company. Founded in 1991, Solidium's original purpose was to manage the property of SKOP Bank (''Säästöpankkien Keskus-Osake-Pankki''; fi), which went bankrupt in the early 1990s recession. In 2008, the purpose of Solidium was changed to manage the listed minority shareholdings of the Finnish Government. Previously, the government directly owned the stock, and transferring them under a single company was the work of Minister of Trade and Industry Jyri Häkämies. On 1 August 2022, the net asset value of Solidium was EUR 8,968 million. Aside from Solidium, the government still directly owns shares in three listed companies as a majority shareholder. Holdings Solidium took over the state owned shares in 2008 of Kemira, Metso, Outokumpu, Rautaruukki, Sampo, Sponda, Stora Enso and Telia and in 2009 Elisa. Solidium acquired over 5% of Outotec mining technology company's shares in March 2012 while Goldman Sachs reduced its ownersh ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Areva
Areva S.A. is a French multinational group specializing in nuclear power headquartered in Courbevoie, France. Before its 2016 corporate restructuring, Areva was majority-owned by the French state through the French Alternative Energies and Atomic Energy Commission (54.37%), Banque publique d'investissement (3.32%), and Agence des participations de l'État (28.83%). Électricité de France, of which the French government has a majority ownership stake, owned 2.24%; Kuwait Investment Authority owned 4.82% as the second largest shareholder after the French state. As a part of the restructuring program following its insolvency, Areva sold out or discontinued its renewable energy businesses, sold its reactors business subsidiary Areva NP (now: Framatome) to EDF and its nuclear propulsion and research reactors subsidiary Areva TA (now: Technicatome) to Agence des participations de l'État, and separated its nuclear cycle business into a separate company New Areva (later: Orano). As ...
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Toshiba
, commonly known as Toshiba and stylized as TOSHIBA, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives (HDD), printers, batteries, lighting, as well as IT solutions such as quantum cryptography which has been in development at Cambridge Research Laboratory, Toshiba Europe, located in the United Kingdom, now being commercialised. It was one of the biggest manufacturers of personal computers, consumer electronics, home appliances, and medical equipment. As a semiconductor company and the inventor of flash memory, Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as Toshiba Memory, later Kioxia, in the late 2010s. The Toshiba name is derived from its former name, Tokyo Shibaura Denki K.K. (Tokyo Shibaura Elect ...
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Croatia
, image_flag = Flag of Croatia.svg , image_coat = Coat of arms of Croatia.svg , anthem = "Lijepa naša domovino"("Our Beautiful Homeland") , image_map = , map_caption = , capital = Zagreb , coordinates = , largest_city = capital , official_languages = Croatian , languages_type = Writing system , languages = Latin , ethnic_groups = , ethnic_groups_year = 2021 , religion = , religion_year = 2021 , demonym = , government_type = Unitary parliamentary republic , leader_title1 = President , leader_name1 = Zoran Milanović , leader_title2 = Prime Minister , leader_name2 = Andrej Plenković , leader_title3 = Speaker of Parliament , leader_name3 = Gordan Jandroković , legislature = Sabor , sovereignty_type ...
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Russia
Russia (, , ), or the Russian Federation, is a List of transcontinental countries, transcontinental country spanning Eastern Europe and North Asia, Northern Asia. It is the List of countries and dependencies by area, largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across Time in Russia, eleven time zones and shares Borders of Russia, land boundaries with fourteen countries, more than List of countries and territories by land borders, any other country but China. It is the List of countries and dependencies by population, world's ninth-most populous country and List of European countries by population, Europe's most populous country, with a population of 146 million people. The country's capital and List of cities and towns in Russia by population, largest city is Moscow, the List of European cities by population within city limits, largest city entirely within E ...
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