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4 news articles found
Japan’s Toshiba Corp’s US nuclear subsidiary, Westinghouse Electric, filed for Chapter 11 bankruptcy in New York court. Westinghouse listed $10bn each in assets and liabilities in its filing in US Bankruptcy Court for the Southern District of New York.
- Source: NEI Magazine
- Date: Wednesday, 29 March 2017
- Original article: neimagazine.com/news/newswestinghouse-files-for-bankruptcy-5773901
Korea Electric Power Corp (Kepco) has dismissed speculation that it is consiering buying Toshiba’s controlling stake in US-based Westinghouse, but confirmed an interest in joining the NuGen consortium that is planning to build the Moorside NPP in the UK using Westinghouse technology.
- Source: NEI Magazine
- Date: Sunday, 26 March 2017
- Original article: neimagazine.com/news/newskorea-eyes-nugen-stake-5771508
France's Areva SA on 1 March announced a loss of €665m ($700m) in 2016, compared with a 2015 loss of just over €2bn, noting that it had received no claims from customers following manufacturing irregularities at its Creusot Forges foundry.
- Source: NEI Magazine
- Date: Thursday, 02 March 2017
- Original article: neimagazine.com/news/newsareva-reduces-losses-but-difficulties-continue-5753415
With nuclear construction effectively frozen in Japan, in the wake of Fukushima, Japanese nuclear power businesses increasingly are turning their eyes abroad, The Nikkei reported. Engineering companies and general contractors are following, racing to carve out slices of the construction market.
- Source: NEI Magazine
- Date: Monday, 02 November 2015
- Original article: neimagazine.com/news/newsjapans-nuclear-companies-look-to-foreign-projects-4708455