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Studsvik — Regulatory Filings 2009
Jul 27, 2009
3208_rns_2009-07-27_c3e149a7-cfff-4ab8-8bc4-6adce221a40a.pdf
Regulatory Filings
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July 27, 2009
Studsvik and SOGIN sign contract for the treatment of low level waste from Caorso plant
Studsvik and Italy's SOGIN has signed a contract for the treatment and conditioning of organic low-level waste. The order value is estimated at around SEK 73 million.
"With the order from SOGIN Studsvik takes a first step into the Italian market. The order shows Studsvik's opportunities in the renaissance that the global nuclear power industry is undergoing," says Studsvik's CEO Magnus Groth.
The order concerns the treatment of approximately 270 tonnes of organic lowlevel waste from the Italian nuclear site Caorso at Studsvik's facility in Sweden.
An initial characterization phase will commence in the second half of 2009 and last for 18 months to verify that technical and administrative processes comply with SOGIN's and the Italian authorities' requirements. The subsequent full scale treatment is expected to take 24 months to carry out. Upon completion, the conditioned and volume-reduced waste will be returned to Italy.
"The agreement with Studsvik solves a critical issue and allows a further acceleration of the decommissioning of the Caorso plant", says Massimo Romano – Sogin's CEO.
For further information please contact: Studsvik Magnus Groth, President and CEO tel. +46 155 22 10 86 or mobile +46 709 67 70 86
Sogin
Gabriele Mazzoletti, Director of Regulatory Public Affairs & Communication tel. +39 06 83040218
Facts about Studsvik
Studsvik offers a range of advanced technical services to the international nuclear power industry in such areas as waste treatment, decommissioning, engineering & services, and operating efficiency. The company has 60 years experience of nuclear technology and radiological services. Studsvik is a leading supplier on a rapidly expanding market. The business is conducted through five segments: Sweden, United Kingdom, Germany, USA and Global Services. Studsvik has 1,100 employees in 8 countries and the company's shares are listed on the NASDAQ OMX Stockholm.
Facts about SOGIN
SOGIN, Società Gestione Impianti Nucleari, is the company that manages the closure of the life cycle of Italian nuclear plants. It adopts the best international standards and uses the most advanced industrial technologies