| HOME WISE Uranium Project > Enrichment & Fuel Fab. > Industry > World Nuclear Fuel Facilities > |
(last updated 31 May 2006)
UK Government Dutch Government Shell, DSM RWE AGE.ON AG
| | Philips, | 100% | | 100% | 98.9% VMF-STORK | | | | | 1.1% NUKEM | | | | GmbH
| | | | | 50% | 50% BNFL
------------------ ------------- | 100% | | | | | INFL Ultracentrifuge Nederland BV Uranit GmbH | | 33% | | 33% | | 33% ----------------------- | ------------------------ | | | URENCO LTD
The UK Government has named Urenco as one of the companies earmarked for sale along with the Government's stake in British Energy.
Urenco is jointly owned by the British, Dutch and German governments [should read: British and Dutch governments and German utilities]. The British government has been negotiating with its Dutch counterpart and is understood to have won its support for a flotation.
With two thirds of the company's shareholders in favour of a float, the Government is believed to be confident it can also win German backing.
Privatising Urenco could be politically sensitive for all the governments involved because of concerns about nuclear technology passing to private ownership.
The Government has already received an approach by an unnamed north American company for its stake in Urenco barely 24 hours after Gordon Brown announced the planned divestment in the Budget.
(Daily Telegraph March 24, 2006)
The UK government's plan to privatise Urenco via a 1.7 bln stg flotation is being blocked by the Dutch and German governments, the two other shareholders in the company, the Sunday Telegraph newspaper reported on June 26, 2005. (AFX June 6, 2005)
> Download Annual Report 2005
(3.8MB PDF)
| Urenco (Capenhurst) Ltd. Capenhurst Cheshire, CH1 6ER United Kingdom Tel. +44-151-473 4000 Fax: +44-151-473 4040 E-mail: enquiries@cap.urenco.co.uk | Urenco Nederland BV Planthofsweg 77 7601 PJ Almelo Postbus 158 7600 AD Almelo The Netherlands Tel. +31-546-545454 Fax: +31-546-818296 E-mail: mail@urenco.nl | Urenco Deutschland GmbH Röntgenstr. 4 48599 Gronau Germany Tel. +49-2562-711-0 Fax: +49-2562-711-178 E-mail: info@urenco.de |
| HOME WISE Uranium Project > Enrichment & Fuel Fab. > Industry > World Nuclear Fuel Facilities > |