Related Links: Greens Niinist calls for govt to reconsider Rosatom for nuclear plant Russia Moving To Expand Global Nuclear Power Market Share More scrutiny from the European Parliament and tighter economic sanctions imposed against Russia for its role in Ukraine’s civil war could threaten the international construction portfolio of state-owned nuclear power firm Rosatom, which the company says will reach $100 billion in 2014. Finnish political leaders have called to stop an $8.4-billion nuclear power project in northern Finland, in which Rosatom has a 34% ownership stake. As the project waits to receive final approval from Finland’s Parliament in September,
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.