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RIA Novosti

Business

Rosenergoatom head says legal obstacles block concern's corporatization

19:50 08/09/2005
MURMANSK, September 8 (RIA Novosti, Yekaterina Kozlova) - Legal obstacles are blocking the corporatization of Rosenergoatom, the state electric and thermal energy producer at nuclear power plants, the concern's head said Thursday.

Nikolai Sorokin, the Rosenergoatom director and member of the committee for the corporatization, said laws on the use of the nuclear energy envisage the possibility for corporatization of Rosenergoatom, but there is no mechanism of corporatization.

The necessary documents are currently being prepared so that the government's decision on the corporatization would be implemented in 2006, Sorokin said.

Orders were given and special commissions and working groups were set up by the government to prepare Rosenrgoatom for corporatization.

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