Sergey Kirienko, head of the Federal Atomic Energy Agency
Photo: Dmitry Azarov
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Power Machines Heads to Atomenergomash
Divisions of Federal Atomic Energy Agency set to negotiating acquisition of stocks of Power Machines, United Heavy Machinery and Podolsk Engineering Works to contribute them into a new holding, Atomenergomash, which could be taken over by TVEL Vice President Kirill Komarov. Another pretender is Tekhsnabexport, which is subordinate to Federal Atomic Energy Agency and which is buying engineering assets now. The conflict of two companies may materially slow down all progress in the project. The final decision is expected to be made till late April, before the meeting at Russia’s PM Mikhail Fradkov.
Federal Atomic Energy Agency is making out a new project to consolidate assets in profile engineering, a source at the Agency said on condition of anonymity. The matter at stake is creating Atomenergomash to be taken over by TVEL Vice President Kirill Komarov. Komarov was attracted to Federal Atomic Energy Agency by its CEO Sergey Kirienko to advise on atomic reforms and became one of top managers at TVEL.
Atomenergomash founder could be either TVEL or Tekhsnabexport. Both companies are going through the purchase of stocks of Power Machines, United Heavy Machinery and/or of their separate divisions and of Podolsk Engineering Works.
As to Power Machines, the first rumors that Interros is negotiating disposal of its 30.4 percent in the company (the stocks are managed by another holder, RAO UES of Russia, till the fall of 2007) emerged in late February. Interros denied the data but one of the former top managers of Power Machines hinted the company will soon have new owners.
www.kommersant.com
All the Article in Russian as of Apr. 17, 2006
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