Kazatomprom entered a new European market

Kazakhstan concluded a contract with Swedish Company Vattenfall AB for the supply of natural uranium. The commercial cooperation agreement was signed between Kazatomprom group and Vattenfall AB based on the results of a tender for procurement of nuclear fuel for the needs of their NPPs.

Pursuant to their arrangements, the parties complied with all their obligations. The national company of Kazakhstan successfully exported uranium to Sweden. This contract made it possible for Kazatomprom to diversify its geography of supplies and expand into new foreign nuclear fuel markets.

Vattenfall AB is one of the largest energy companies of Europe which operates 7 nuclear reactors. The company produces and sells electrical and heat power in Sweden, Denmark, Finland, Germany and Poland. Vattenfall AB is 100% state-owned company.