News
Atomenergoprom JSC has been rated by Dagong Global Credit Rating Co., Ltd (China)
30 April 2025
It was rated at the level “iA” with the estimation as "stable".
On April, 24, 2025 Dagong Global Credit Rating Co., Ltd State Rating Agency (China) assigned the credit rating to Atomenergoprom JSC at the level “iA” with the estimation as "stable".
The Agency noted that Atomenergoprom JSC is one of the major suppliers of environment-friendly energy and the only nuclear power engineering operator in Russia.
This is the fourth credit rating of Atomenergoprom JSC; credit ratings of the Russian rating agencies, Expert RA (ruAAA) and ACRA (AAA(ru)), and Dagong Global Credit Rating Co., Ltd (China) have been previously assigned to the organization.
Atomenergoprom JSC has been rated by Dagong Global Credit Rating Co., Ltd (China)
24 April 2025
It was rated with the highest credit rating estimated as "stable".
On April, 11, 2025 Dagong Global Credit Rating Co., Ltd State Rating Agency (China) assigned the credit rating to Atomenergoprom JSC at the level of AAA (RU) according to the national scale with the estimation as "stable". The credit rating was assigned at the maximum possible sovereign level.
This is the third credit rating of Atomenergoprom JSC; credit ratings of the Russian rating agencies, Expert RA (ruAAA) and ACRA (AAA(ru)), have been previously assigned to the organization.
The Agency noted that Atomenergoprom JSC offered a wide range of products and services with an integrated production chain and occupied significant positions at the global nuclear fuel market. The company is one of the major suppliers of environment-friendly energy and the only nuclear power engineering operator in Russia.
Rating report
Atomenergoprom JSC published its consolidated financial report for the first quarter of 2024
29 May 2024
Atomenergoprom JSC (an enterprise of ROSATOM) published its consolidated financial report for the first quarter of 2024.
The consolidated revenue of Atomenergoprom JSC (Group) increased by 149.9 bln. RUR (35%) and amounted to 578.4 bln. RUR. The sales profit amounted to 159.8 bln. RUR which was 16.6 bln. RUR (11.6%) more than the result for the same period in 2023. The net profit of the Group for the first quarter of 2024 was 60.8 bln. RUR. The assets of the Group increased by 72.8 bln. RUR (1.1%).
The main financial stability and liquidity parameters evidence the stable financial position of the Group.
For reference:
JSC Atomenergoprom (full name – Joint Stock Company Atomic Energy Power Corporation, short name – AEP) is a Russian state vertical integrated company, part of ROSATOM State Corporation. AEP was established in order to consolidate the assets of the civilian part of the Russian nuclear industry which has a history of about 80 years. Atomenergoprom provides full production cycle of nuclear power engineering, from uranium production to nuclear power plant construction and energy generation. It has absorbed the unique experience accumulated across the whole range of technologies of nuclear fuel cycle and nuclear power plant construction. This huge experience is the basis of Atomenergoprom leadership in the world market of nuclear technologies. AEP already includes such large companies as Rosenergoatom (#1 in Russia by nuclear electricity generation) TVEL, Atomenergomash etc. 100% of JSC Atomenergoprom is controlled by ROSATOM.
Atomenergoprom JSC published its annual report for 2023
27 May 2024
Atomenergoprom JSC (the organization of ROSATOM uniting the civil section of the nuclear industry) published its annual report for 2023.
It is noted in the report that the company has demonstrated stable production and financial results. In particular, the revenue as per the IFRS increased by 50.7% in comparison with 2022 and reached 2128.8 bln. RUR (as compared with 1412.5 bln. RUR in 2022). Tax payments also exceeded the result of 2022 by 53% and amounted to 365 bln. RUR.
At the year-end the revenue for the new products of ROSATOM (including the organizations of Atomenergoprom JSC) amounted to 1100.4 bln. RUR which was 47% more than the established target value for 2023 (750 bln. RUR) and 57.8% more than the result of 2022 (697.5 bln. RUR). Performance over and above the parameters for the new products in 2023 was due to increase in the production volume, development of logistical services and the area of energy storage systems.
It had been previously reported that the sales profit amounted to 647.6 bln. RUR which was 171.7 bln. RUR (36.1%) more than the result in 2022. The pre-tax profit of the Group amounted to 385.2 bln. RUR (increase by 166.8 bln. RUR). The pre-tax profit growth resulted in increase of the income tax expense (it amounted to 134 bln. RUR, increase by 70.7 bln. RUR). The net profit of the Group in 2023 amounted to 251.2 bln. RUR (increase by 96 bln. RUR). The assets of the Group increased by 1274.9 bln. RUR (23.3%). Thus, the main financial stability and liquidity parameters evidence the stable financial position of the Group.
In 2023 Atomenergoprom JSC continued working with "green" financing instruments. All together "green" loans for the total amount of more than 300 bln. RUR (ESG credits and "green" bonds) were raised by the end of 2023. The raised "green" financing funds are allocated for refunding of the wind farm construction projects in Russia and the project for construction of Akkuyu NPP in Turkey.
For reference:
JSC Atomenergoprom (full name – Joint Stock Company Atomic Energy Power Corporation, short name – AEP) is a Russian state vertical integrated company, part of ROSATOM State Corporation. AEP was established in order to consolidate the assets of the civilian part of the Russian nuclear industry which has a history of about 80 years. Atomenergoprom provides full production cycle of nuclear power engineering, from uranium production to nuclear power plant construction and energy generation. It has absorbed the unique experience accumulated across the whole range of technologies of nuclear fuel cycle and nuclear power plant construction. This huge experience is the basis of Atomenergoprom leadership in the world market of nuclear technologies. AEP already includes such large companies as Rosenergoatom (#1 in Russia by nuclear electricity generation) TVEL, Atomenergomash etc. 100% of JSC Atomenergoprom is controlled by ROSATOM.
Atomenergoprom JSC published its consolidated financial report for 2023
8 April 2024
Atomenergoprom JSC (an enterprise of ROSATOM) published its consolidated financial report for 2023.
The consolidated revenue of Atomenergoprom JSC (Group) in 2023 increased by 716.3 bln. RUR (50.7%) and amounted to 2128.8 bln. RUR. The sales profit amounted to 647.6 bln. RUR which was 171.1 bln. RUR (36.1%) more than the result for 2022.
The pre-tax profit of the Group amounted to 385.2 bln. RUR (increase by 166.8 bln. RUR). The pre-tax profit growth resulted in increase of the income tax expense (it amounted to 134 bln. RUR, increase by 70.7 bln. RUR). The net profit of the Group in 2023 amounted to 251.2 bln. RUR (increase by 96 bln. RUR). The assets of the Group increased by 1274.9 bln. RUR (23.3%).
The main financial stability and liquidity parameters evidence the stable financial position of the Group.
For reference:
JSC Atomenergoprom (full name – Joint Stock Company Atomic Energy Power Corporation, short name – AEP) is a Russian state vertical integrated company, part of ROSATOM State Corporation. AEP was established in order to consolidate the assets of the civilian part of the Russian nuclear industry which has a history of about 80 years. Atomenergoprom provides full production cycle of nuclear power engineering, from uranium production to nuclear power plant construction and energy generation. It has absorbed the unique experience accumulated across the whole range of technologies of nuclear fuel cycle and nuclear power plant construction. This huge experience is the basis of Atomenergoprom leadership in the world market of nuclear technologies. AEP already includes such large companies as Rosenergoatom (#1 in Russia by nuclear electricity generation) TVEL, Atomenergomash etc. 100% of JSC Atomenergoprom is controlled by ROSATOM.
Expert RA confirmed compliance of JSC Atomenergoprom’s bonds with “green” bonds issue principles
15 June 2022
On June 14, 2022, the rating agency Expert RA confirmed that JSC Atomenergoprom’s (a part of ROSATOM) bonds comply with the “green” bonds issue principles and “green” financial instrument criteria.
The agency’s release says: “Following the methodology of the second party opinion on compliance of bonds with the green bond principles, Expert RA confirms that the issue of bonds series 001R-01 of Joint Stock Company “Atomic Energy Power Corporation”, which is placed under the 001R series listed bonds program, are compliant and will comply with the green bonds principles (GBP) of the International Commercial Markets Association (ICMA), the criteria of the green financial instrument in accordance with Resolution of the Government of the Russian Federation No. 1587 of 21.09.2021 “On Approval of criteria of sustainable (including green) development projects in the Russian Federation and requirements for the verification system of sustainable (including green) development projects in the Russian Federation” (hereinafter PP No. 1587 of 21.09.2021) until their redemption”.
It is also noted that “the bonds are fully met the basic criteria of the green investment principles, namely: use of resources, project selection procedure and transparency of the issuer at the preliminary stage, booking separateness, information disclosure”.