Russia / Nuclear Manufacturer AEM Plans €47M Investment In Production Facilities

Nuclear Manufacturer AEM Plans €47M Investment In Production Facilities
AEM shipped an RPV for the Akkuyu nuclear station in Turkey last year. Courtesy Rosatom.
Russia’s power engineering company AEM Technologies plans to invest about €47m in upgrading two production facilities as part of an ambitious programme which started in 2018, according to general director Igor Kotov.

The facilities are at Atommash in Volgodonsk, southwest Russia, and Petrozavodskmash in Petrozavodsk, in the northwest of the country near the border with Finland.

Mr Kotov said in an interview with Ria Novosti that AEM Technologies aims to increase its capacity to produce to produce major components for nuclear plants. The company already produces components including rector pressure vessels and steam generators, but capacity is limited.

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