Joint Stock Company TENEX is one of the world’s major suppliers of the NFC products, which provides a significant share of the uranium enrichment services required for western type nuclear reactors. The Company which has 100% of its share capital owned by JSC Atomenergoprom is managed by ROSATOM’s Corporate Development and International Business unit.
TENEX operates to promote the interests of the Russian nuclear industry while making the best possible use of its export potential and competitive advantages in strict compliance with the applicable law and quality assurance, security and social responsibility standards.
Main areas of activity
Supplies of uranium products made by Russian NFC enterprises
TENEX is in the business of delivering enriched uranium product (EUP) and uranium conversion and/or enrichment services generated by Russia’s nuclear industry to all key areas of the global market.
The customers of TENEX-supplied products include over 30 companies in 15 countries worldwide. A network of foreign-based sales affiliates has been established in target regional markets to enhance the quality and promptness in the delivery of services to TENEX’s customers.
Transport & logistics support for supplies
The subjects of improving the reliability of supplies, minimising the time spent to deliver a products to the customer and reducing expenses for its transportation are a constant point of attention for TENEX.
Export sea-freight shipments are mainly routed through the seaport of Saint Petersburg, with the freight forwarding services for these cargoes handled by a TENEX subsidiary – JSC SPb IZOTOP.
Since 2015 the route for shipping uranium products to Asia Pacific customers via the Russian Far East has been used on a regular basis: in 2012–2014 TENEX made successful trial deliveries from the seaport Vostochny in Russia’s Primorye Territory to Japan and the Republic of Korea.
TENEX has built up the world’s second own fleet of UX-30 overpacks, manufactured by Columbiana Hi Tech LLC (344 pieces), and a stock of own 30B containers (554 pieces) and 48Y (470 pieces), produced by China’s CIMC.
Using own transport equipment helps minimise expenses involved in leasing equipment from foreign transport and freight forwarding companies during export/import operations.
Promotion of Russian back-end technologies on the global market
In late 2015 TENEX was appointed the industry integrator of international sales in the field of back-end with the purpose of creating within the nuclear industry framework an efficient mechanism of promotion of proven Russian hi-tech solutions and R&D in the field of SNF and RW management, decommissioning of NPP’s and other nuclear and radiation hazardous facilities on the global market.
In 2016 Atomenergopromsbyt was transferred under TENEX management with the purpose of promoting projects in energy trading on the competitive Russian energy market and abroad, including sales of the energy generated by the Baltic NPP, and development of grid infrastructure.