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As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

areva cip-unsponsored adr (ARVCY) Snapshot

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52 Week High
08/28/14 - $1.63
52 Week Low
04/27/15 - $0.80
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areva cip-unsponsored adr (ARVCY) Details

AREVA SA provides uranium mining, nuclear-fuel, and nuclear-waste processing services. It provides solutions for low-carbon power generation in France, Europe, North and South America, the Asia-Pacific, Africa, and the Middle East. The company operates through five business groups: Mining, Front End, Reactors & Services, Back End, and Renewable Energies. The Mining business group is involved in the exploration, extraction, and processing of uranium ore; and reclamation of sites. It holds a portfolio of mines in operation in Canada, Kazakhstan, and Niger, as well as projects under development in Africa. The Front End business group engages in the conversion and enrichment of uranium; and design and production of fuel for nuclear reactors. The Reactors & Services business group designs and constructs nuclear reactor systems that include pressurized water reactor and boiling water reactor; manufactures naval propulsion and research reactors; and offers products and services for the maintenance, modernization, and control of various nuclear reactors. The Back End business group offers end-of-cycle management solutions for used fuel, including recycling, logistics, clean-up, and site rehabilitation; The Renewable Energies business group develops solutions for energy production with less carbon. The company has a strategic partnership agreement with Schneider Electric to develop energy storage and energy management solutions based on hydrogen production and fuel cells. The company was formerly known as CEA-Industrie and changed its name to AREVA SA in September 2001. AREVA SA was founded in 2001 and is based in Courbevoie, France.

41,847 Employees
Last Reported Date: 03/4/15
Founded in 2001

areva cip-unsponsored adr (ARVCY) Top Compensated Officers

Chief Executive Officer, Member of Executive ...
Total Annual Compensation: €417.1K
Senior Executive Vice President of Mining and...
Total Annual Compensation: €354.4K
Compensation as of Fiscal Year 2014.

areva cip-unsponsored adr (ARVCY) Key Developments

AREVA Launches Unique Testing System

AREVA has launched at its Creusot site in France a new testing system that reproduces on a smaller scale all the components of the reactor coolant system of an EPR-type nuclear reactor. Known as BEATRICE (Boucle pour l'Etude et l'Analyse du TRansport de produIts de Corrosion dans l'Eau: loop for studying and analyzing the transportation of corrosion products in water), the system recreates the real-life properties of a reactor in terms of temperature, pressure, fluid speed and chemistry in order to observe the behavior of the main components: fuel, steam generators, reactor vessel and piping. The heat produced by the nuclear reaction is simulated by powerful electric heating elements. AREVA has developed this testing system in order to offer utilities an innovative and reliable solution for the optimization of reactor control, notably to reduce the level of corrosion products forming and circulating within the reactor coolant system that have become radioactive due to contact with the reactor core. The BEATRICE project is part of AREVA’s Safety Alliance program that groups products and services designed to optimize the safety of nuclear facilities.

AREVA Delivers Filtered Containment Venting Systems to Hamaoka 4 Reactor Operated by Chubu Electric Power Company

AREVA has recently delivered Filtered Containment Venting Systems to the Hamaoka 4 reactor operated by Chubu Electric Power Company. Part of AREVA's Safety Alliance program, the FCVS technology is designed to maintain the integrity of the reactor containment building and protect the environment by ensuring the confinement of radioactive materials in the event of a serious accident generating a rise in internal pressure. Within the FCVS range, Chubu EPCO chose, for Hamaoka Unit 4, the FCVS PLUS technology, which offers three stages of filters. This device has met the requirements of the majority of safety authorities around the world. As part of the current review underway by the Japanese safety authority, this device is also expected to meet their requirements. AREVA provided the FCVS technology and internal system components. This project was successfully conducted in close cooperation with Toshiba, which played a vital role as the Tire-1 contractor and for licensing support.

AREVA Receives Contract for Integrated Head Assembly Fabrication and Installation

AREVA was recently awarded a multimillion-dollar contract with South Carolina Electric and Gas to fabricate and to install the integrated head assembly at the V.C. Summer Nuclear Station in Jenkinsville, S.C. The integrated head assembly is scheduled to be installed during the planned outage in 2017 and is being customized specifically for the V.C. Summer Nuclear Station. The device replaces the existing components above the reactor vessel closure head and enables the entire component to be removed during a refueling outage in far fewer steps than the current configuration. This integrated head assembly will enhance the safety and efficiency of outage operations. AREVA has installed 10 integrated head assemblies in the United States, most recently at Ameren Missouris Callaway Energy Center.


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