Finweek English Edition - - IN BRIEF -

The 2014 full-year loss (R64bn) ex­pected by French gov­ern­ment-con­trolled nu­clear group Areva, partly due to penal­ties on a much-de­layed re­ac­tor in Fin­land. The group’s new man­age­ment team is ex­pected to say on 4 March how it plans to cut debt and re­turn to prof­itabil­ity. The nu­clear in­dus­try has been in slow­down since the Fukushima dis­as­ter in Ja­pan in 2011, when the plant was hit by an earth­quake and tsunami.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.