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DGAP-News JSC Nizhny Novgorod Engineering Company: On 8-9th February, 2012, a delegation of NIAEP - ASE merged company visits Socialist Republic of Vietnam (deutsch)

Autor: dpa-AFX
 |  09.02.2012, 12:15  |  213 Aufrufe  |   0  | 

JSC Nizhny Novgorod Engineering Company: On 8-9th February, 2012, a delegation of NIAEP - ASE merged company visits Socialist Republic of Vietnam

EquityStory.RS, LLC-News: JSC Nizhny Novgorod Engineering Company

'Atomenergoproekt' (NIAEP) / Key word(s): Miscellaneous

JSC Nizhny Novgorod Engineering Company: On 8-9th February, 2012, a

delegation of NIAEP - ASE merged company visits Socialist Republic of

Vietnam

09.02.2012 / 12:15

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JOINT STOCK COMPANY

NIZHNY NOVGOROD ENGINEERING COMPANY

' E N R G P R K »

(JSC 'NIAEP')

3, sq. Svoboda, Nizhny Novgorod, Russia 603006

tel. (831) 421-81-30

QIP: 192000127

www.niaep.ru

e-mail : pr@niaep.ru

On 8-9th February, 2012, a delegation of NIAEP - ASE merged company visits

Socialist Republic of Vietnam.

It is planned to hold a number of working meetings during the visit to

Hanoi.

On 8th February Valery Limarenko, director of JSC NIAEP and acting

president of JSC ASE, will meet the top manager of Vietnam electric power

corporation EVN and will confirm that the merged company is ready to

fulfill the obligations undertaken by JSC ASE as the general contractor in

NPP construction project (in conformity with the intergovernmental

agreement dated 31.10.2010). It is planned to hand over the draft joint

operating plan for pre-contract stage to EVN for review and approval.

On the same day there will be meetings with management of Vietnam Energy

Institute and Vietnam Atomic Energy Institute - customer of Center for

nuclear science and technology (CNST), where JSC ASE is also general

contractor (in conformity with the intergovernmental agreement dated

21.11.2011).

Then the NIAEP - ASE delegation will meet management of engineering

companies PECC1 and PECC2 and will visit their production facilities.

- During the first day of our visit we plan to define the main works in NPP

and CNST construction projects where Vietnamese companies could also

collaborate as subcontractors, - says Valery Limarenko, - We think

localization (involvement of local suppliers, manufacturers and

construction companies) is very important.

On 9th February there will be meetings with representatives of Viet Nam

construction complex and representatives of the SRV government - management

of Ministry of Industry and Trade and Ministry of Science and Technology.

Representatives of the SRV government will be informed on plans of the

Russia party concerning involvement of Vietnamese companies in

subcontracting for NPP and CNST construction.

For your information, on 25th November 2009 National Assembly of Socialist

Republic of Vietnam adopted the resolution on construction of two nuclear

plants in Ninh thuan. According to the resolution construction of Ninh

thuan-1 will begin in 2014. Ninh thuan-1 is to be commissioned in 2020

according to the schedule.

Reference:

JSC NIZHNY NOVGOROD ENGINEERING COMPANY (JSC NIAEP), www.niaep.ru, is an

enterprise of the State atomic energy corporation - Rosatom. It is one of

the four engineering companies in the Russian nuclear industry. The company

renders NPP engineering and construction services as well as 'turnkey'

services.

The company is the developer of the key power facilities in Russia.

Today Nizhny Novgorod engineering company 'Atomenergoproekt'

is the General Contractor for construction projects:

- Kalinin NPP-4,

- Rostov NPP-3&4;

participates in designing nuclear power plants abroad:

- NPP in Kazakhstan,

- Kudankulam in India,

- Bushehr NPP in Iran;

carries out site survey and investigation activities for:

- Rostov NPP-3&4,

- Novovoronezh NPP-2,

- Tver NPP,

- Nizhny Novgorod NPP.

At the end of 2011, two competencies: JSC NIAEP and JSC Atomstroyexport

were merged. The both companies are working on 20 projects being

implemented simultaneously in Russia and abroad.

The company is using advanced software products for nuclear power plant

engineering. Since 2002 a 3-D model has been applied in NPP engineering.

A quality management system was introduced in the company complying with

the requirements of the international standards. It was successfully

certified in the TUV SUD international center.

Public relations and information policy department

E-mail: pr@niaep.ru

End of Corporate News

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09.02.2012 Dissemination of a Corporate News, transmitted by

EquityStory.RS, LLC - a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.

EquityStory.RS, LLC's Distribution Services include Regulatory

Announcements, Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de

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156047 09.02.2012

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