Worldwide Presence
Worldwide, the Areva group has an industrial presence in 43 countries and its commercial network reaches more than 100 countries. As of 2010, it employed approximately 48,000 people. In 2006, Fortune Magazine reported that Areva was the "Most Admired Global Energy Company."
Areva has partnered with engineering contractors to aid in the reconstruction of Iraq by manufacturing equipment to construct electrical substations.
In June 2007, Areva announced plans to acquire the African uranium mining company UraMin for a final price of about 2.5 billion USD. This move further beefs up Areva's nuclear business, and Areva plans to increase production to 9 million kilograms of yellowcake by 2012.
Areva has also signed a memorandum of understanding with Mitsubishi Heavy Industries for the establishment of a joint venture for their next reactor design.
Read more about this topic: Areva
Famous quotes containing the word presence:
“Wisdom I know is social. She seeks her fellows. But Beauty is jealous, and illy bears the presence of a rival.”
—Thomas Jefferson (1743–1826)