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Rosatom lost 11% of its revenue

Credit: kremlin.ru

Rosatom State Atomic Energy Corporation CEO Alexei Likhachev briefed Vladimir Putin on corporate activities and the implementation of major projects, presidential web page reports.

According to Likhachev, “the global atomic community and Rosatom have felt the consequences of the pandemic”. Yet “sector’s safety and security parameters have remained very impressive over the past six months. This year, our stations are twice as reliable as they were in 2019, their reliability continues to improve, and there has been a decrease in the number of injuries. This year, no industrial accidents or fires have been reported at the sector’s enterprises.”

“Last year, average growth rates were just under 11%. This year, payments contracted, especially in April and May, and we lost about 11% of our revenue in five months,” he said. Still, “The average pay at the corporation is increasing. It will be more than RUR 88K (€1,100) this year, an increase of some 6% annually. Meanwhile, labor productivity is growing by around 6.5% annually over a period of the past four years.”

“International operations revenue is on the rise this year, too,” Likhachev noted. “It is growing by about 10–15% every year in terms of dollars.”

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