France Announcement on Areva Strategy, EDF Linkup Seen in April

The way forward for state-controlled nuclear company Areva SA, which last month reported a record loss, and potential links with Electricite de France SA must be decided and unveiled quickly because the situation is “very serious,” a French lawmaker said.

“The decisions on transformation have been made and will in principle be announced mid-April,” Francois Brottes, Socialist deputy and head of the economic affairs commission at the National Assembly, said at a conference in Paris. “Possible partnerships with EDF are being studied for activities like engineering and maintenance. We can’t ask EDF for everything all the time.”