Andrey Shvetsov, Head of Industrial Market Group of KPMG

– Consolidation of enterprises of separation-sublimation complex is aimed at enhancing their manageability

The Board of Directors of Atomenergoprom OJSC has decided to set up Separation-Sublimation Complex company. The new OJSC will be a 100% subsidiary of Atomenergoprom OJSC and will manage the separation enterprises of Russia’s nuclear industry (Angarsk Electrolytic Chemical Combine, Siberian Group of Chemical Enterprises, Ural Electrochemical Integrated Plant, Electrochemical Plant).

I think that in this particular case the consolidation of enterprises of separation-sublimation complex, which is part of Russia’s nuclear industry, is aimed at enhancing their manageability.

Any improvement and additional transparency enhance the investment appeal of a company. Of course, to be transparent is not enough for being attractive to investors but the more transparent a company is the better.

The establishment of Separation-Sublimation Complex company is part of the reorganization of Atomenergoprom, aimed at helping the holding to achieve its strategic goals.