Annual Report of Atomenergoprom for 2018 (Pdf, 8
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The cover of this report has been produced from a polymer com- posite material. JSC RPC Khimpromengineering (an organization of JSC Atomenergoprom), which operates under the UMATEX brand name, is Russia’s leading manufacturer of polymer composite ma- terials based on carbon fibre; it has large state-of-the-art produc- tion facilities. Polymer composite materials based on carbon fibre have unique properties: they are light in weight and have a high strength and corrosion resistance. Due to these advantages, these materials are in demand in various industries: in the aircraft and automotive in- dustry, shipbuilding, power generation, construction (including NPP construction), manufacture of consumer goods and sports gear, etc. An end user is offered a product that is lighter in weight and has a high level of strength and durability. The use of compos- ite materials in vehicles helps to reduce fuel consumption by 6 to 8%. In the wind power industry, the use of composite blades with a carbon stiffener helps to improve the performance of a wind tur- bine. The use of composite materials in construction makes it pos- sible to extend the service life of buildings and structures. TABLE OF CONTENTS CHAPTER 1 JSC ATOMENERGOPROM TODAY 4 CHAPTER 6 DIGITAL TRANSFORMATION 78 Company Overview 6 6.1. Uniform Digital Strategy 80 Report Profile 7 6.2. Digital Products of JSC Atomenergoprom 82 Address by the Chair of the Board of Directors 8 6.3. Plans for 2019 83 Address by the Director 9 JSC Atomenergoprom Today 10 CHAPTER 7 GOVERNANCE SYSTEM 84 History of JSC Atomenergoprom 11 7.1. Corporate Governance 86 Key Events in 2018 12 7.2. Risk Management 91 Key Results in 2018 13 7.3. Financial Management 102 Financial and Economic Results 14 7.4. Investment management 105 7.5. Internal Control System 108 CHAPTER 2 BUSINESS STRATEGY 20 2.1. Business Strategy until 2030 22 CHAPTER 8 HR POLICY AND SOCIAL 110 2.2. Markets Served by Atomenergoprom 28 RESPONSIBILITY 8.1. Personnel Management 112 CHAPTER 3 INTERNATIONAL BUSINESS 40 8.2. Developing the Regions of Operation 117 PERFORMANCE 8.3. Stakeholder Engagement 119 3.1. International Cooperation 42 3.2. International Business 45 CHAPTER 9 SAFE OPERATION 124 9.1. Nuclear and Radiation Safety; Occupational Safety and Health 126 CHAPTER 4 PERFORMANCE OF DIVISIONS 50 9.2. Environmental Safety 129 4.1. Mining Division 52 4.2. Fuel Division 57 4.3. Mechanical Engineering Division 60 Glossary 131 4.4. Engineering Division 63 List of Abbreviations 134 4.5. Power Engineering Division 66 Appendices 136 Feedback Form 154 CHAPTER 5 INNOVATIONS AND NEW PRODUCTS 70 Contact Details 156 5.1. Research and Innovations 72 5.2. Business Diversification 74 JSC ATOMENERGOPROM TODAY >70 1 YEARS History of organizations and enterprises forming part of JSC Atomenergoprom 6 7 COMPANY OVERVIEW REPORT PROFILE The Public Annual Report (hereinafter referred to as the Report) of Process for determining the materiality of disclosures Joint-Stock Company Atomic Energy State registration date: July 19, 2007. Tel.: +7 (495) 969-29-39. JSC Atomenergoprom (hereinafter referred to as JSC Atomenergoprom The materiality of information was determined through the following Power Corporation Fax: +7 (495) 969-29-36. or the Company) for 2018 has been prepared in the integrated format. State registration authority: Inter-District The Report provides an integrated account of the Company’s strategy process: (JSC Atomenergoprom). Inspectorate No. 46 of the Federal Tax Service Official website: and JSC Atomenergoprom’s key financial, economic and operating A working group compiled a list of material topics related to the Primary state registration number (OGRN): in Moscow. www.atomenergoprom.ru. results for 2018. The Report also outlines the Company’s achievements Company’s operations; 1077758081664. Location: 24 Bolshaya Ordynka Street, Moscow. in the sphere of nuclear and radiation safety and environmental The Company’s management, members of the working group protection, its contribution to the development of its regions of preparing the Report and representatives of major stakeholder groups operation, implementation of social policy and other aspects of prioritized material topics (based on the assessment of materiality of sustainable development. each of the proposed topics); 1. Shareholders of JSC Atomenergoprom JSC Atomenergoprom issues reports on a yearly basis. The previous Following the ‘two-stage filtering’, a list of material topics to be annual report was published in 2018. This Report covers the operating Holders of record of 1. State Atomic Energy Corporation 2. Russian Federation represented by the disclosed in the Report was compiled. results of the Company and its organizations during the period from JSC Atomenergoprom as of December Rosatom. Russian Ministry of Finance. January 1 through December 31, 2018. It also discloses some information As a result, a ranking map of material topics to be disclosed in the 31, 2018: Location: 24 Bolshaya Ordynka Street, Location: 9 Ilyinka Street, Moscow, 109097. on and results of the entire Russian nuclear industry. Report was prepared. The decision to include various GRI performance Moscow, 119017. Status of the holder of record: shareholder. The Annual Report of JSC Atomenergoprom is approved by the Board indicators and performance indicators stipulated in ROSATOM’s Public Status of the holder of record: shareholder. of Directors. Reporting Standard was based on the materiality of the topics to which Stake in the Company’s authorized share the indicators are related. The boundaries of information disclosure on Stake in the Company’s authorized share capital: 5.55%. Standards and regulatory requirements various topics were determined by the working group. capital: 94.45%. Portion of voting shares held by the entity: Portion of voting shares held by the entity: 0%. The Report has been prepared in accordance with the following Verification of reporting information 100%. documents: Reporting information was certified as accurate and reliable by an The Public Reporting Policy of ROSATOM and the Public Reporting independent auditor which certifies the annual financial statements. Standard of ROSATOM and its organizations; The International Integrated Reporting Framework of the Disclaimer 2. Auditor of JSC Atomenergoprom International Integrated Reporting Council (The International <IR> Framework); The Report contains information about the Company’s medium- and long-term objectives and initiatives. The objectives are forward-looking, Full name: LLC Accountants and Business Location: 44/1 Myasnitskaya Street, Moscow, Fax: +7 (495) 737-53-47. The Global Reporting Initiative (GRI) Sustainability Reporting and their actual achievement will depend, among other things, on a Advisors (LLC FBK). 101990. Standards: this Report has been prepared in accordance with individual Email: [email protected]. number of economic, political and legal factors beyond the Company’s GRI Standards listed in Appendix 1; INN: 7701017140. JSC KPMG is the auditor for the summary control (the global financial, economic and political environment; OGRN: 1027700058286. consolidated IFRS financial statements for The AA1000 AccountAbility Principles Standard; situation on the key markets; amendments to the tax, customs and Tel.: +7 (495) 737-53-53. 2018. Federal Law No. 208-FZ on Joint-Stock Companies dated December environmental legislation, etc.). Therefore, actual performance in 26, 1995; the future years may differ significantly from the forward-looking statements contained herein. Regulations of the Central Bank of Russia No. 454-P on Disclosure of 3. Registrar of JSC Atomenergoprom’s shares Information by Issuers of Issue-Grade Securities dated December 30, 2014. The shareholder register of INN: 7705038503. Date from which the registrar has kept the JSC Atomenergoprom is kept by Joint- OGRN: 1027739216757. issuer’s shareholder register: October 28, Stock Company Independent Licence: 045-13976-000001. 2009. Registrar Company R.O.S.T. Issue date: December 3, 2002. JSC Independent Registrar Company R.O.S.T. Abbreviated company name: Expiry date: perpetual licence. also maintains shareholder registers of JSC IRC — R.O.S.T. Licensing authority: Russian Federal the majority of JSC Atomenergoprom’s Commission for the Securities Market (Federal subsidiaries, which enables more rapid and Location: 18, Bldg. 13, Stromynka Street, Financial Markets Service). reliable transactions in their shares when Moscow, 107996. restructuring the corporate group. JSC ATOMENERGOPROM ANNUAL REPORT 2018 CHAPTER 1 / JSC ATOMENERGOPROM TODAY / COMPANY OVERVIEW, REPORT PROFILE 8 9 ADDRESS BY THE CHAIR OF THE ADDRESS BY BOARD OF DIRECTORS THE DIRECTOR Dear colleagues and partners, Lomonosov floating power plant as part of comprehensive Dear colleagues and partners, radiology department building of the East Siberian testing. The floating NPP is an innovative Russian solution Cancer Centre in Irkutsk. An agreement was signed on the Looking back on JSC Atomenergoprom’s performance designed to provide power supply in the Far North, on In 2018, JSC Atomenergoprom continued to work towards construction of a nuclear medicine centre in Malaysia. islands and in other remote areas. After it is put into during the past year, we can say that the Company attaining its strategic goals. JSC Atomenergoprom is actively developing the Russian achieved impressive results. operation, the power plant will supply electricity and There were a number of major achievements in the wind