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State Atomic power Corporation Rosatom

Company

Power
Since 2007
Russia
Moscow
st. Bolshaya Ordynka, d.24/26


Top managers:
Likhachev Alexey Evgenyevich
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The State Atomic Energy Corporation Rosatom (abbreviated as Rosatom State Corporation) manages all nuclear assets of the Russian Federation, including both the civilian part of the nuclear industry and the nuclear weapons complex.

Owners:
Ministry of Energy of the Russian Federation (Ministry of Energy)

Content

Revenue billions Ths. rub

Number of employees
2014 year
700
100px

Assets

Owners

+ Rosatom

ROSATOM combines commercial activities in its work, ensuring the development of nuclear power and nuclear fuel cycle enterprises, and the fulfillment of the functions assigned to it by the state - ensuring national security (nuclear deterrence), nuclear and radiation safety, as well as the development of applied and fundamental science. In addition, the State Corporation is authorized on behalf of the Russian Federation to fulfill Russia's international obligations in the field of peaceful use of atomic energy and the non-proliferation regime of nuclear materials.

The Russian nuclear industry is building modern foreign projects according to the "build-own-manage" scheme. From the technical development of the sketch to the moment of its future disposal, including maintenance, spare parts, modernization and extension of operational terms. Each of these stages is extremely difficult in itself, and the "supply" of fuel is completely available only to a few companies in the world.

Aktivs

At the beginning of 2019, the company includes more than 350 enterprises and organizations, including:

Rosatom produces its own nuclear fuel, builds innovative reactors and nuclear power plants around the world.

ROSATOM is the largest generating company in Russia, which provides more than 40% of electricity in the European part of the country. Rosatom occupies a leading position in the global nuclear technology market, occupying:

  • 1 place in the world in terms of the number of simultaneously built nuclear power plants abroad;
  • 2 in the world in terms of uranium reserves and 5 in the world in terms of its production;
  • 4 in the world for the generation of atomic electricity, providing 40% of the global market for uranium enrichment services and 17% of the nuclear fuel market.

In 2019, Rosatom is building factories for the production of PAN-precursor, which allows you to create carbon fiber based on your own raw materials. It opens production facilities in a number of countries for the processing of lithium, which is necessary in the manufacture of batteries for computers, tablets and smartphones, and the scope of activity of the Russian state corporation is actively expanding to hydropower and wind generation, nuclear medicine and the construction of centers of science, equipment for gas and oil technology and thermal power and composite materials[1]





Performance indicators

2023: Revenue growth 2.3 times to 2.5 trillion rubles

In 2023, Rosatom raised 2.5 trillion rubles, which is 2.3 times more than five years earlier. Director General Alexei Likhachev announced this at the end of February 2024 at the government hour in the State Duma.

In 2023, Rosatom's revenue broke its all-time high. The previous record was dated 2022 - then the revenues of the state corporation were measured at 1.7 trillion rubles.

Rosatom raised 2.5 trillion rubles

According to Likhachev, in 2023, Rosatom's revenue outside Russia also turned out to be a record, exceeding $16 billion, of which more than $12 billion in revenues came from friendly countries. The total investment of the state corporation in 2023 amounted to 1.2 trillion rubles, the head of Rosatom said.

As Kommersant writes on February 28, 2024, with reference to the early materials of Rosatom, in 2024 the investment program may amount to about 1.8 trillion rubles. For the next ten years, the company estimated its "atomic order" at 15 trillion rubles, of which 6 trillion rubles will be spent on the production of high-tech equipment.

According to Likhachev, until 2030, Rosatom plans to place orders for non-nuclear products (mechanical engineering, equipment, electrical equipment, metal products, tools, chemistry) inside Russia for at least 13 trillion rubles.

The head of Rosatom also said that the share of civilian products in the total volume of all enterprises of Rosatom defense industry in 2023 amounted to 52%. Likhachev stressed that the state corporation is not going to stop at this indicator and "plans to reach the range of 65-70% by 2030." Rosatom annually fulfills the state defense order by 100%, the general director of the state corporation added. By February 28, 2024, Rosatom's net profit for 2023 was not disclosed.[1]

2022

Record revenue - 1.7 trillion rubles

In 2022, Rosatom's revenue amounted to more than 1.7 trillion rubles, which was a new record for the corporation. Its general director Alexei Likhachev announced this at a meeting with Prime Minister Mikhail Mishustin at the end of January 2023. In 2021, Rosatom raised about 1.5 trillion rubles.

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We came in almost all directions, in our main, gross indicators to record results... Some positions have grown multiple, but still the fulfillment of the state defense order - 100%. And the total indicator of the fulfillment of our planned values ​ ​ is more than 105%, - said Likhachev, quoted by the press service of the cabin.
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Rosatom in 2022 received record revenue

Likhachev, in a conversation with Mishustin, added that in the past year and a half, the state corporation has been working in "new conditions." According to him, thanks to the Ministry of Health, by the end of January 2023, Rosatom has a whole order for the production of medical accelerators, radiation therapy plants. In the last days of 2022, they entered medical institutions directly, the head of Rosatom emphasized.

In general, he noted that the state corporation has about 16-17 developments of medical equipment. All of them are absolutely competitive in their parameters, but were not in full demand, since the import market pushed them a little, Likhachev said.

Abroad, by the end of January 2023, 23 power units are under construction. The only country where the project has been stopped is Finland, Likhachev noted. According to him, Rosatom disputes the decision of the Finnish authorities in court in order to at least return the funds spent. The general director of Rosatom cited an example of an existing precedent: the state corporation received over €600 million for stopping the Bulgarian Belene project by decision of international arbitration.[2]

Export increase by 15%

In 2022, Rosatom's exports exceeded $10 billion, an increase of 15% compared to the previous year. The general director of the state corporation Alexei Likhachev spoke about this at the end of December 2022.

Monthly revenues from nuclear technology exports
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Foreign revenue is growing from year to year. This [2022] year we will overcome a psychologically important barrier in the supply of our products abroad in the amount of $10 billion, "Likhachev said in a conversation with Izvestia.
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The head of Rosatom predicted an increase in supplies abroad to $10 billion

According to him, 15% export growth is "far from the limit." Likhachev noted that by the end of 2022, Rosatom is implementing the construction of 23 nuclear facilities abroad. The state corporation also has contracts with foreign customers for the supply of fuel and enriched uranium products.

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Somewhere work is ahead of schedule, for example, in the PRC, Turkey. Construction sites are unfolding somewhere - this is Egypt, Hungary. And in India and Bangladesh, we are already discussing new sites, "he said.
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Alexey Likhachev noted that the company's portfolio of foreign orders for ten years ahead "is stable at the level of $200 billion" even in the current geopolitical situation, "which means that foreign revenue is growing from year to year."

In May, RAOS Project, which is part of Rosatom, lost its contract with the Finnish company Fennovoima for the construction of the Hanhikivi-1 nuclear power plant. The organization broke the contract on its own initiative, explaining that the operation in Ukraine "aggravated the risks for the project," and many supply chains were violated.

Rosatom has been feeling a negative impact for the past two to three years, the director said. At first, the COVID-19 coronavirus pandemic had an impact - "not so much restrictions on movement as the complete destruction of global logistics and supply chains." Now the impact is associated with "the current situation, a huge number of restrictions, restrictions," he added.[3]

Investing more than 1 trillion rubles per year

In 2022, Rosatom invested more than 1 trillion rubles in its projects and technologies. This was announced on December 22, 2022 by the general director of the state corporation Alexei Likhachev.

According to him, investments have actually doubled over the past two years, and since 2007, they have grown 16 times. The head of Rosatom called the state corporation one of the most prominent investors in Russia.

Rosatom's investments in 2022 exceeded a trillion rubles

Earlier, Likhachev said that Rosatom's investment plan for construction in 2022 will exceed the level of 2021 by 70% and amount to 1.3 rubles.

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Our investment programs multiply from year to year. We earn a lot of money, but the absolute majority of them invest again in development and, first of all, in construction projects, "Likhachev pointed out.
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In early October 2022, TASS, citing the press service of Rosatom, reported that over 10 years the volume of investments of the state corporation in construction had grown sixfold. In 2022, it was 10 years since the creation of a modern project management system for the creation of nuclear power facilities in Russia and abroad, the company explained to the agency the importance of dynamics. In 2021, the corporation invested 601 billion rubles in the construction.

In the annual report for 2021, Rosatom does not disclose the size of the investment program, noting only that Rosenergoatom (manager of Russian Rosatom nuclear power plants) fulfilled the investment program in 2021 by 105.5%.

In December 2022, Rosatom announced the following performance indicators:

  • The revenue of the state corporation in the open part (without defense industry) in 2022 increased 4.7 times and amounted to 1.7 trillion rubles;
  • The state defense order in 2022 was 100% completed, despite a significant increase in its volume.
  • The production of nuclear power plants and wind farms of Rosatom will amount to at least 225 billion kWh in 2022.
  • The record production of nuclear power plants is almost 223.3 billion kWh, which is 900 million kWh more than in 2021, the installed capacity utilization rate (KIUM) is also a record - ​86,2%.[4]

2020

Combined revenue of Rosatom - 13,585,054 thousand rubles

At the end of 2020, Rosatom increased revenue by 41% to 13,585,054 thousand rubles. The data includes the combined revenue of two insourcing companies of Rosatom with the following turnover for 2020: JSC Greenatom (11,023,518 thousand rubles), JSC Consist - Telecom Operator (2,561,536 thousand rubles). In the TAdviser ranking "The largest IT-insourcing companies in Russia," Rosatom took fourth place. In 2019, the same figure was 9,616,308 thousand rubles.

Rosatom's foreign revenue reached $7.5 billion (+ 3 %)

In 2020, Rosatom's revenue from sales outside Russia reached $7.5 billion, which is 3% more than a year earlier. This is stated in the annual reporting of the state corporation.

According to Interfax with reference to this document, Rosatom's portfolio of nuclear power plants abroad as of the end of 2020 amounted to 36 power units, taking into account the Belarusian NPP power unit No. 1 introduced in 2020. During the year, work was carried out at sites in 9 countries for the construction of 25 power units. The total portfolio of foreign orders for the 10-year period by the end of December 2020 amounted to $138.3 billion against $140.1 billion a year earlier.

In 2020, Rosatom's revenue from sales outside Russia reached $7.5 billion, which is 3% more than a year earlier

The head of Rosatom, Alexei Likhachev, said earlier that the state corporation by 2030 expects to increase the share of revenue from the implementation of projects abroad to 60% in total revenue.

The new strategy of Rosatom provides for the growth of revenue of the state corporation by 2030 in dollar terms three times, up to $49-50 billion or up to 4 trillion rubles in ruble terms. At the same time, the share of new products in revenue should reach 40%, foreign revenue - exceed 50%.

The growth of electricity production at nuclear power plants and revenue relative to the planned indicators in 2020 is primarily associated with the optimization for 130 days of the total duration of repair campaigns, which made it possible to receive an additional 2.4 billion kWh, as well as with the transition of power unit No. 6 of the Novovoronezh NPP from a 12-month to 18-month fuel (inter-repair) cycle. In addition, in May 2020, a floating nuclear thermal power plant (PATPP) in Chukotka was put into operation, and in October a new power unit No. 6 of the Leningrad NPP with a VVER-120 reactor was connected to the country's unified energy system, the press service of Rosatom reports[5]

2017-2018

In 2018, 67% of the total global nuclear power plant construction market was implemented by Moscow.

By 2017, Rosatom's 10-year portfolio of foreign orders amounted to $133.6 billion. By the end of 2018, the company signed foreign contracts for another 26 billion, at the same time becoming the undisputed market leader in the number of simultaneously implemented nuclear reactor projects.

Projects

Rosatom is the world's leading corporation for the construction of nuclear power plants. Important customers of such works are China and India.

By 2018, using breakthrough technologies and solutions, Russia offered the world the most reliable nuclear projects by this time. Floating nuclear power plants, the latest reactors, the best protective systems in terms of their reserves, schemes for construction and commercial cooperation, which others simply do not have.

Informatization

A separate article is devoted to the creation, development and operation of Rosatom information systems on TAdviser:

Competence Center of the National Program "Digital Economy"

Rosatom is one of the competence centers within the framework of the national program "Digital Economy of the Russian Federation."

On March 1, 2019, Rosatom announced tenders for the development of roadmaps for the development of nine "end-to-end" digital technologies for a total of 109 million rubles. The corresponding notifications are published on the public procurement portal. Read more here.

History

2023

Results of the II All-Russian Olympiad on Matmodeling VOMM-2023

The results of the II All-Russian Olympiad on Mathematical Modeling among Students (VOMM-2023), which is being held at the initiative of Rosatom State Corporation, were announced in Moscow during the Conference on Mathematical Modeling in the recently opened Atom Pavilion at VDNKh. Read more here.

US and EU refuse to impose sanctions against Rosatom due to dependence on its supplies

Main article: Uranium (market)

An attempt to pressure Russia through fomenting conflict in Ukraine is forcing the US and EU to look for alternative sources of enriched uranium to run their reactors. As of August 2023, about half of the world's supplies are from Russia, which has become an unpleasant reality for the leaders of the United States and Europe.

Facilities for the production of enriched uranium for nuclear power plants in countries of the world and their share of exports to the United States

Western governments have avoided imposing sanctions on Rosatom because it could hurt their own nuclear industry and economy more than Russia's.

Rosatom's uranium mining and processing assets for August 2023

Opening of the digital center in NRNU MEPhI

On May 18, 2023, the Digital Center of Rosatom was opened at the NRNU MEPhI.

The digital center of Rosatom will become a reference platform for involving students in the digital direction and information technologies of the digital industry. The Center has three laboratories in the most popular areas of digitalization of high-tech industries: artificial intelligence, virtual and augmented reality, as well as information security. Read more here.

Plans to buy one of the largest DSS and server manufacturers in the Russian Federation Kraftway

At the end of January 2023, it became known about Rosatom's plans to buy Kraftway. Companies have already begun to negotiate. Read more here.

Investing in the developer of the platform for simulating hacker attacks "ControlHack"

Rosatom has invested in the developer of the KontrolHak hacker attack simulation platform. The press service of the Russian state corporation announced this on January 13, 2023. Read more here.

2022

TAdviser interview with Director of Mathematical Modeling Dmitry Fomichev

To questions TAdviser about the situation with the replacement of imported engineering, ON prospects for the development of the platform, "" LAGOS answered, Dmitry Fomichev director of mathematical modeling of Rosatom, advisor on Minister of Digital Development, Communications and Mass Media of the Russian Federation a voluntary basis. Read more here.

"Atomexpo - 2022"

The flagship digital product of mathematical modeling and engineering analysis of "Logos" the State Corporation "" will Rosatom enter the international market in 2023. The developers are confident in the competitiveness of Logos and expect that in the future it will be able to take one of the leading positions in the global field of industrial ON CAE class. The announcement of the international version of Logos took place on the sidelines of one of the largest events in the global nuclear industry - the international forum Atomexpo-2022, which is taking place these days on the Federal Territory of Sirius in. Sochi Read more here.

A breakthrough in the development of artificial intelligence (AI) in industry is inevitable, and it is associated with the integrated integration of technology into traditional industrial systems, overcoming the fragmentation of application, as well as the emergence of new computing power, including quantum and neuromorphic AI. The main barriers to the development of artificial intelligence are the lack of data for machine learning, the unavailability of business processes for digitalization and insufficient training. Such conclusions were reached by industrial experts, developers and scientists during the session "Application of artificial intelligence in industry and the nuclear industry," which was held as part of the Atomexpo-2022 forum [1]Learn more here.

Agreement with KGEU for training personnel for nuclear power

On October 12, 2022, Rosatom announced that Kazan State Energy University (KGEU) would train specialists for it on the use of Russian information systems for design and mathematical modeling. The corresponding agreement was signed by the general director of the state corporation Alexei Likhachev and the rector of KGEU Edward Abdullazyanov. Read more here.

Support for mobilized employees

On September 29, 2022, Rosatom announced the introduction of additional measures of material and social support for employees called up for military service as part of partial mobilization.

Mobilized employees will be paid 100 thousand at a time, and rubles monthly payments in the amount of 50 thousand rubles will be appointed within six months from the date of suspension of the employment contract for the period of military service.

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The main task is to help our guys. We save jobs for them, we will keep in touch and help everything that is possible. Including, financially. I made a decision on the monthly payment to each mobilized employee of Rosatom. Also, benefits for supporting children will be expanded for them, compensation for mortgage payments will be increased. We will look forward to the return of our employees - home and to work, - said the general director of the state corporation Alexei Likhachev.
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He stressed that special attention will be paid to the families of those mobilized so that their relatives and friends do not need anything. So, at the birth of a child, a lump sum payment of 50 thousand rubles is due, up to 300 thousand rubles - in the event of a serious illness of a minor family member of an employee called up for military service. The state corporation will reimburse the costs (up to 3 thousand rubles per month) for the maintenance of children in preschool institutions, for sanatorium treatment or recreation of children.

For employees who participate in the housing program, compensation for mortgage payments will continue. The amount of compensation increases to 90% of the mortgage rate. The return of the targeted interest-free loan issued by the organization for the down payment on the mortgage loan is suspended, and in the event of tragic events, the family will not need to think about its return. Compensation for the cost of renting housing is also preserved.

These measures complement regional support measures and payments through the Ministry of Defense. Other corporate benefits provided for in the organization remain in force.

Rosatom terminated the contract with the general contractor of the Akkuyu NPP construction project

Rosatom terminated the contract with the general contractor T2IC due to numerous violations during the construction of the Akkuyu NPP. This became known on August 8, 2022. Read more here.

Plan to invest $15 billion to complete Akkuyu NPP construction

Rosatom plans to gradually transfer $15 billion to finance the completion of the Akkuyu NPP project in southern Turkey. This became known on July 27, 2022. Read more here.

Rosatom began building nuclear power plants in Egypt

On July 20, 2022, Rosatom announced the start of construction of Egypt's first nuclear power plant (NPP). It was named "El Dabaa." The site is located in the Matrukh region on the Mediterranean coast 350 km from Cairo. Read more here.

Export of nuclear power units

As Olga Tolstunova, Vice President for Digitalization and Information Technologies of Atomstroyexport JSC (Rosatom), noted in June 2022, Rosatom State Corporation carries out 80% of the export of nuclear power units in the world.

Finland terminates contract with Rosatom for the construction of Hanhikivi-1 NPP against the background of a special operation of the RF Armed Forces in Ukraine

In April 2022, the Finnish company Fennovoima announced the termination of the contract with Rosatom for the construction of the Hanhikivi-1 nuclear power plant. The decision was made against the background of Russia's special operation in Ukraine.

Rosatom acquired control at AT Consulting

Rosatom represented by RuSat - Digital Solutions LLC acquired a controlling stake in the AT Consulting group of companies. TAdviser was told about this in AT Consulting, which is now part of Rosatom, in early April. The state corporation received control in the group through JSC "ATI Group" - the holding company AT Consulting. Read more here.

Purchase of Quadra from Mikhail Prokhorov for $337 million

In January 2022, Mikhail Prokhorov sold Rosatom an 82.47% stake in Quadra. It is one of his last major industrial assets.

Prokhorov bought it in 2008 for $700 million, and in 2022 was able to sell it to Rosatom for $337 million. The company has generated losses all these years.

About 20 power plants and 317 boiler houses will be transferred to the state corporation.

Creation of a company to promote nuclear reactors in the global market

As it became known on January 22, 2022, Rosatom will launch a company to promote nuclear reactors on the world market. The new structure as part of the state corporation is created on the basis of RuSat Overseas, the main task of which is to grow Rosatom's foreign portfolio and maintain Russia's leading position in the global nuclear market. Read more here.

2021

Construction of a nuclear technology centre in Serbia

On December 9, 2021, an agreement was announced between Rosatom and the Serbian government. The agreement involves the construction of a nuclear technology center in this country, which will include nuclear medicine projects on the basis of a cyclotron complex, as well as facilities for the production of radiopharmaceuticals for three years. Read more here.

Creation of the Competence Center for Cybersecurity of KII Facilities

Rosatom State Corporation, Kaspersky Lab International and the Trusted Platform Association have signed a memorandum of cooperation to implement the principles of end-to-end safety * in industry. This was announced on August 6, 2021 by Greenatom. The parties have created the Center of Competence for Cybersecurity of Critical Information Infrastructure (CII) Facilities, which will focus expert knowledge on cyberimmunicity - an approach developed by Kaspersky Lab and an evolving spectrum of experts. Projects created during the work will be proposed for consideration at the public expert council on the use of electronics in the sectors of the economy under the presidium of the Government Commission on Digital Development.

The parties to the agreement plan to jointly promote the transition of industrial enterprises to the predominant use of domestic software (software) and IT equipment, as well as develop measures to increase the protection of KII facilities from cyber attacks. Within the framework of cooperation, domestic solutions will be tested, the most effective of which will be entered into a specialized catalog available to all market participants.

Rosatom, Kaspersky Lab and the Trusted Platform Association will also prepare methodological documents and requirements so that the principles of end-to-end security are observed at each stage of development and production of Russian equipment and software components used by large companies.

On the part of Rosatom, the project is supervised by the Center for Research, Testing and Testing of Import-Independent Solutions (CITAIR) on the basis of the IT integrator of the nuclear industry - Greenatom JSC.

{{quote 'Ensuring information security of the nuclear industry is an absolute priority of our work. That is why we accumulate a lot of experience and significant expertise on how exactly this process can be built from the point of view of the technologies used. The signed agreement is an important stage in the development of cyberimmune approaches both within the nuclear industry and beyond. We are open to cooperation for the implementation of the most effective practices, we consider this agreement as one of the steps towards interaction with a large circle of market participants, "said Evgeny Abakumov, Information Technology Director of Rosatom State Corporation. }}

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The idea of cyberimmunicity is to create IT systems that have the properties of trust and security due to a stable architecture. The vast majority of cyber attacks on such systems are ineffective and cannot affect the performance of their main functions. The most reliable way to implement such an architecture is to lay the appropriate requirements at the design stage. We have created a strong team that develops cyber immune products, and are happy to join forces with large industrial enterprises in the country, "comments Andrey Dukhvalov, Head of Advanced Technologies at Kaspersky Lab.
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A distinctive feature of the Trusted Platform is the focus on the implementation of end-to-end trust and security technologies. To this end, the Trust Platform is actively involved in the creation of advanced Russian technologies and products aimed at ensuring the cybersecurity of critical information infrastructure, primarily integrated security, trusted development tools and intelligent security tools. The Association has assembled a strong and stable core of market participants, has a sufficient level of competence and is ready to make efforts to work together fruitfully with key market participants - said Andrey Tikhonov, President of the Trusted Platform Association of Computer Technology Developers of Trust and Security.
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Memorandum of Cooperation for the Creation of the Association of the Largest Software and Equipment Consumers

On June 4, 2021, Gazprom Neft, Rosatom, Rostelecom and Roscosmos approved a memorandum of cooperation to create the Association of the Largest Software and Equipment Consumers. Cooperation between the largest technology companies from different industries is aimed at developing the Russian IT solutions market. Read more here.

Atomdata-Center bought the bankrupt Xelent data center

March 23, 2021 Rosatom"" announced the closure of the acquisition transaction. The data center Xelent buyer was the company "" Atomdata-center(integrator of the infrastructure of commercial data centers, part of Rosenergoatom""). More. here

Purchase of South Korean lithium-ion battery maker Enertech International

In March 2021, Rosatom announced the purchase of Enertech International. Its participants chose not to disclose the financial terms of the transaction. Read more here.

2020

24 thousand employees of the corporation have had COVID-19

On December 25, 2020, Rosatom released a video message from Director General Alexei Likhachev to employees. In it, the head of the state corporation said that during the coronavirus pandemic (COVID-19), almost 24 thousand Rosatom employees had an infection. Most of them fully recovered and returned to work.

According to Likhachev, by December 25, 7,485 Rosatom employees had positive tests for COVID-19. Over the past two weeks, the number of cases has been gradually decreasing. There are grounds for "cautious optimism," but the numbers remain alarming, he said.

24 thousand employees of Rosatom Corporation are infected with COVID-19

The head of Rosatom said that in the "atomic cities" more than 25 thousand people are sick with coronavirus infection, the difficult situation remains in Sarov, Novouralsk, Ozersk, Lesny and Sosnov Bor.

Likhachev said that the state corporation expanded testing to 7,000 tests per day, opens PCR laboratories in "atomic cities," supplies X-ray machines, tomographs, ventilators, personal protective equipment to the medical unit. In the "atomic cities" the corporation begins vaccination, the first 3000 doses of the Sputnik V vaccine were received by the Rosenergoatom concern.

By December 25, 2020, 750 employees of the operational staff and block control boards at nuclear power plants received the coronavirus vaccine. In the first quarter of 2021, vaccinations are planned for 93 thousand people - workers, doctors and teachers in "atomic cities."

Earlier, the Leipunsky Institute of Physics and Energy, which is a member of Rosatom, presented a new method of treating coronavirus infection. The new approach, dubbed "glowing gas," is to disinfect the lungs with ultraviolet light. Specialists select molecules and gas components that can remain active when inhaled and emit ultraviolet light directly in the lungs.[6]

Venture fund "Rosatom" invested in 13 companies

On December 15, 2020, Rosatom summed up the work of its venture capital fund Digital Evolution Ventures, created in mid-2018. In total, 13 companies were supported during this time. The share of invested funds amounted to 65% of the investitsionnoy̆ part of the fund. Read more here.

Rosatom will allocate 1.5 billion rubles for the development of quantum computing

On June 16, 2020, it became known that CNews had at its disposal a draft roadmap for the development of quantum computing technologies. The document was prepared by the state corporation Rosatom under the relevant contract with the Government. Rosatom itself, within the framework of extrabudgetary funding, will allocate 1.5 billion rubles for the development of quantum computing. Read more here.

2019: Titan Power Solution Investment

On December 25, 2019, Titan Power Solution announced the attraction of $200 million in investments from the Far Eastern High Technology Fund, the Digital Evolution Ventures fund (managed by Orbita Capital Partners, the main investor is Rosatom) and its current shareholder of the I2BF Fund. Read more here.

2012: Total orders - $69 billion

In October 2012, it became known that the total volume of contracts of the state corporation Rosatom"" is about 69 billion dollars for the next ten years. This was stated by the Deputy Prime Russia Dmitry Rogozin Minister during a meeting of the Rosatom Supervisory Board, according to an official press release from the state corporation. As Rogozin pointed out, as of January 1, 2012, the volume of contracts reached $50.2 billion.

The Deputy Prime Minister also noted that in previous years Rosatom performed "and even exceeded" efficiency indicators. In 2012, as Rogozin pointed out, the state defense order of the corporation has already been actually completed one hundred percent.

Rogozin recalled that since 2006, the Russian authorities have allocated about four trillion rubles for various programs for the development of the nuclear industry until 2020. In 2011, Russian nuclear power plants generated a record amount of electricity - more than 170 billion kilowatt-hours. This level is expected to be exceeded in 2012.

2011: Head of the company Sergey Kiriyenko: By 2030, Rosatom's revenue will grow 5 times to $75 billion

At the end of 2011, the head of Rosatom, Sergei Kiriyenko, announced that by 2030 the state corporation's revenue would grow fivefold and reach $75 billion.

2007: Creation of Rosatom

In 2007, the Russian Ministry of Atomic Energy quietly and imperceptibly created an unknown specialized company. Unlike private foreign corporations, Rosatom has been and remains a vertically integrated state-owned company. This is largely why, after a few years, the conglomerate managed the facilities of the Russian nuclear industry at all stages of the nuclear cycle.

Unlike the Western strictly capitalist model of doing business, entirely based on a private profit-making scheme, the business strategy of a Russian company was developed based on the goals of the country itself. In other words, the tasks for the civil sector of the Russian industry are approved by the president and the government, and even if they are unprofitable financially, but important for Russia's plans, they will be implemented no matter what. Western private sector competitors are not able to do anything like this, with the exception of the PRC that copied this approach.

1954: Commissioning of the world's first nuclear power plant in Obninsk

26.06.1954 Obninsk NPP, the world's first nuclear power plant, was commissioned.

1949: Tests of the first Soviet nuclear bomb

Explosion of the first Soviet atomic bomb, Semipalatinsk, USSR, August 29, 1949.

Notes