Igor Igoshin, Vice Chairman of the State Duma Committee on Budget and Taxes

— The key goal of the law is to create legislative conditions for the formation of a full-value nuclear concern, which will have all necessary instruments for work under market conditions

“The key goal of the law is to create legislative conditions for the formation of a full-value nuclear concern, which will have all necessary instruments for work under market conditions,” says State Duma deputy Igor Igoshin. “Today, we have no such conditions. For example, it is almost impossible to create a vertically-integrated structure on the basis of unitary enterprises.” The exclusive state ownership over nuclear materials results in juridical collisions concerning the civil turnover of such materials. “For example, when foreign raw materials are imported into Russia for processing, they should become state property. There are many such examples.

And the very goal of this law is to solve these very problems, particularly, to preserve state control over the activities of the sector. The law is aimed at reforming the nuclear power industry and forming Atomenergoprom, a vertically-integrated holding comprising JSCs (including those transformed from federal state unitary enterprises), the property complexes of FSUEs and federal state institutions, which will have the right to manage their property. The Main JSC (Atomenergoprom), its daughter and affiliated JSCs may commit their shares to trust only if given the consent of the President. The law does not cover the defense sector of the nuclear power industry.”