ROSATOM actively develops new business areas and enters new markets along with development of traditional businesses. According to ROSATOM’s strategy, proceeds from new businesses must be 30% of total proceeds by 2030. To reach this target, the work to assess promising investment areas is carried out along with creation of conditions for full employment of potential and competences of the nuclear sector organizations. The goal is to build up the portfolio of new products and services orders in already existing and promising markets.
ROSATOM’s companies offer solutions that meet most stringent requirements for safety, reliability and efficiency. These are instrument engineering, information technologies, electrical and power equipment, radiation technologies, metal processing equipment, safety systems, pipeline valves, and many others. The nuclear industry potential is used in making product offers for key industries, such as natural gas and oil sector, power generation, metallurgy, shipbuilding and aircraft engineering, and rocket and space industry.
ROSATOM’s nuclear weapons complex (NWC) has been also involved in manufacture of civil products. Over 70 years of its existence, NWC has accumulated vast experience, which can be effectively used to launch new products lines. ROSATOM’s companies have skilled staff and significant production capabilities. Measures aimed at improvement of NWC companies’ scientific and production activities and development of new priority directions of civil products are carried out on a regular basis. All these help offer to foreign partners services related to localization of production of their products in Russia. The localization program conducted jointly with Schneider Electric in production of electrical equipment for NPP construction projects abroad is one of striking examples of such mutually beneficial cooperation. The cooperation of Schneider Electric with ROSATOM’s FSUE UEMP has developed successfully since 2013. The key interaction area is transfer of industrial technology of manufacturing the equipment significant for NPPs that meets international and Russian safety requirements. In several years it successfully completed preparing series production of medium voltage switchgears MCset 17.5 kV to the license of Schneider Electric, which is the world leader in electrical equipment. Russian company’s specialists fully fulfilled the terms and conditions of the cooperation agreement and acquired the official status of a licensed partner of Schneider Electric Industries SAS, which confirms the right to manufacture and sell MCset switchgears.