OREANDA-NEWS. March 2, 2010. The shareholders of the separation and sublimation, and gas centrifuge companies re-elected the members of Boards of Directors, including the JSC TVEL representatives.

New compositions of Boards of Directors have been elected in all enterprises of the separation and sublimation subholding encompassing JSC RSK, JSC AEKHK, JSC EKHZ, JSC SKHK, JSC UEKHK and JSC Tenex-Service. Respective corporate procedures have also been implemented in the enterprises of the gas centrifuge subholding (JSC IC RGC, Limited Uralpribor, Limited NNKC, Limited UZGC, JSC OKB – Nizhni Novgorod, JSC Centrotech-SPb). The latest extraordinary general meeting called on this matter was held in the JSC KMZ premises on 8 February 2010.

The members of the Boards of Directors were re-elected for the purpose of the management contour creation of the currently setup Fuel Company affiliated to JSC TVEL.

The strategic goal of establishing the Fuel Company is to increase competitiveness on the global NFC market and maximum possible satisfaction of needs of both Russian and international customers. The Fuel Company accomplishes tasks such as building optimum management structure of enterprises of the nuclear fuel cycle, higher efficiency, increase in production volumes, and output marketing.

At the first stage, the Fuel Company will associate gas centrifuge manufacturing enterprises, separation and sublimation plants, and fuel fabrication plants.