Riyadh – Mubasher: Russia's state-owned nuclear energy corporation Rosatom will open a subsidiary of Rusatom Overseas in Riyadh, Saudi Arabia.
Rusatom Overseas is responsible for the promotion of the integrated offer for Nuclear Power Plants (NPP) and Centers of Nuclear Science and Technologies (CNST) construction projects on global markets.
The announcement took place during the 6th session of the Russian-Saudi Arabian intergovernmental commission on trade, economic, scientific, and technological cooperation, according to the company’s statement on Tuesday.
“The opening of the Russian company’s branch in Riyadh is a significant step in Russian-Saudi relations in the field of nuclear energy. Rosatom’s presence in the Kingdom will ensure efficient interaction with Saudi state bodies and private-owned companies within the competitive dialogue for Saudi Arabia’s first nuclear power plant project,” Russian energy minister Alexander Novak commented.
The move comes along with Russia’s plans to develop an active partnership with Saudi Arabia in the peaceful use of nuclear technologies.
“We place special focus on working with Saudi industrial enterprises and scientific and educational institutions, as the Russian side sees great potential for their engagement in the implementation of Saudi Arabia’s nuclear energy program”, Evgeny Pakermanov, president of Rusatom Overseas, added.
