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CORRECTED-Rosatom says not afraid of competition from China, South Korea [Reuters]

Korea Electric Power Corp (KEP)  More Company Research Source: Reuters
PDF The logo of Russian state nuclear monopoly Rosatom is pictured at the World Nuclear Exhibition 2014, the trade fair event for the global nuclear energy sector, in Le Bourget, near Paris, France, October 14, 2014. REUTERS/Benoit Tessier/File Photo By Katya Golubkova | ST PETERSBURG, Russia ST PETERSBURG, Russia Russian state nuclear firm Rosatom is not afraid of competition from new nuclear players China and South Korea, Rosatom's head said on Thursday, even though Russia is battling those countries for major projects in South Africa and elsewhere. Alexei Likhachyov, Rosatom chief executive, also said at an economic forum in St Petersburg that nuclear energy could help drive closer economic cooperation between Russia and firms from Europe and Japan. "With the challenges linked to the increasing share and role of nuclear energy in world powe [Read more]

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